Locafy
LCFY
#9843
Rank
ยฃ5.87 M
Marketcap
ยฃ4.60
Share price
-14.43%
Change (1 day)
-7.27%
Change (1 year)

Operating Margin for Locafy (LCFY)

Operating Margin as of November 2024 (TTM): -21.45%

According to Locafy's latest financial reports and stock price the company's current Operating Margin is -21.45%. At the end of 2023 the company had an Operating Margin of -71.61%.

Operating Margin history for Locafy from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-71.61%-30.57%
2022-103.15%136.52%
2021-43.61%-61.27%
2020-112.61%

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.