The Glimpse Group
VRAR
$1.06
Share price
-10.17%
Change (1 day)
-72.68%
Change (1 year)
Categories
Operating Margin for The Glimpse Group (VRAR)
Operating Margin as of May 2024 (TTM): -85.17%
According to The Glimpse Group's latest financial reports and stock price the company's current Operating Margin is -85.17%. At the end of 2022 the company had an Operating Margin of -82.09%.
Operating Margin history for The Glimpse Group from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -82.09% | -53.89% |
| 2021 | -178.04% | -30.64% |
| 2020 | -256.69% | -54.74% |
| 2019 | -567.18% |
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.