Forafric Global PLC
AFRI
#7963
Rank
NZ$0.40 B
Marketcap
Country
$15.06
Share price
2.97%
Change (1 day)
-11.04%
Change (1 year)

Operating Margin for Forafric Global PLC (AFRI)

Operating Margin at the end of 2023: 0.46%

According to Forafric Global PLC's latest financial reports and stock price the company's current Operating Margin is 0.45%. At the end of 2023 the company had an Operating Margin of 0.46%.

Operating Margin history for Forafric Global PLC from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20230.46%-115.26%
2022-3.01%-416.19%
20210.95%-72.71%
20203.48%66.18%
20192.10%

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.