According to IM Cannabis's latest financial reports and stock price the company's current Operating Margin is -33.17%. At the end of 2021 the company had an Operating Margin of -33.17%.
Year | Operating Margin | Change |
---|---|---|
2021 | -33.17% | -81.49% |
2020 | -179.18% | 121.84% |
2019 | -80.77% | |
2002 | 100.00% | 0% |
2001 | 100.00% |
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.