Ring Energy, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2018 | 76.8% | 16.6% | 7.5% |
| FY2019 | 98.5% | 30.7% | 15.1% |
| FY2020 | 96.4% | -237.7% | -224.2% |
| FY2021 | 97.8% | 48.8% | 1.7% |
| FY2022 | 99.5% | 55.2% | 39.9% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2018 | 76.8% | 16.6% | 7.5% |
| FY2019 | 98.5% | 30.7% | 15.1% |
| FY2020 | 96.4% | -237.7% | -224.2% |
| FY2021 | 97.8% | 48.8% | 1.7% |
| FY2022 | 99.5% | 55.2% | 39.9% |