MDWT
Income statement / Annual
Last year (2022), Midwest Holding Inc.'s total revenue was $30.05 M,
a decrease of 0.05% from the previous year.
In 2022, Midwest Holding Inc.'s net income was $791,000.00.
See Midwest Holding Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
FY-2013
|
| Period Ended |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
12/31/2013 |
| Operating Revenue |
$30.05 M
|
$30.06 M
|
$10.58 M
|
$3.40 M
|
$875,812.00
|
$4.54 M
|
$4.53 M
|
$3.79 M
|
$4.64 M
|
$5.11 M
|
| Cost of Revenue |
$16.20 M |
$32.03 M |
$16.55 T |
$8.70 M |
$5.80 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$13.85 M |
-$1.97 M |
-$16.55 T |
-$5.30 M |
-$4.92 M |
$4.54 M |
$4.53 M |
$3.79 M |
$4.64 M |
$5.11 M |
| Gross Profit Ratio |
0.46 |
-0.07 |
-1563744.38 |
-1.56 |
-5.62 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$16.20 M
|
$16.93 M
|
$6.35 M
|
$2.70 M
|
$2.16 M
|
$2.14 M
|
$2.35 M
|
$1.94 M
|
$2.36 M
|
$1.95 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$16.20 M
|
$16.93 M
|
$6.35 M
|
$2.70 M
|
$2.16 M
|
$2.14 M
|
$2.35 M
|
$1.94 M
|
$2.36 M
|
$1.95 M
|
| Other Expenses |
$5.53 M |
-$63.09 M |
-$29.81 M |
-$14.53 M |
-$8.05 M |
-$8.65 M |
-$12.05 M |
-$9.15 M |
-$10.90 M |
-$9.27 M |
| Operating Expenses |
$7.66 M |
-$46.17 M |
-$23.46 M |
-$11.83 M |
-$5.89 M |
-$6.51 M |
-$9.71 M |
-$7.21 M |
-$8.55 M |
-$7.32 M |
| Cost And Expenses |
$21.66 M |
$41.93 M |
$21.44 M |
$8.77 M |
$5.91 M |
$7.26 M |
$8.38 M |
$6.30 M |
$8.55 M |
$7.32 M |
| Interest Income |
$0.00 |
$298,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$6.35 M |
$0.00 |
$0.00 |
$6,584.00 |
$47,936.00 |
$748,918.00 |
$776,541.00 |
$533,646.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$338,000.00
|
$50,000.00
|
$57,419.00
|
$58,761.00
|
$61,349.00
|
$288,030.00
|
$381,582.00
|
$400,870.00
|
$275,082.00
|
$322,809.00
|
| EBITDA |
$4.06 M
|
$0.00
|
$0.00
|
-$5.61 M
|
-$5.04 M
|
-$1.68 M
|
-$2.69 M
|
-$1.58 M
|
$0.00
|
$0.00
|
| EBITDA Ratio |
0.5 |
-0.53 |
-1.21 |
-2.46 |
-5.66 |
-0.37 |
-0.59 |
-0.42 |
-0.68 |
-0.32 |
| Operating Income Ratio
|
0.49
|
-0.54
|
-1.22
|
-2.48
|
-5.73
|
-0.43
|
-1.14
|
-0.9
|
-0.84
|
-0.43
|
| Total Other
Income/Expenses Net |
-$6.35 M
|
$0.00
|
$16.55 T
|
$234,180.00
|
$0.00
|
$665,550.00
|
-$472,457.00
|
$781,359.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$8.39 M |
-$11.87 M |
-$10.86 M |
-$5.38 M |
-$5.04 M |
-$2.72 M |
-$3.85 M |
-$2.52 M |
-$3.91 M |
-$2.22 M |
| Income Before Tax Ratio
|
0.28
|
-0.39
|
-1.03
|
-1.58
|
-5.75
|
-0.6
|
-0.85
|
-0.67
|
-0.84
|
-0.43
|
| Income Tax Expense |
$7.60 M |
$4.77 M |
$1.58 M |
$234,180.00 |
$47,936.00 |
$1.32 M |
$883,556.00 |
$705,217.00 |
$295,246.00 |
$246,328.00 |
| Net Income |
$791,000.00 |
-$16.64 M |
-$12.44 M |
-$5.61 M |
-$5.09 M |
-$2.72 M |
-$3.85 M |
-$2.52 M |
-$3.44 M |
-$1.95 M |
| Net Income Ratio |
0.03 |
-0.55 |
-1.18 |
-1.65 |
-5.81 |
-0.6 |
-0.85 |
-0.67 |
-0.74 |
-0.38 |
| EPS |
0.21 |
-4.45 |
-4.81 |
-4.87 |
-2.55 |
-59.48 |
-88.97 |
-89.41 |
-130.56 |
-74.01 |
| EPS Diluted |
0.21 |
-4.45 |
-4.81 |
-4.87 |
-2.55 |
-59.48 |
-88.97 |
-89.41 |
-130.56 |
-73.92 |
| Weighted Average Shares
Out |
$3.74 M
|
$3.74 M
|
$2.55 M
|
$1.15 M
|
$2.00 M
|
$45,721.00
|
$43,251.00
|
$28,163.00
|
$26,387.00
|
$26,355.00
|
| Weighted Average Shares
Out Diluted |
$3.80 M
|
$3.74 M
|
$2.59 M
|
$1.15 M
|
$2.00 M
|
$45,721.00
|
$43,251.00
|
$28,163.00
|
$26,387.00
|
$26,387.00
|
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