Mainz Biomed
MYNZ
$0.83
Share price
-7.26%
Change (1 day)
-78.56%
Change (1 year)
Categories
Operating Margin for Mainz Biomed (MYNZ)
Operating Margin at the end of 2021: -2,025.67%
According to Mainz Biomed's latest financial reports and stock price the company's current Operating Margin is -2,025.66%. At the end of 2021 the company had an Operating Margin of -2,025.67%.
Operating Margin history for Mainz Biomed from 2019 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -2,025.67% | 1603.54% |
| 2020 | -118.91% | -65.04% |
| 2019 | -340.11% |
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.