Midwest Holding
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. Midwest Holding's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 0% to $30,049,000. The net income raised on $791,000 and profit margin reached 3%. Total operating expenses were $7,661,000.
Profit Margin
| 2013 | 5.10M | -1.95M | -38.21% |
|---|---|---|---|
| 2014 | 4.63M | -3.44M | -74.25% |
| 2015 | 3.78M | -2.51M | -66.52% |
| 2016 | 4.53M | -3.84M | -84.85% |
| 2017 | 4.53M | -2.71M | -59.93% |
| 2018 | 875.81K | -5.08M | -580.63% |
| 2019 | 3.39M | -5.60M | -164.99% |
| 2020 | 10.58M | -12.44M | -117.56% |
| 2021 | 30.06M | -16.63M | -55.34% |
| 2022 | 30.04M | 791K | 2.63% |
MDWT Income Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 30.04M | 30.06M | 10.58M | 3.39M | 875.81K | 4.53M | 4.53M | 3.78M | 4.63M | 5.10M |
Cost of revenue | 16.19M | 32.03M | 16.54T | 8.69M | 5.79M | 0 | 0 | 0 | 0 | 0 |
Gross profit | 13.85M | -1.96M | -16.54T | -5.29M | -4.92M | 4.53M | 4.53M | 3.78M | 4.63M | 5.10M |
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 | 7.66M | -46.16M | -23.46M | -11.82M | -5.89M | -6.50M | -9.70M | -7.20M | -8.54M | -7.32M |
Operating income | 14.74M | -16.10M | -12.87M | -8.42M | -5.01M | -1.97M | -5.17M | -3.42M | -3.90M | -2.21M |
Other income (expenses), net | -6.34M | 4.23M | 16.54T | 3.05M | -19.65K | 665.55K | 107.01K | 781.35K | 0 | 246.32K |
Income before tax | 8.39M | -11.87M | -10.85M | -5.37M | -5.03M | -2.71M | -3.84M | -2.51M | -3.90M | -2.21M |
Income tax expense | 7.6M | 4.76M | 1.58M | 234.18K | 47.93K | 1.31M | 883.55K | 705.21K | 295.24K | 246.32K |
Net income | 791K | -16.63M | -12.44M | -5.60M | -5.08M | -2.71M | -3.84M | -2.51M | -3.44M | -1.95M |
Earnings per share | ||||||||||
Basic EPS | 0.21 | -4.45 | -4.81 | -4.87 | -2.55 | -59.48 | -88.97 | -89.41 | -130.56 | -74.01 |
Diluted EPS | 0.21 | -4.45 | -4.81 | -4.87 | -2.55 | -59.48 | -88.97 | -89.41 | -130.56 | -73.92 |
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