ryde
RYDE
£0.20
Share price
2.79%
Change (1 day)
-93.17%
Change (1 year)
Categories
Operating Margin for ryde (RYDE)
Operating Margin at the end of 2023: -148.48%
According to ryde's latest financial reports and stock price the company's current Operating Margin is -148.48%. At the end of 2023 the company had an Operating Margin of -148.48%.
Operating Margin history for ryde from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -148.48% | 164.19% |
| 2022 | -56.20% | 180.79% |
| 2021 | -20.02% |
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.