Wrap Technologies
WRAP
#8905
Rank
HK$0.53 B
Marketcap
HK$11.69
Share price
1.35%
Change (1 day)
1.59%
Change (1 year)

Operating Margin for Wrap Technologies (WRAP)

Operating Margin as of October 2024 (TTM): -377.99%

According to Wrap Technologies 's latest financial reports and stock price the company's current Operating Margin is -377.99%. At the end of 2022 the company had an Operating Margin of -220.28%.

Operating Margin history for Wrap Technologies from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-220.28%-30.5%
2021-316.92%-4.42%
2020-331.57%-73.18%
2019-1,236.19%-91.42%
2018-14,406.61%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-2.94%-99.22%๐Ÿ‡บ๐Ÿ‡ธ USA
5.48%-101.45%๐Ÿ‡บ๐Ÿ‡ธ USA

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.