Argo Blockchain
ARBK
#8755
Rank
ยฃ53.33 M
Marketcap
ยฃ0.84
Share price
-12.70%
Change (1 day)
-3.63%
Change (1 year)

Operating Margin for Argo Blockchain (ARBK)

Operating Margin as of September 2024 (TTM): -411.84%

According to Argo Blockchain's latest financial reports and stock price the company's current Operating Margin is -411.84%. At the end of 2022 the company had an Operating Margin of -411.84%.

Operating Margin history for Argo Blockchain from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-411.84%-882.78%
202152.61%
2019-10.09%

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.