Fragbite Group
FRAG.ST
#8066
Rank
$12.64 M
Marketcap
$0.12
Share price
14.54%
Change (1 day)
-57.14%
Change (1 year)

Operating Margin for Fragbite Group (FRAG.ST)

Operating Margin as of April 2024 (TTM): -37.92%

According to Fragbite Group's latest financial reports and stock price the company's current Operating Margin is -37.92%. At the end of 2021 the company had an Operating Margin of -37.24%.

Operating Margin history for Fragbite Group from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-37.24%-92.42%
2020-491.11%-54.7%
2019-1,084.18%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.