Fr8Tech
(Freight Technologies)
FRGT
£0.76
Share price
-11.15%
Change (1 day)
-96.92%
Change (1 year)
Categories
Operating Margin for Fr8Tech (Freight Technologies) (FRGT)
Operating Margin at the end of 2023: -54.06%
According to Fr8Tech (Freight Technologies)'s latest financial reports and stock price the company's current Operating Margin is -54.05%. At the end of 2023 the company had an Operating Margin of -54.06%.
Operating Margin history for Fr8Tech (Freight Technologies) from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -54.06% | 72.85% |
| 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.