Golden Matrix Group
GMGI
#7255
Rank
$0.34 B
Marketcap
$2.70
Share price
-2.53%
Change (1 day)
1.12%
Change (1 year)

Operating Margin for Golden Matrix Group (GMGI)

Operating Margin as of November 2024 (TTM): 1.54%

According to Golden Matrix Group's latest financial reports and stock price the company's current Operating Margin is 1.54%. At the end of 2023 the company had an Operating Margin of -1.11%.

Operating Margin history for Golden Matrix Group from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1.11%-186.22%
20221.29%-83.14%
20217.62%
201961.41%-142.66%
2018-143.96%-109.59%
20171,500.90%-103%
2016-50,031.18%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.33% 765.58%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.