MingZhu Logistics Holdings Limited
MingZhu Logistics Holdings Limited (YGMZ) Financial Performance & Income Statement Overview
Analyze MingZhu Logistics Holdings Limited (YGMZ) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
MingZhu Logistics Holdings Limited (YGMZ) Income Statement & Financial Overview
Explore comprehensive income reports for MingZhu Logistics Holdings Limited YGMZ, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $8.77M | $8.77M | $11.45M | $11.45M |
| Cost of Revenue | $8.54M | $8.54M | $11.28M | $11.28M |
| Gross Profit | $230741.00 | $230741.00 | $165657.00 | $165657.00 |
| Gross Profit Ratio | $0.03 | $0.03 | $0.01 | $0.01 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $3.30M | $3.30M | $5.72M | $5.72M |
| Operating Expenses | -$3.30M | -$3.30M | $5.72M | $5.72M |
| Total Costs & Expenses | $5.23M | $5.23M | $17.00M | $17.00M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $351372.00 | $351372.00 | $51087.00 | $51087.00 |
| EBITDA | $3.89M | $3.89M | -$5.50M | -$5.50M |
| EBITDA Ratio | $0.44 | $0.44 | -$0.48 | -$0.48 |
| Operating Income | $3.53M | $3.53M | -$5.55M | -$5.55M |
| Operating Income Ratio | $0.40 | $0.40 | -$0.49 | -$0.49 |
| Other Income/Expenses (Net) | -$971892.00 | -$971892.00 | -$87392.00 | -$87392.00 |
| Income Before Tax | $2.56M | $2.56M | -$5.64M | -$5.64M |
| Income Before Tax Ratio | $0.29 | $0.29 | -$0.49 | -$0.49 |
| Income Tax Expense | $757633.00 | $757633.00 | $740427.00 | $740427.00 |
| Net Income | $1.81M | $1.81M | -$4.90M | -$4.90M |
| Net Income Ratio | $0.21 | $0.21 | -$0.43 | -$0.43 |
| EPS | $0.33 | $0.33 | -$1.20 | -$1.20 |
| Diluted EPS | $0.33 | $0.33 | -$1.20 | -$1.20 |
| Weighted Avg Shares Outstanding | $5.42M | $5.42M | $4.07M | $4.07M |
| Weighted Avg Shares Outstanding (Diluted) | $5.40M | $5.40M | $4.07M | $4.07M |
Over the past four quarters, MingZhu Logistics Holdings Limited demonstrated steady revenue growth, increasing from $11.45M in Q1 2024 to $8.77M in Q4 2024. Operating income reached $3.53M in Q4 2024, maintaining a consistent 40% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $3.89M, reflecting operational efficiency. Net income rose to $1.81M, with EPS at $0.33. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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