Grom Social Enterprises
GROM
#9695
Rank
โ‚น18.92 M
Marketcap
โ‚น2.10
Share price
-1.19%
Change (1 day)
-98.75%
Change (1 year)

Operating Margin for Grom Social Enterprises (GROM)

Operating Margin as of September 2024 (TTM): -423.35%

According to Grom Social Enterprises's latest financial reports and stock price the company's current Operating Margin is -423.35%. At the end of 2022 the company had an Operating Margin of -300.76%.

Operating Margin history for Grom Social Enterprises from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-300.76%85.66%
2021-161.99%67.2%
2020-96.88%76.44%
2019-54.91%-2.38%
2018-56.25%-28.02%
2017-78.15%-71.98%
2016-278.88%-51.95%
2015-580.41%

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.