Virax Operating Margin from 2010 to 2024

VRAX Stock  USD 2.07  0.05  2.48%   
Virax Biolabs Operating Profit Margin yearly trend continues to be fairly stable with very little volatility. Operating Profit Margin will likely drop to -43.61 in 2024.
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Virax Biolabs Group over the last few years. It is Virax Biolabs' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virax Biolabs' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (42.54) %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Virax Operating Margin Regression Statistics

Arithmetic Mean(99.66)
Coefficient Of Variation(232.56)
Mean Deviation152.00
Median(6.52)
Standard Deviation231.75
Sample Variance53,710
Range664
R-Value(0.44)
Mean Square Error46,470
R-Squared0.20
Significance0.1
Slope(22.98)
Total Sum of Squares751,939

Virax Operating Margin History

2024 -43.61
2023 -41.53
2021 -669.64
2020 -5.21

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Operating Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Virax Biolabs Group Limited, a biotechnology company, sells, distributes, and markets diagnostics test kits, and med-tech and PPE products for the prevention, detection, diagnosis, and risk management of viral diseases in the field of immunology. Virax Biolabs Group Limited was incorporated in 2021 and is headquartered in London, the United Kingdom. Virax Biolabs is traded on NASDAQ Exchange in the United States.

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Additional Tools for Virax Stock Analysis

When running Virax Biolabs' price analysis, check to measure Virax Biolabs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virax Biolabs is operating at the current time. Most of Virax Biolabs' value examination focuses on studying past and present price action to predict the probability of Virax Biolabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virax Biolabs' price. Additionally, you may evaluate how the addition of Virax Biolabs to your portfolios can decrease your overall portfolio volatility.