Audinate Group
AD8.AX
#6590
Rank
HK$4.03 B
Marketcap
HK$48.38
Share price
-0.42%
Change (1 day)
-25.35%
Change (1 year)

Operating Margin for Audinate Group (AD8.AX)

Operating Margin at the end of 2023: 2.00%

According to Audinate Group's latest financial reports and stock price the company's current Operating Margin is 1.99%. At the end of 2023 the company had an Operating Margin of 2.00%.

Operating Margin history for Audinate Group from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20232.00%-121.1%
2022-9.47%2.4%
2021-9.25%67.59%
2020-5.52%-343.37%
20192.27%-160.59%
2018-3.74%-97.24%
2017-135.40%

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.