Tingo Group
TIO
#7938
Rank
NZ$0.26 B
Marketcap
$1.12
Share price
0.00%
Change (1 day)
-51.03%
Change (1 year)

Operating Margin for Tingo Group (TIO)

Operating Margin as of September 2024 (TTM): 19.03%

According to Tingo Group's latest financial reports and stock price the company's current Operating Margin is 19.03%. At the end of 2022 the company had an Operating Margin of -7.12%.

Operating Margin history for Tingo Group from 2004 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-7.12%-89.92%
2021-70.59%-96.54%
2020-2,042.80%105.01%
2019-996.44%1262.91%
2018-73.11%164.84%
2017-27.61%-41.86%
2016-47.48%257.67%
2015-13.27%113.17%
2014-6.23%-196.43%
20136.46%-73.84%
201224.69%88.88%
201113.07%-42.54%
201022.74%-2495.17%
2009-0.95%-141.58%
20082.28%-34.65%
20073.50%389.26%
20060.71%-267.51%
2005-0.43%-104.43%
20049.63%

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.