Virtual Interactive Technologies
VRVR
#8330
Rank
$1.81 M
Marketcap
🇧🇲 Bermuda
Country
$0.22
Share price
0.00%
Change (1 day)
-18.52%
Change (1 year)
Categories
Operating Margin for Virtual Interactive Technologies (VRVR)
Operating Margin as of May 2024 (TTM): -1,579.03%
According to Virtual Interactive Technologies's latest financial reports and stock price the company's current Operating Margin is -1,579.03%. At the end of 2022 the company had an Operating Margin of -1,278.54%.
Operating Margin history for Virtual Interactive Technologies from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -1,278.54% | 1987.74% |
| 2021 | -61.24% | 1498.48% |
| 2020 | -3.83% | -98.75% |
| 2019 | -305.95% |
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.