VerifyMe, Inc. Annual Operating Margin in % from 2011 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
VerifyMe, Inc. quarterly/annual Operating Margin history and growth rate from 2011 to 2023.
  • VerifyMe, Inc. Operating Margin for the quarter ending September 30, 2024 was -15.8 %, a 25.8% decline year-over-year.
  • VerifyMe, Inc. annual Operating Margin for 2023 was -13.2 %, a 31.3% increase from 2022.
  • VerifyMe, Inc. annual Operating Margin for 2022 was -19.1 %, a 96.6% increase from 2021.
  • VerifyMe, Inc. annual Operating Margin for 2021 was -557 %, a 46.4% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -13.2 +5.99 +31.3% Jan 1, 2023 Dec 31, 2023
2022 -19.1 +538 +96.6% Jan 1, 2022 Dec 31, 2022
2021 -557 +483 +46.4% Jan 1, 2021 Dec 31, 2021
2020 -1.04K -47.6 -4.79% Jan 1, 2020 Dec 31, 2020
2019 -993 +2.47K +71.4% Jan 1, 2019 Dec 31, 2019
2018 -3.47K Jan 1, 2018 Dec 31, 2018
2011 -5.94K Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.