Connexa Sports Technologies
YYAI
#8964
Rank
ยฃ48.12 M
Marketcap
ยฃ7.48
Share price
5.71%
Change (1 day)
-85.48%
Change (1 year)

Operating Margin for Connexa Sports Technologies (YYAI)

Operating Margin as of October 2024 (TTM): -317.75%

According to Connexa Sports Technologies's latest financial reports and stock price the company's current Operating Margin is -317.75%. At the end of 2023 the company had an Operating Margin of -201.60%.

Operating Margin history for Connexa Sports Technologies from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-201.60%-10.54%
2022-225.37%405.44%
2021-44.59%-95.58%
2020-1,008.08%
2018-58.76%-327.79%
201725.80%

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.