Mawson Infrastructure Group, Inc.
Mawson Infrastructure Group, Inc. (MIGI) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Mawson Infrastructure Group, Inc. (MIGI), covering cash flow, earnings, and balance sheets.
Mawson Infrastructure Group, Inc. (MIGI) Income Statement & Financial Overview
Analyze Mawson Infrastructure Group, Inc.’s MIGI earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $15.07M | $12.32M | $13.11M | $18.77M |
| Cost of Revenue | $10.41M | $8.00M | $8.79M | $19.79M |
| Gross Profit | $4.66M | $4.32M | $4.32M | -$1.01M |
| Gross Profit Ratio | $0.31 | $0.35 | $0.33 | -$0.05 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $8.003M | $11.32M | $4.70M | $8.37M |
| Operating Expenses | $9.96M | $15.72M | $11.07M | $8.37M |
| Total Costs & Expenses | $20.37M | $23.71M | $19.87M | $28.15M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $808490.00 | $801625.00 | $752945.00 | $734580.00 |
| Depreciation & Amortization | $1.67M | $5.15M | $4.60M | $8.35M |
| EBITDA | -$2.11M | -$6.92M | -$2.24M | -$10.94M |
| EBITDA Ratio | -$0.14 | -$0.56 | -$0.17 | -$0.58 |
| Operating Income | -$5.31M | -$11.40M | -$6.76M | -$9.38M |
| Operating Income Ratio | -$0.35 | -$0.93 | -$0.52 | -$0.50 |
| Other Income/Expenses (Net) | $720278.00 | -$1.48M | -$1.11M | -$10.65M |
| Income Before Tax | -$4.59M | -$12.88M | -$7.87M | -$20.03M |
| Income Before Tax Ratio | -$0.30 | -$1.05 | -$0.60 | -$1.07 |
| Income Tax Expense | -$67905.00 | -$648857.00 | $1.75M | -$59387.00 |
| Net Income | -$4.73M | -$12.23M | -$9.62M | -$19.76M |
| Net Income Ratio | -$0.31 | -$0.99 | -$0.73 | -$1.05 |
| EPS | -$0.26 | -$0.66 | -$0.55 | -$1.19 |
| Diluted EPS | -$0.26 | -$0.66 | -$0.55 | -$1.19 |
| Weighted Avg Shares Outstanding | $18.79M | $18.52M | $17.41M | $16.64M |
| Weighted Avg Shares Outstanding (Diluted) | $18.79M | $18.52M | $17.41M | $16.64M |
Financial performance has remained strong, with revenue growing from $18.77M in Q1 2024 to $15.07M in Q4 2024. Gross profit continued to perform well, with margins at 31% in the latest quarter. Operating income reached -$5.31M in Q4 2024, holding a steady -35% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$2.11M. Net income rose to -$4.73M, keeping EPS at -$0.26. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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