Freight Technologies, Inc.
FRGT
#11221
Rank
A$2.38 M
Marketcap
A$1.42
Share price
9.03%
Change (1 day)
8.66%
Change (1 year)

Operating Margin for Freight Technologies, Inc. (FRGT)

Operating Margin at the end of 2021: -38.00%

According to Freight Technologies, Inc.'s latest financial reports and stock price the company's current Operating Margin is -54.25%. At the end of 2021 the company had an Operating Margin of -38.00%.

Operating Margin history for Freight Technologies, Inc. from 2018 to 2021

Operating Margin at the end of each year

Year Operating Margin Change
2021-38.00%-39.98%
2020-63.32%-24.28%
2019-83.62%12.7%
2018-74.19%

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.