Midwich Group
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. Midwich Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $1,289,144,000. The net income raised on $26,817,000 and profit margin reached 2%. Total operating expenses were $174,886,000.
Profit Margin
| 2014 | 280.75M | 4.80M | 1.71% |
|---|---|---|---|
| 2015 | 314.28M | 5.00M | 1.59% |
| 2016 | 370.14M | 8.21M | 2.22% |
| 2017 | 471.93M | 13.55M | 2.87% |
| 2018 | 573.68M | 14.72M | 2.57% |
| 2019 | 686.24M | 17.18M | 2.5% |
| 2020 | 711.75M | -3.75M | -0.53% |
| 2021 | 855.97M | 12.42M | 1.45% |
| 2022 | 1.20B | 15.29M | 1.27% |
| 2023 | 1.28B | 26.81M | 2.08% |
MIDW.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.28B | 1.20B | 855.97M | 711.75M | 686.24M | 573.68M | 471.93M | 370.14M | 314.28M | 280.75M |
Cost of revenue | 1.07B | 1.03B | 732.21M | 616.39M | 578.15M | 479.12M | 398.81M | 313.68M | 267.32M | 240.6M |
Gross profit | 216.46M | 173.90M | 123.75M | 95.36M | 108.08M | 94.56M | 73.12M | 56.46M | 46.96M | 40.15M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 130.87M | 109.04M | 80.58M | 68.48M | 68.62M | 56.32M | 45.67M | 35.52M | 30.03M | 27.04M |
Total operating expenses | 174.88M | 142.51M | 108.49M | 90.05M | 86.96M | 71.84M | 53.16M | 42.43M | 35.89M | 30.19M |
Operating income | 41.58M | 31.39M | 15.26M | 5.31M | 21.12M | 25.30M | 21.14M | 14.74M | 12.69M | 9.96M |
Other income (expenses), net | -5.03M | -6.48M | 3.63M | -6.30M | 2.65M | -4.27M | -1.91M | -2.64M | -4.08M | -2.62M |
Income before tax | 36.54M | 24.91M | 18.89M | -995K | 23.78M | 21.03M | 18.89M | 12.10M | 8.55M | 7.34M |
Income tax expense | 7.62M | 8.06M | 5.42M | 2.39M | 5.58M | 5.77M | 4.91M | 3.54M | 2.74M | 1.99M |
Net income | 26.81M | 15.29M | 12.42M | -3.75M | 17.18M | 14.72M | 13.55M | 8.21M | 5.00M | 4.80M |
Earnings per share | ||||||||||
Basic EPS | 0.28 | 0.17 | 0.14 | -0.04 | 0.22 | 0.19 | 0.17 | 0.11 | 7.14 | 0.06 |
Diluted EPS | 0.27 | 0.17 | 0.14 | -0.04 | 0.21 | 0.18 | 0.17 | 0.11 | 7.14 | 0.06 |
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