MingZhu Logistics Holdings Limited
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $40.4M | $89.0M | $63.5M | $17.4M | $18.8M | $29.4M | $27.6M |
| Cost of Revenue | — | $13.0M | $104.8M | $15.4M | $16.0M | — | — |
| Gross Profit | — | $76.0M | $-41.3M | $1.9M | $2.8M | — | — |
| Gross Margin | — | 85.4% | -64.9% | 11.1% | 14.8% | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $4.4M | $1.9M | $2.7M | $2.1M | $1.3M | $1.3M | $1.1M |
| Operating Income | $-4.0M | $848.9K | $-100.1K | $-487.8K | $1.4M | $2.7M | $4.0M |
| Operating Margin | -10.0% | 1.0% | -0.2% | -2.8% | 7.5% | 9.1% | 14.6% |
| Interest Expense | — | $450.3K | $789.3K | $396.2K | $374.0K | $370.7K | $355.3K |
| Pretax Income | $-6.2M | $633.7K | $167.8K | $803.0K | $1.1M | $2.5M | $3.9M |
| Income Tax Expense | $34.4K | $268.6K | $226.2K | $135.4K | $366.4K | $821.3K | $1.0M |
| Net Income | $-6.2M | $-9.6M | $1.9M | $-938.4K | $782.3K | $1.6M | $2.9M |
| Net Margin | -15.3% | -10.8% | 3.0% | -5.4% | 4.2% | 5.6% | 10.3% |
| EPS (Basic) | $-1.31 | $-2.98 | $0.71 | $0.05 | $0.08 | $0.18 | $0.32 |
| EPS (Diluted) | $-1.31 | $-2.98 | $0.73 | $-0.06 | $0.08 | $0.18 | $0.00 |
| Shares Outstanding (Basic) | 4.7M | 3.2M | 2.7M | 19.0M | 9.6M | 9.0M | — |
| Shares Outstanding (Diluted) | 4.7M | 3.2M | 2.6M | 15.2M | 9.6M | 9.0M | 9.0M |
| Dividends Per Share | — | — | — | — | — | — | — |