MFS Investment Grade Municipal Trust
MFS Investment Grade Municipal Trust (CXH) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for MFS Investment Grade Municipal Trust (CXH), covering cash flow, earnings, and balance sheets.
MFS Investment Grade Municipal Trust (CXH) Income Statement & Financial Overview
View the income breakdown for MFS Investment Grade Municipal Trust CXH across both annual and quarterly reports.
| Metric | Q2 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| Revenue | $2.62M | $1.47M | $1.38M | $259569.00 |
| Cost of Revenue | $629518.00 | $344586.00 | $0.00 | $400163.00 |
| Gross Profit | $1.99M | $1.13M | $1.38M | -$140594.00 |
| Gross Profit Ratio | $0.76 | $0.77 | $1.00 | -$0.54 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $412252.00 | $301799.00 | $301799.00 | $246909.00 |
| Operating Expenses | $412252.00 | $906663.00 | $906663.00 | $10224.00 |
| Total Costs & Expenses | $412252.00 | $534196.00 | $906663.00 | -$2.51M |
| Interest Income | $0.00 | $0.00 | $556125.00 | $510100.00 |
| Interest Expense | $0.00 | $1.11M | $0.00 | $1.02M |
| Depreciation & Amortization | -$2.21M | -$1.07M | -$1.07M | -$1.13M |
| EBITDA | $0.00 | -$136485.00 | $0.00 | $2.77M |
| EBITDA Ratio | $0.00 | $0.64 | -$0.84 | $10.67 |
| Operating Income | $2.21M | $936760.00 | $1.07M | $2.77M |
| Operating Income Ratio | $0.84 | $0.64 | $0.78 | $10.67 |
| Other Income/Expenses (Net) | -$451176.00 | -$1.11M | -$1.16M | -$1.02M |
| Income Before Tax | $1.76M | -$175489.00 | -$87745.00 | $1.75M |
| Income Before Tax Ratio | $0.67 | -$0.12 | -$0.06 | $6.74 |
| Income Tax Expense | $0.00 | $0.00 | -$1.16M | $0.00 |
| Net Income | $1.76M | -$175489.00 | -$87745.00 | $1.75M |
| Net Income Ratio | $0.67 | -$0.12 | -$0.06 | $6.74 |
| EPS | $0.21 | -$0.02 | -$0.01 | $0.19 |
| Diluted EPS | $0.21 | -$0.02 | -$0.01 | $0.19 |
| Weighted Avg Shares Outstanding | $8.20M | $8.20M | $8.20M | $9.11M |
| Weighted Avg Shares Outstanding (Diluted) | $8.20M | $8.20M | $8.20M | $9.11M |
Financial performance has remained strong, with revenue growing from $259569.00 in Q2 2023 to $2.62M in Q2 2024. Gross profit continued to perform well, with margins at 76% in the latest quarter. Operating income reached $2.21M in Q2 2024, holding a steady 84% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $0.00. Net income rose to $1.76M, keeping EPS at $0.21. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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