Laser Photonics 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
Laser Photonics Corp annual/quarterly Operating Margin history and growth rate from 2021 to 2023.
  • Laser Photonics Corp Operating Margin for the quarter ending March 31, 2023 was -85.5 %.
  • Laser Photonics Corp annual Operating Margin for 2023 was -85 %, a 59.9% decline from 2022.
  • Laser Photonics Corp annual Operating Margin for 2022 was -53.1 %, a 464% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -85 -31.9 -59.9% Jan 1, 2023 Dec 31, 2023
2022 -53.1 -67.7 -464% Jan 1, 2022 Dec 31, 2022
2021 14.6 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.