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Nature's Miracle Holding Inc.

NMHIW•NASDAQ
Industrials
Industrial - Machinery
$0.02
$0.009(63.12%)
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The company's financials show resilient growth, with revenue advancing from $1.33M in Q4 2023 to $3.05M in Q3 2024. Gross profit remained healthy with margins at 7% in Q3 2024 compared to -113% in Q4 2023. Operating income hit -$2.00M last quarter, sustaining a consistent -65% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$1.86M. Net income dropped to -$2.75M, while earnings per share reached -$0.09. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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