MEGL
Income statement / Annual
Last year (2023), Magic Empire Global Limited's total revenue was $13.79 M,
an increase of 25.77% from the previous year.
In 2023, Magic Empire Global Limited's net income was -$483,812.00.
See Magic Empire Global Limited’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$13.79 M
|
$10.97 M
|
$16.79 M
|
$20.42 M
|
$27.96 M
|
| Cost of Revenue |
$9.72 M |
$9.37 M |
$8.77 M |
$195,193.00 |
$0.00 |
| Gross Profit |
$4.08 M |
$1.60 M |
$8.02 M |
$20.22 M |
$27.96 M |
| Gross Profit Ratio |
0.3 |
0.15 |
0.48 |
0.99 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$4.78 M
|
$2.99 M
|
$2.34 M
|
$13.21 M
|
$582,825.00
|
| Selling & Marketing
Expenses |
$0.00
|
$9.37 M
|
$8.77 M
|
$10.50 M
|
$10.35 M
|
| Selling, General &
Administrative Expenses |
$4.78 M
|
$12.36 M
|
$11.12 M
|
$13.21 M
|
$10.94 M
|
| Other Expenses |
$2.11 M |
-$232,002.00 |
-$82,200.00 |
-$195,193.00 |
$0.00 |
| Operating Expenses |
$16.60 M |
$15.48 M |
$15.14 M |
$15.80 M |
$16.21 M |
| Cost And Expenses |
$16.60 M |
$15.48 M |
$15.14 M |
$15.80 M |
$16.21 M |
| Interest Income |
$4.26 M |
$1.06 M |
$1,219.00 |
$209,293.00 |
$18,240.00 |
| Interest Expense |
$139,296.00 |
$232,002.00 |
$82,200.00 |
$195,193.00 |
$0.00 |
| Depreciation &
Amortization |
$2.11 M
|
$1.96 M
|
$3.05 M
|
$3.34 M
|
-$11.92 M
|
| EBITDA |
$1.76 M
|
-$1.27 M
|
$4.78 M
|
$7.96 M
|
-$150,698.00
|
| EBITDA Ratio |
0.13 |
0.12 |
0 |
0.39 |
-0.01 |
| Operating Income Ratio
|
-0.2
|
-0.43
|
0.1
|
0.19
|
0.43
|
| Total Other
Income/Expenses Net |
$2.33 M
|
$1.04 M
|
-$80,981.00
|
$767,618.00
|
-$150,698.00
|
| Income Before Tax |
-$483,812.00 |
-$3.46 M |
$1.65 M |
$4.63 M |
$11.77 M |
| Income Before Tax Ratio
|
-0.04
|
-0.32
|
0.1
|
0.23
|
0.42
|
| Income Tax Expense |
$0.00 |
$381,820.00 |
$70,184.00 |
$431,511.00 |
$1.75 M |
| Net Income |
-$483,812.00 |
-$3.84 M |
$1.58 M |
$4.20 M |
$10.01 M |
| Net Income Ratio |
-0.04 |
-0.35 |
0.09 |
0.21 |
0.36 |
| EPS |
-0.0239 |
-0.23 |
0.11 |
0.21 |
0.67 |
| EPS Diluted |
-0.0239 |
-0.23 |
0.11 |
0.21 |
0.67 |
| Weighted Average Shares
Out |
$20.26 M
|
$16.71 M
|
$15.00 M
|
$20.00 M
|
$15.00 M
|
| Weighted Average Shares
Out Diluted |
$20.26 M
|
$17.08 M
|
$15.00 M
|
$20.00 M
|
$15.00 M
|
| Link |
|
|
|
|
|
