Phoenix Motor
PEV
#9639
Rank
C$21.46 M
Marketcap
$0.57
Share price
-2.64%
Change (1 day)
-58.68%
Change (1 year)

Operating Margin for Phoenix Motor (PEV)

Operating Margin as of November 2024 (TTM): -217.35%

According to Phoenix Motor's latest financial reports and stock price the company's current Operating Margin is -217.35%. At the end of 2022 the company had an Operating Margin of -293.21%.

Operating Margin history for Phoenix Motor from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-293.21%-40.23%
2021-490.53%

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.