Hire Technologies (TSXV:HIRE.H) Operating Margin %: -6.75% (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hire Technologies Operating Margin %?

Hire Technologies TSXV:HIRE.H Operating Margin % is -6.75% as of Sep. 2022.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hire Technologies's Operating Income for the three months ended in Sep. 2022 was C$-0.52 Mil. Hire Technologies's Revenue for the three months ended in Sep. 2022 was C$7.70 Mil. Therefore, Hire Technologies's Operating Margin % for the quarter that ended in Sep. 2022 was -6.75%.

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


TSXV:HIRE.H's Operating Margin % is not ranked *
in the Business Services industry.
Industry Median: 6.33
* Ranked among companies with meaningful Operating Margin % only.

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

Hire Technologies's Operating Income for the three months ended in Sep. 2022 was C$-0.52 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2022 was C$-3.92 Mil.


Hire Technologies  (TSXV:HIRE.H) 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.


Hire Technologies Operating Margin % Related Terms


Hire Technologies Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hire Technologies'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.

Hire Technologies Operating Margin % Chart

Hire Technologies Annual Data
Trend Mar18 Mar19 Dec20 Dec21
Operating Margin %
0.00 0.00 -27.47 -14.03

Hire Technologies Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.04 -22.50 0.61 -17.43 -6.75

TSXV:HIRE.H vs ADP, PAYX, RHI: Operating Margin % Comparison

For the Staffing & Employment Services subindustry, Hire Technologies'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.


Hire Technologies Operating Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Hire Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hire Technologies's Operating Margin % falls into.



Hire Technologies 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.

Hire Technologies's Operating Margin % for the fiscal year that ended in Dec. 2021 is calculated as

Operating Margin %=Operating Income (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=-3.888 / 27.704
=-14.03 %

Hire Technologies's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=-0.52 / 7.703
=-6.75 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -6.75% mean?
Hire Technologies (TSXV:HIRE.H) has a Operating Margin % of -6.75% as of Sep. 2022. Operating margin is the ratio of total operating income to net sales. View historical data on Hire Technologies and its competitors.
Is Hire Technologies' Operating Margin % too high?
Hire Technologies' current Operating Margin % is -6.75%.
How does Hire Technologies' Operating Margin % compare to ADP and PAYX?
Hire Technologies' Operating Margin % of -6.75% can be compared against companies in the Business Services industry. The industry median Operating Margin % is 6.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Business Services company?
The median Operating Margin % among Business Services companies is 6.33, based on 1,068 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Hire Technologies and its competitors. For the Business Services industry, the median Operating Margin % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hire Technologies's current Operating Margin % is -6.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hire Technologies stock overvalued right now?
Hire Technologies (TSXV:HIRE.H) has a current Operating Margin % of -6.75%. The current Operating Margin % is -6.75%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Hire Technologies (TSXV:HIRE.H), the current Operating Margin % is -6.75% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hire Technologies Business Description

Address 55 Adelaide Street East, Suite 400, Toronto, ON, CAN, M5C 1K6
Hire Technologies Inc is focused on the acquisition of information technology, staffing, and HR consulting firms. The company provides cross-selling opportunities, access to proprietary operational tools, and a scalable, centralized back-office system to support growth. The company considers its operations to consist of a single reportable segment. The segment derives its revenue from the provision of recruitment and related HR services to customers. All operations occur in Canada.