Umbrella Global Energy
UMB.MC
#9405
Rank
NZ$0.14 B
Marketcap
NZ$6.63
Share price
0.00%
Change (1 day)
-11.45%
Change (1 year)

Operating Margin for Umbrella Global Energy (UMB.MC)

Operating Margin at the end of 2023: -36.79%

According to Umbrella Global Energy's latest financial reports and stock price the company's current Operating Margin is -36.79%. At the end of 2023 the company had an Operating Margin of -36.79%.

Operating Margin history for Umbrella Global Energy from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-36.79%1924.44%
2022-1.82%-131.15%
20215.83%-55.6%
202013.14%164.05%
20194.98%

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.