Motorsport Gaming
MSGM
#8162
Rank
$8.83 M
Marketcap
$2.58
Share price
2.38%
Change (1 day)
-47.02%
Change (1 year)

Operating Margin for Motorsport Gaming (MSGM)

Operating Margin as of April 2024 (TTM): -345.70%

According to Motorsport Gaming's latest financial reports and stock price the company's current Operating Margin is -345.70%. At the end of 2021 the company had an Operating Margin of -223.57%.

Operating Margin history for Motorsport Gaming from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-223.57%6163.19%
2020-3.57%-92.65%
2019-48.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44%-90.33%๐Ÿ‡บ๐Ÿ‡ธ USA

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.