Virtual Interactive Technologies
VRVR
#10070
Rank
$0.82 M
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
$0.10
Share price
-42.86%
Change (1 day)
-72.22%
Change (1 year)

Operating Margin for Virtual Interactive Technologies (VRVR)

Operating Margin as of November 2024 (TTM): -3,507.50%

According to Virtual Interactive Technologies's latest financial reports and stock price the company's current Operating Margin is -3,507.50%. At the end of 2022 the company had an Operating Margin of -1,278.54%.

Operating Margin history for Virtual Interactive Technologies from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1,278.54%1987.74%
2021-61.24%1498.48%
2020-3.83%-98.75%
2019-305.95%

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.