NeoGames
NGMS
#5089
Rank
$0.99 B
Marketcap
$29.41
Share price
0.03%
Change (1 day)
108.58%
Change (1 year)

Operating Margin for NeoGames (NGMS)

Operating Margin as of April 2024 (TTM): -8.78%

According to NeoGames's latest financial reports and stock price the company's current Operating Margin is -8.78%. At the end of 2021 the company had an Operating Margin of 9.86%.

Operating Margin history for NeoGames from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20219.86%-26.07%
202013.34%270.97%
20193.60%-124.19%
2018-14.87%-55.61%
2017-33.50%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 280.91%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.