Virax Biolabs
VRAX
#11261
Rank
โ‚ฌ0.82 M
Marketcap
0,62ย โ‚ฌ
Share price
-13.01%
Change (1 day)
54.54%
Change (1 year)

Operating Margin for Virax Biolabs (VRAX)

Operating Margin at the end of 2021: -520.33%

According to Virax Biolabs's latest financial reports and stock price the company's current Operating Margin is -47,256.30%. At the end of 2021 the company had an Operating Margin of -520.33%.

Operating Margin history for Virax Biolabs from 2020 to 2021

Operating Margin at the end of each year

Year Operating Margin Change
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.