Satixfy Communications
SATX
#9099
Rank
$67.93 M
Marketcap
$0.80
Share price
-0.58%
Change (1 day)
95.37%
Change (1 year)

Operating Margin for Satixfy Communications (SATX)

Operating Margin as of November 2024 (TTM): 88.64%

According to Satixfy Communications's latest financial reports and stock price the company's current Operating Margin is 88.64%. At the end of 2022 the company had an Operating Margin of -3,650.20%.

Operating Margin history for Satixfy Communications from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-3,650.20%6166.88%
2021-58.25%-60.56%
2020-147.68%

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.