Virax Biolabs
VRAX
$0.61
Share price
-8.82%
Change (1 day)
60.53%
Change (1 year)
Categories
Operating Margin for Virax Biolabs (VRAX)
Operating Margin at the end of 2021: -520.33%
According to Virax Biolabs's latest financial reports and stock price the company's current Operating Margin is -520.32%. At the end of 2021 the company had an Operating Margin of -520.33%.
Operating Margin history for Virax Biolabs from 2020 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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.