According to Playstudios's latest financial reports and stock price the company's current Operating Margin is -8.13%. At the end of 2021 the company had an Operating Margin of 3.65%.
Year | Operating Margin | Change |
---|---|---|
2021 | 3.65% | -11.64% |
2020 | 4.13% | -43.83% |
2019 | 7.35% |
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.