According to KORE's latest financial reports and stock price the company's current Operating Margin is -31.32%. At the end of 2021 the company had an Operating Margin of -13.76%.
Year | Operating Margin | Change |
---|---|---|
2021 | -13.76% | -27.42% |
2020 | -18.96% | -11.88% |
2019 | -21.51% |
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.