Prenetics
PRE
$5.80
Share price
-0.62%
Change (1 day)
530.86%
Change (1 year)
Operating Margin for Prenetics (PRE)
Operating Margin as of May 2024 (TTM): -63.53%
According to Prenetics's latest financial reports and stock price the company's current Operating Margin is -63.53%. At the end of 2021 the company had an Operating Margin of -61.73%.
Operating Margin history for Prenetics from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -61.73% | 931.29% |
| 2020 | -5.99% | -97.35% |
| 2019 | -226.06% |
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.