Innovative Eyewear
LUCY
#9295
Rank
A$25.41 M
Marketcap
$16.18
Share price
9.10%
Change (1 day)
-19.47%
Change (1 year)

Operating Margin for Innovative Eyewear (LUCY)

Operating Margin as of September 2024 (TTM): -514.09%

According to Innovative Eyewear's latest financial reports and stock price the company's current Operating Margin is -514.09%. At the end of 2022 the company had an Operating Margin of -845.22%.

Operating Margin history for Innovative Eyewear from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-845.22%82.14%
2021-464.05%-65.34%
2020-1,339.05%-41.01%
2019-2,269.80%

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.