Worksport Ltd Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Worksport Ltd quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Worksport Ltd Operating Margin for the quarter ending September 30, 2024 was -235 %, a 88.5% increase year-over-year.
  • Worksport Ltd annual Operating Margin for 2023 was -963 %, a 91.2% increase from 2022.
  • Worksport Ltd annual Operating Margin for 2022 was -11K %, a 340% decline from 2021.
  • Worksport Ltd annual Operating Margin for 2021 was -2.49K %, a 774% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -963 +10K +91.2% Jan 1, 2023 Dec 31, 2023
2022 -11K -8.47K -340% Jan 1, 2022 Dec 31, 2022
2021 -2.49K -2.2K -774% Jan 1, 2021 Dec 31, 2021
2020 -285 -257 -920% Jan 1, 2020 Dec 31, 2020
2019 -27.9 +224 +88.9% Jan 1, 2019 Dec 31, 2019
2018 -252 +184 +42.3% Jan 1, 2018 Dec 31, 2018
2017 -436 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.