Satixfy Communications
SATX
#8220
Rank
$56.83 M
Marketcap
$0.68
Share price
-1.46%
Change (1 day)
100.00%
Change (1 year)

Operating Margin for Satixfy Communications (SATX)

Operating Margin as of July 2024 (TTM): -4,057.02%

According to Satixfy Communications's latest financial reports and stock price the company's current Operating Margin is -4,057.02%. 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.