African Pioneer annual operating margin
2021
2023
African Pioneer Operating Margin Growth & History (AFP)
African Pioneer's operating margin was −1,980.55% for fiscal 2023.
View full African Pioneer company overviewAfrican Pioneer annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −1,980.55% | — |
| 2021 | 2021-12-31 | 59.54% | — |
African Pioneer operating margin trends
Between the periods ended 2021-12-31 and 2023-12-31, African Pioneer's operating margin decreased from 59.54% to −1,980.55%, a change of −2040.09 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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