Flora Growth Corp. Annual Operating Margin in % from 2021 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
Flora Growth Corp. quarterly/annual Operating Margin history and growth rate from 2021 to 2023.
  • Flora Growth Corp. Operating Margin for the quarter ending June 30, 2024 was -20.2 %, a 79.9% increase year-over-year.
  • Flora Growth Corp. annual Operating Margin for 2023 was -66.2 %, a 53.2% increase from 2022.
  • Flora Growth Corp. annual Operating Margin for 2022 was -141 %, a 33.2% increase from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -66.2 +75.2 +53.2% Jan 1, 2023 Dec 31, 2023
2022 -141 +70.2 +33.2% Jan 1, 2022 Dec 31, 2022
2021 -212 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.