The Glimpse Group
VRAR
#9509
Rank
NZ$23.36 M
Marketcap
$1.29
Share price
-6.29%
Change (1 day)
-58.05%
Change (1 year)

Operating Margin for The Glimpse Group (VRAR)

Operating Margin as of September 2024 (TTM): -104.89%

According to The Glimpse Group's latest financial reports and stock price the company's current Operating Margin is -104.89%. At the end of 2023 the company had an Operating Margin of -211.86%.

Operating Margin history for The Glimpse Group from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-211.86%158.07%
2022-82.09%-53.89%
2021-178.04%-30.64%
2020-256.69%-54.74%
2019-567.18%

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.