WeTrade Group
WETG
#8085
Rank
$13.25 M
Marketcap
$5.05
Share price
5.21%
Change (1 day)
8,316.67%
Change (1 year)

Operating Margin for WeTrade Group (WETG)

Operating Margin as of May 2024 (TTM): -57.02%

According to WeTrade Group's latest financial reports and stock price the company's current Operating Margin is -57.02%. At the end of 2021 the company had an Operating Margin of 43.79%.

Operating Margin history for WeTrade Group from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202143.79%-28.43%
202061.19%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-32.52%-42.97%๐Ÿ‡บ๐Ÿ‡ธ USA

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.