29Metals
29M.AX
#7571
Rank
ยฃ0.29 B
Marketcap
ยฃ0.21
Share price
7.50%
Change (1 day)
59.97%
Change (1 year)

Operating Margin for 29Metals (29M.AX)

Operating Margin at the end of 2024: -31.84%

According to 29Metals's latest financial reports and stock price the company's current Operating Margin is -31.84%. At the end of 2024 the company had an Operating Margin of -31.84%.

Operating Margin history for 29Metals from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-31.84%-62.2%
2023-84.25%814%
2022-9.22%-407.93%
20212.99%

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.