Virax Biolabs
VRAX
#10217
Rank
$5.6 M
Marketcap
$1.29
Share price
0.78%
Change (1 day)
72.00%
Change (1 year)

Operating Margin for Virax Biolabs (VRAX)

Operating Margin at the end of 2024: -4,291.19%

According to Virax Biolabs's latest financial reports and stock price the company's current Operating Margin is -4,291.19%. At the end of 2024 the company had an Operating Margin of -4,291.19%.

Operating Margin history for Virax Biolabs from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-4,291.19%-93.25%
2023-63,570.79%
2021-520.33%-19.9%
2020-649.58%

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.