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Ryde Group (Ryde Group) Operating Margin % : -135.67% (As of Dec. 2023)


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What is Ryde Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Ryde Group's Operating Income for the six months ended in Dec. 2023 was $-8.83 Mil. Ryde Group's Revenue for the six months ended in Dec. 2023 was $6.51 Mil. Therefore, Ryde Group's Operating Margin % for the quarter that ended in Dec. 2023 was -135.67%.

The historical rank and industry rank for Ryde Group's Operating Margin % or its related term are showing as below:

RYDE' s Operating Margin % Range Over the Past 10 Years
Min: -135.68   Med: -53.97   Max: -18.11
Current: -135.68


RYDE's Operating Margin % is ranked worse than
91.78% of 2762 companies
in the Software industry
Industry Median: 3.65 vs RYDE: -135.68

Ryde Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Ryde Group's Operating Income for the six months ended in Dec. 2023 was $-8.83 Mil.


Ryde Group Operating Margin % Historical Data

The historical data trend for Ryde Group's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ryde Group Operating Margin % Chart

Ryde Group Annual Data
Trend Dec21 Dec22 Dec23
Operating Margin %
-18.11 -53.97 -135.67

Ryde Group Semi-Annual Data
Dec21 Dec22 Dec23
Operating Margin % -18.11 -53.97 -135.67

Competitive Comparison of Ryde Group's Operating Margin %

For the Software - Application subindustry, Ryde Group's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ryde Group's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Ryde Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ryde Group's Operating Margin % falls into.



Ryde Group Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ryde Group's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-8.827 / 6.506
=-135.67 %

Ryde Group's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-8.827 / 6.506
=-135.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ryde Group  (AMEX:RYDE) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ryde Group Operating Margin % Related Terms

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Ryde Group (Ryde Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 08-21, Duo Tower, 3 Fraser Street, Singapore, SGP, 189352
Ryde Group Ltd is a company providing an super mobility app offering ultimate convenience and reliability for their customers through multiple mobility tools that can be accessed and function seamlessly out of a single app. The company operate in following segments such as being mobility where they provide on-demand and scheduled carpooling and ride-hailing services, matching riders to our driver partners; and quick commerce where they provide on-demand, scheduled, and multi-stop parcel delivery services.

Ryde Group (Ryde Group) Headlines