MAG Interactive
MAGI.ST
#7958
Rank
$23.47 M
Marketcap
$0.89
Share price
2.16%
Change (1 day)
-45.73%
Change (1 year)

Operating Margin for MAG Interactive (MAGI.ST)

Operating Margin as of March 2024 (TTM): -4.54%

According to MAG Interactive's latest financial reports and stock price the company's current Operating Margin is -4.54%. At the end of 2022 the company had an Operating Margin of 5.30%.

Operating Margin history for MAG Interactive from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20225.30%142.61%
20212.19%-121.01%
2020-10.40%4.52%
2019-9.95%-66.91%
2018-30.08%-527.47%
20177.04%-50.65%
201614.26%-57.35%
201533.43%

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.