According to Netcapital's latest financial reports and stock price the company's current Operating Margin is -252.35%. At the end of 2023 the company had an Operating Margin of 44.84%.
Year | Operating Margin | Change |
---|---|---|
2023 | 44.84% | -39.28% |
2022 | 73.85% | 67.4% |
2021 | 44.11% | 82.08% |
2020 | 24.23% | -58.14% |
2019 | 57.87% | -50.93% |
2018 | 117.95% |
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.