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Midwest Holding Inc.

MDWT•NASDAQ
Financial Services
Insurance - Life
$26.98
$-0.00(-0.02%)
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Financial performance has remained strong, with revenue growing from $8.59M in Q4 2022 to $16.42M in Q3 2023. Gross profit continued to perform well, with margins at 71% in the latest quarter. Operating income reached $10.78M in Q3 2023, holding a steady 66% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $0.00. Net income rose to $12.05M, keeping EPS at $3.12. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.

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