Millennium Group International Holdings Limited
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. Millennium Group International Holdings Limited's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 42% to $38,530,773. Profit margin reached -23%. Total operating expenses were $15,010,995.

Profit Margin

Millennium Group International Holdings Limited (NASDAQ:MGIH): Profit margin
2021 64.56M 3.66M 5.68%
2022 66.23M 4.07M 6.16%
2024 38.53M -8.77M -22.76%

MGIH Income Statement (2020 – 2023)

2023 2021 2020
Revenue
Revenue
38.53M66.23M64.56M
Cost of revenue
30.44M49.96M47.21M
Gross profit
8.08M16.27M17.35M
Operating exp.
Research and development
261.83K00
Selling and marketing
1.99M5.81M6.27M
Total operating expenses
15.01M10.73M12.25M
Operating income
-6.92M5.53M5.10M
Other income (expenses), net
-1.63M-135.26K-634.34K
Income before tax
-8.56M4.97M4.46M
Income tax expense
206.94K897.15K800.08K
Net income
-8.77M4.07M3.66M
Earnings per share
Basic EPS
-0.780.360.33
Diluted EPS
-0.780.360.33
Data source