Mainz Biomed
MYNZ
#9798
Rank
A$10.43 M
Marketcap
$0.48
Share price
10.80%
Change (1 day)
-86.97%
Change (1 year)

Operating Margin for Mainz Biomed (MYNZ)

Operating Margin as of October 2024 (TTM): -2,936.49%

According to Mainz Biomed's latest financial reports and stock price the company's current Operating Margin is -2,936.49%. At the end of 2022 the company had an Operating Margin of -4,979.90%.

Operating Margin history for Mainz Biomed from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-4,979.90%145.95%
2021-2,024.79%1602.8%
2020-118.91%-65.04%
2019-340.11%

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.