MEGL
Income statement / Annual
Last year (2024), Magic Empire Global Limited's total revenue was $12.78 M,
a decrease of 7.31% from the previous year.
In 2024, Magic Empire Global Limited's net income was -$4.73 M.
See Magic Empire Global Limited,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$12.78 M |
$13.79 M |
$10.97 M |
$16.79 M |
$20.42 M |
$27.96 M |
| Cost of Revenue |
$16.14 M
|
$9.72 M
|
$9.37 M
|
$8.77 M
|
$195,193.00
|
$0.00
|
| Gross Profit |
-$3.36 M
|
$4.08 M
|
$1.60 M
|
$8.02 M
|
$20.22 M
|
$27.96 M
|
| Gross Profit Ratio |
-0.26
|
0.3
|
0.15
|
0.48
|
0.99
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$4.77 M
|
$4.78 M
|
$2.99 M
|
$2.34 M
|
$13.21 M
|
$582,825.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$9.37 M
|
$8.77 M
|
$10.50 M
|
$10.35 M
|
| Selling, General & Administrative Expenses |
$4.77 M
|
$4.78 M
|
$12.36 M
|
$11.12 M
|
$13.21 M
|
$10.94 M
|
| Other Expenses |
$2.10 M
|
$2.11 M
|
-$232,002.00
|
-$82,200.00
|
-$195,193.00
|
$0.00
|
| Operating Expenses |
$6.87 M
|
$6.89 M
|
$15.48 M
|
$15.14 M
|
$15.80 M
|
$16.21 M
|
| Cost And Expenses |
$23.01 M
|
$16.60 M
|
$15.48 M
|
$15.14 M
|
$15.80 M
|
$16.21 M
|
| Interest Income |
$4.45 M
|
$4.26 M
|
$1.06 M
|
$1,219.00
|
$209,293.00
|
$18,240.00
|
| Interest Expense |
$61,232.00
|
$139,296.00
|
$232,002.00
|
$82,200.00
|
$195,193.00
|
$0.00
|
| Depreciation & Amortization |
$2.10 M
|
$2.11 M
|
$1.96 M
|
$3.05 M
|
$3.34 M
|
-$11.92 M
|
| EBITDA |
-$2.57 M |
$1.76 M |
-$1.27 M |
$4.78 M |
$7.96 M |
-$150,698.00 |
| EBITDA Ratio |
-0.2
|
0.13
|
-0.12
|
0.28
|
0.39
|
-0.01
|
| Operating Income Ratio |
-0.8
|
-0.2
|
-0.43
|
0.1
|
0.19
|
0.43
|
| Total Other Income/Expenses Net |
$5.50 M
|
$2.33 M
|
$1.04 M
|
-$80,981.00
|
$767,618.00
|
-$150,698.00
|
| Income Before Tax |
-$4.73 M
|
-$483,812.00
|
-$3.46 M
|
$1.65 M
|
$4.63 M
|
$11.77 M
|
| Income Before Tax Ratio |
-0.37
|
-0.04
|
-0.32
|
0.1
|
0.23
|
0.42
|
| Income Tax Expense |
$0.00
|
$0.00
|
$381,820.00
|
$70,184.00
|
$431,511.00
|
$1.75 M
|
| Net Income |
-$4.73 M
|
-$483,812.00
|
-$3.84 M
|
$1.58 M
|
$4.20 M
|
$10.01 M
|
| Net Income Ratio |
-0.37
|
-0.04
|
-0.35
|
0.09
|
0.21
|
0.36
|
| EPS |
-0.93 |
-0.0955 |
-0.23 |
0.11 |
0.21 |
0.67 |
| EPS Diluted |
-0.93 |
-0.0955 |
-0.23 |
0.11 |
0.21 |
0.67 |
| Weighted Average Shares Out |
$5.06 M
|
$5.06 M
|
$16.71 M
|
$15.00 M
|
$20.00 M
|
$15.00 M
|
| Weighted Average Shares Out Diluted |
$5.06 M
|
$5.06 M
|
$17.08 M
|
$15.00 M
|
$20.00 M
|
$15.00 M
|
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