Cannovum Cannabis annual operating margin
2019
2020
Cannovum Cannabis Operating Margin Growth & History (27N0)
Cannovum Cannabis's operating margin was −300.00% for fiscal 2020.
View full Cannovum Cannabis company overviewCannovum Cannabis annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2020 | 2020-12-31 | −300.00% | −244.44 pp |
| 2019 | 2019-12-31 | −55.56% | — |
Cannovum Cannabis operating margin trends
Between the periods ended 2019-12-31 and 2020-12-31, Cannovum Cannabis's operating margin decreased from −55.56% to −300.00%, a change of −244.44 percentage points.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as reported operating income divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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