Turnstone Biologics
TSBX
#9773
Rank
HK$88.28 M
Marketcap
HK$3.82
Share price
-7.12%
Change (1 day)
-84.62%
Change (1 year)

Operating Margin for Turnstone Biologics (TSBX)

Operating Margin as of November 2024 (TTM): -23.61%

According to Turnstone Biologics's latest financial reports and stock price the company's current Operating Margin is -23.61%. At the end of 2022 the company had an Operating Margin of -41.87%.

Operating Margin history for Turnstone Biologics from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-41.87%-225.86%
202133.27%

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.