According to Red 5 Limited's latest financial reports and stock price the company's current Operating Margin is -2.06%. At the end of 2023 the company had an Operating Margin of -2.07%.
Year | Operating Margin | Change |
---|---|---|
2023 | -2.07% | -93.21% |
2022 | -30.44% | 304.73% |
2021 | -7.52% | -245.35% |
2020 | 5.17% | -176.29% |
2019 | -6.78% | -63.63% |
2018 | -18.65% | -88.4% |
2017 | -160.73% | -730.9% |
2016 | 25.48% | -111.68% |
2015 | -218.03% | -97.77% |
2014 | -9,791.35% | 32055.92% |
2013 | -30.45% | -22.6% |
2012 | -39.34% |
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.