Mereo BioPharma Group
MREO
#7258
Rank
NZ$0.67 B
Marketcap
$4.35
Share price
-0.80%
Change (1 day)
-24.39%
Change (1 year)

Operating Margin for Mereo BioPharma Group (MREO)

Operating Margin at the end of 2023: -271.17%

According to Mereo BioPharma Group's latest financial reports and stock price the company's current Operating Margin is -271.17%. At the end of 2023 the company had an Operating Margin of -271.17%.

Operating Margin history for Mereo BioPharma Group from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-271.17%
202150.03%

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.