Virax Biolabs
VRAX
$1.56
Share price
-7.20%
Change (1 day)
55.98%
Change (1 year)
Categories
Operating Margin for Virax Biolabs (VRAX)
Operating Margin at the end of 2024: -4,291.19%
According to Virax Biolabs's latest financial reports and stock price the company's current Operating Margin is -4,291.19%. At the end of 2024 the company had an Operating Margin of -4,291.19%.
Operating Margin history for Virax Biolabs from 2020 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | -4,291.19% | -93.25% |
| 2023 | -63,570.79% | |
| 2021 | -520.33% | -19.9% |
| 2020 | -649.58% |
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.