Fr8Tech (Freight Technologies)
FRGT
#10112
Rank
ยฃ2.63 M
Marketcap
ยฃ1.31
Share price
3.09%
Change (1 day)
-98.20%
Change (1 year)

Operating Margin for Fr8Tech (Freight Technologies) (FRGT)

Operating Margin at the end of 2022: -31.28%

According to Fr8Tech (Freight Technologies)'s latest financial reports and stock price the company's current Operating Margin is -31.27%. At the end of 2022 the company had an Operating Margin of -31.28%.

Operating Margin history for Fr8Tech (Freight Technologies) from 2018 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2022-31.28%-17.7%
2021-38.00%-39.98%
2020-63.32%-24.28%
2019-83.62%12.7%
2018-74.19%

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.