Stingray Group Inc
TSX:RAY.A

Watchlist Manager
Stingray Group Inc Logo
Stingray Group Inc
TSX:RAY.A
Watchlist
Price: 10.4 CAD -2.62% Market Closed
Market Cap: 720.9m CAD

Operating Margin
Stingray Group Inc

25.8%
Current
25%
Average
2.1%
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
25.8%
=
Operating Profit
99.6m
/
Revenue
386.9m

Operating Margin Across Competitors

Stingray Group Inc
Glance View

Market Cap
706.1m CAD
Industry
Media

Stingray Group, Inc. engages in the provision of multi-platform music services. The company is headquartered in Montreal, Quebec and currently employs 1,000 full-time employees. The firm provides curated direct-to-consumer and business-to-business (B2B) services, including audio television channels, radio stations, subscription video-on-demand (SVOD) content, television channels, fast channels, karaoke products, digital signage, in-store music, and music applications. The firm also provides relaxation, mindfulness and sleep music. The firm offers SVOD services on a wide range of Internet-capable devices including smart televisions (TVs), smartphones, tablets, video game consoles and multimedia devices. The firm offers Stingray Karaoke, Stingray Classica, Stingray DJAZZ and Stingray Qello. The firm also offers business to consumers (B2C) mobile applications that includes Stingray Music, Yokee Music, Yokee Piano and Yokee Guitar. The firm has approximately 400 million subscribers in over 160 countries.

RAY.A Intrinsic Value
18.83 CAD
Undervaluation 45%
Intrinsic Value
Price
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
25.8%
=
Operating Profit
99.6m
/
Revenue
386.9m
What is the Operating Margin of Stingray Group Inc?

Based on Stingray Group Inc's most recent financial statements, the company has Operating Margin of 25.8%.

Back to Top