MGO Global
MGOL
$0.23
Share price
0.17%
Change (1 day)
-80.17%
Change (1 year)
Categories
Operating Margin for MGO Global (MGOL)
Operating Margin at the end of 2021: -100.18%
According to MGO Global's latest financial reports and stock price the company's current Operating Margin is -100.17%. At the end of 2021 the company had an Operating Margin of -100.18%.
Operating Margin history for MGO Global from 2020 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -100.18% | -49.96% |
| 2020 | -200.19% |
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.