According to Fragbite Group's latest financial reports and stock price the company's current Operating Margin is -41.85%. At the end of 2024 the company had an Operating Margin of -59.06%.
Year | Operating Margin | Change |
---|---|---|
2024 | -59.06% | 190.67% |
2023 | -20.32% | -46.41% |
2022 | -37.92% | 1.83% |
2021 | -37.24% | -92.42% |
2020 | -491.16% | -54.7% |
2019 | -1,084.18% |
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.