Virax Biolabs
VRAX
#9853
Rank
NZ$14.42 M
Marketcap
$3.32
Share price
3.19%
Change (1 day)
-13.71%
Change (1 year)

Operating Margin for Virax Biolabs (VRAX)

Operating Margin at the end of 2023: -63,570.79%

According to Virax Biolabs's latest financial reports and stock price the company's current Operating Margin is -63,570.80%. At the end of 2023 the company had an Operating Margin of -63,570.79%.

Operating Margin history for Virax Biolabs from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-63,570.79%
2021-520.33%-19.9%
2020-649.58%

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.