Co-Diagnostics, Inc. 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
Co-Diagnostics, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Co-Diagnostics, Inc. Operating Margin for the quarter ending June 30, 2024 was -424 %, a 43.4% increase year-over-year.
  • Co-Diagnostics, Inc. annual Operating Margin for 2023 was -627 %, a 695% decline from 2022.
  • Co-Diagnostics, Inc. annual Operating Margin for 2022 was -78.9 %, a 268% decline from 2021.
  • Co-Diagnostics, Inc. annual Operating Margin for 2021 was 47.1 %, a 15.9% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -627 -548 -695% Jan 1, 2023 Dec 31, 2023
2022 -78.9 -126 -268% Jan 1, 2022 Dec 31, 2022
2021 47.1 -8.87 -15.9% Jan 1, 2021 Dec 31, 2021
2020 55.9 +2.8K Jan 1, 2020 Dec 31, 2020
2019 -2.74K +12.6K +82.1% Jan 1, 2019 Dec 31, 2019
2018 -15.3K +44.2K +74.3% Jan 1, 2018 Dec 31, 2018
2017 -59.6K Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.