Midland Exploration
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Midland Exploration's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 38% to $194,949. Profit margin reached -1002%. Total operating expenses were $165,057.
Profit Margin
| 2015 | 301.45K | -629.09K | -208.69% |
|---|---|---|---|
| 2016 | 107.42K | -807.15K | -751.38% |
| 2017 | 96.19K | -1.21M | -1262.1% |
| 2018 | 109.54K | -807.53K | -737.15% |
| 2019 | 33.68K | -1.14M | -3392.66% |
| 2020 | 23.75K | -1.34M | -5666.32% |
| 2021 | 202.21K | -1.02M | -506.29% |
| 2022 | 210.41K | -1.90M | -903.03% |
| 2023 | 314.97K | -1.10M | -352.16% |
| 2024 | 194.94K | -1.95M | -1001.88% |
MD.V Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 194.94K | 314.97K | 210.41K | 202.21K | 23.75K | 33.68K | 109.54K | 96.19K | 107.42K | 301.45K |
Cost of revenue | 29.89K | 29.89K | 29.89K | 29.89K | 29.89K | 0 | 0 | 0 | 0 | 0 |
Gross profit | 165.05K | 285.07K | 180.52K | 172.32K | -6.13K | 33.68K | 109.54K | 96.19K | 107.42K | 301.45K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 165.05K | 285.07K | 1.76M | 1.69M | 1.91M | 1.71M | 1.51M | 1.63M | 1.24M | 1.06M |
Operating income | 0 | -1.54M | -1.50M | -1.32M | -1.66M | -453.04K | -1.11M | -1.30M | -1.06M | -537.98K |
Other income (expenses), net | -2.97M | -701.57K | -1.24M | -193.95K | -114.77K | -1.23M | -296.61K | -59.70K | -82.17K | -104.58K |
Income before tax | -2.97M | -2.24M | -2.75M | -1.62M | -1.78M | -2.58M | -1.50M | -1.59M | -999.29K | -868.39K |
Income tax expense | -1.02M | -1.14M | -856.35K | -603.17K | -435.90K | -1.44M | -694.07K | -382.09K | -192.13K | -239.29K |
Net income | -1.95M | -1.10M | -1.90M | -1.02M | -1.34M | -1.14M | -807.53K | -1.21M | -807.15K | -629.09K |
Earnings per share | ||||||||||
Basic EPS | -0.02 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 |
Diluted EPS | -0.02 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 |