Morgans Hotel Group
Income Statement

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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. Morgans Hotel Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $219,982,000. The net income raised on $22,050,000 and profit margin reached 10%. Total operating expenses were $61,248,000.

Profit Margin

Morgans Hotel Group Co. (NASDAQ:MHGC): Profit margin
2013 236.48M -44.15M -18.67%
2014 234.96M -50.04M -21.3%
2015 219.98M 22.05M 10.02%

MHGC Income Statement (2013 – 2015)

2015 2014 2013
Revenue
Revenue
219.98M234.96M236.48M
Cost of revenue
55.37M60.44M62.41M
Gross profit
164.60M174.51M174.06M
Operating exp.
Research and development
000
Selling and marketing
000
Total operating expenses
61.24M74.88M87.42M
Operating income
-28.09M-33.10M-42.40M
Other income (expenses), net
-47K-15.45M-1.03M
Income before tax
-28.14M-48.56M-43.43M
Income tax expense
-50.19M1.48M716K
Net income
22.05M-50.04M-44.15M
Earnings per share
Basic EPS
0.64-1.47-1.34
Diluted EPS
0.64-1.47-1.34
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