According to Heart Test Laboratories's latest financial reports and stock price the company's current Operating Margin is -51,557.90%. At the end of 2022 the company had an Operating Margin of -33,592.57%.
Year | Operating Margin | Change |
---|---|---|
2022 | -33,592.57% | 250.75% |
2021 | -9,577.29% | 61.29% |
2020 | -5,937.99% |
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.