SKYX Platforms
SKYX
#8639
Rank
$0.11 B
Marketcap
$1.09
Share price
-8.40%
Change (1 day)
-36.26%
Change (1 year)

Operating Margin for SKYX Platforms (SKYX)

Operating Margin as of November 2024 (TTM): -42.44%

According to SKYX Platforms's latest financial reports and stock price the company's current Operating Margin is -42.44%. At the end of 2022 the company had an Operating Margin of -84,429.27%.

Operating Margin history for SKYX Platforms from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-84,429.27%535.15%
2021-13,292.85%271.62%
2020-3,577.00%
2017-346.95%-75.28%
2016-1,403.40%50.57%
2015-932.07%

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.