MicroCloud Hologram Inc.
MicroCloud Hologram Inc. (HOLO) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for MicroCloud Hologram Inc. (HOLO), featuring income statements, balance sheets, and cash flow data.
MicroCloud Hologram Inc. (HOLO) Income Statement & Financial Overview
View the income breakdown for MicroCloud Hologram Inc. HOLO across both annual and quarterly reports.
| Metric | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| Revenue | $64.33M | $64.33M | $52.82M | $52.82M |
| Cost of Revenue | $52.62M | $52.62M | $40.67M | $40.67M |
| Gross Profit | $11.72M | $11.72M | $12.15M | $12.15M |
| Gross Profit Ratio | $0.18 | $0.18 | $0.23 | $0.23 |
| R&D Expenses | $70.49M | $70.49M | $14.59M | $14.59M |
| SG&A Expenses | $8.31M | $8.31M | $20.24M | $20.24M |
| Operating Expenses | $78.77M | $78.77M | $34.65M | $34.65M |
| Total Costs & Expenses | $131.38M | $131.38M | $75.32M | $75.32M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $217310.00 | $217310.00 | $1.32M | $1.32M |
| EBITDA | -$66.86M | -$66.86M | -$21.37M | -$21.37M |
| EBITDA Ratio | -$1.04 | -$1.04 | -$0.40 | -$0.40 |
| Operating Income | -$67.05M | -$67.05M | -$22.50M | -$22.50M |
| Operating Income Ratio | -$1.04 | -$1.04 | -$0.43 | -$0.43 |
| Other Income/Expenses (Net) | $7.45M | $7.45M | -$5.35M | -$5.35M |
| Income Before Tax | -$59.60M | -$59.60M | -$27.86M | -$27.86M |
| Income Before Tax Ratio | -$0.93 | -$0.93 | -$0.53 | -$0.53 |
| Income Tax Expense | $1.27M | $1.27M | $1.57M | $1.57M |
| Net Income | -$60.36M | -$60.36M | -$26.36M | -$26.36M |
| Net Income Ratio | -$0.94 | -$0.94 | -$0.50 | -$0.50 |
| EPS | -$41.43 | -$41.43 | -$88.72 | -$88.72 |
| Diluted EPS | -$41.43 | -$41.43 | -$88.72 | -$88.72 |
| Weighted Avg Shares Outstanding | $1.46M | $1.46M | $297060.00 | $297060.00 |
| Weighted Avg Shares Outstanding (Diluted) | $1.46M | $1.46M | $297060.00 | $297060.00 |
The company's financials show resilient growth, with revenue advancing from $52.82M in Q3 2023 to $64.33M in Q2 2024. Gross profit remained healthy with margins at 18% in Q2 2024 compared to 23% in Q3 2023. Operating income hit -$67.05M last quarter, sustaining a consistent -104% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$66.86M. Net income rose to -$60.36M, while earnings per share reached -$41.43. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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