Magic Empire Global (Giraffe Capital)
MEGL
#10218
Rank
โ‚น0.48 B
Marketcap
โ‚น119.34
Share price
-0.72%
Change (1 day)
105.96%
Change (1 year)

Operating Margin for Magic Empire Global (Giraffe Capital) (MEGL)

Operating Margin at the end of 2023: -2.50%

According to Magic Empire Global (Giraffe Capital)'s latest financial reports and stock price the company's current Operating Margin is -2.49%. At the end of 2023 the company had an Operating Margin of -2.50%.

Operating Margin history for Magic Empire Global (Giraffe Capital) from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.50%-91.34%
2022-28.83%-380.98%
202110.26%-54.63%
202022.61%

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.