Name: Operating Profit Margin

Definition: Operating profit margin focuses on profits from the company’s core business — before interest payments and taxes. It reflects how well the business manages operating costs relative to sales. Strong operating margins show efficient day-to-day operations. Shrinking margins may reveal rising overhead, pricing weakness, or declining efficiency.

Interpretation:
• In '2021', BNGO's operating profit margin was -428.8%, highlighting profit earned from core business operations. Industry average for Biotechnology: Laboratory Analytical Instruments in '2021' stood at -58.0%.
• In '2022', BNGO's operating profit margin was -473.7%, highlighting profit earned from core business operations. The decline from '2021' may indicate some operational or financial challenges. Industry average for Biotechnology: Laboratory Analytical Instruments in '2022' stood at -160.4%. Industry average declined by 102.4% from previous year.
• In '2023', BNGO's operating profit margin was -379.9%, highlighting profit earned from core business operations. The increase since '2022' reflects strengthening financial performance. Industry average for Biotechnology: Laboratory Analytical Instruments in '2023' stood at -87.7%. Industry average increased by 72.7% compared to previous year.
• In '2024', BNGO's operating profit margin was -247.8%, highlighting profit earned from core business operations. The increase since '2023' reflects strengthening financial performance. Industry average for Biotechnology: Laboratory Analytical Instruments in '2024' stood at -123.2%. Industry average declined by 35.5% from previous year.
Overall, BNGO's operating profit margin has been volatile but showed an upward trend over the past 4 years.

Formula: Operating Profit Margin = Operating Income / Revenue

Good Range: Often 10%-30% depending on business model.