Miami International Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $1.36B | $1.14B | $1.04B |
| Cost of Revenue | $933.5M | $864.4M | $808.5M |
| Gross Profit | $430.5M | $275.6M | $232.5M |
| Gross Margin | 31.6% | 24.2% | 22.3% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $92.0M | $-2.8M | $-2.9M |
| Operating Margin | 6.7% | -0.2% | -0.3% |
| Interest Expense | $12.9M | $13.9M | $18.8M |
| Pretax Income | $-68.6M | $105.1M | $-22.1M |
| Income Tax Expense | $1.5M | $3.1M | $-697.0K |
| Net Income | $-70.0M | $102.1M | $-20.9M |
| Net Margin | -5.1% | 9.0% | -2.0% |
| EPS (Basic) | $-1.00 | $1.68 | $-0.37 |
| EPS (Diluted) | $-1.00 | $1.39 | $-0.37 |
| Shares Outstanding (Basic) | 69.8M | 60.7M | 56.5M |
| Shares Outstanding (Diluted) | 69.8M | 74.6M | 56.5M |
| Dividends Per Share | — | — | — |