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Close The Loop Inc
ASX:CLG

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Close The Loop Inc
ASX:CLG
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Price: 0.023 AUD -8% Market Closed
Market Cap: 12.2m AUD

Operating Margin
Close The Loop Inc

6.2%
Current
11%
Average
5.1%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
6.2%
=
Operating Profit
13m
/
Revenue
209m

Operating Margin Across Competitors

Close The Loop Inc
Glance View

Market Cap
12.2m AUD
Industry
Commercial Services & Supplies

Close the Loop Ltd. provides waste collection services. The company is headquartered in Melbourne, Victoria. The company went IPO on 2021-12-02. The firm offers sustainability solutions to help companies to enhance corporate social responsibility programs. The firm's product Enviroliner is a felt tip pen which can be recycled over and over again just by placing used pen back in the printer cartridge recycling box. The firm also provides TonerPlas, which is an asphalt additive designed to melt into, extend and modify the bituminous binder mastic in asphalt. The firm provides reverse logistics capability and customer service infrastructure to deliver a national batteries collection program. The firm's collection program, Cartridges 4 Planet Ark is a vendor program operated in Australia to specifically collect and divert as many cartridges from Australian landfills as possible.

CLG Intrinsic Value
Not Available
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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
6.2%
=
Operating Profit
13m
/
Revenue
209m
What is the Operating Margin of Close The Loop Inc?

Based on Close The Loop Inc's most recent financial statements, the company has Operating Margin of 6.2%.

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