DESTINY MEDIA TECHNOLOGIES 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
Destiny Media Technologies Inc quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Destiny Media Technologies Inc Operating Margin for the quarter ending May 31, 2024 was 3.98 %, a 70.1% decline year-over-year.
  • Destiny Media Technologies Inc annual Operating Margin for 2023 was 7.47 %, a 125% increase from 2022.
  • Destiny Media Technologies Inc annual Operating Margin for 2022 was 3.31 %, a 63.5% decline from 2021.
  • Destiny Media Technologies Inc annual Operating Margin for 2021 was 9.07 %, a 139% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.47 +4.15 +125% Sep 1, 2022 Aug 31, 2023
2022 3.31 -5.76 -63.5% Sep 1, 2021 Aug 31, 2022
2021 9.07 +5.28 +139% Sep 1, 2020 Aug 31, 2021
2020 3.79 -11.5 -75.2% Sep 1, 2019 Aug 31, 2020
2019 15.3 -2.75 -15.3% Sep 1, 2018 Aug 31, 2019
2018 18 +10 +126% Sep 1, 2017 Aug 31, 2018
2017 7.97 Sep 1, 2016 Aug 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.