MHUA Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	97.1	97.1	103.35	104.04	89.06	79.63
Revenue Growth (YoY)	-6.67%	-6.05%	-0.66%	16.82%	11.85%	-
Cost of Revenue	63.9	63.9	65.25	64.23	51.9	47.42
Gross Profit	33.2	33.2	38.1	39.81	37.16	32.21
Selling, General & Admin	13.84	13.84	19.58	10.82	11.2	9.61
Research & Development	2.75	2.75	2.96	2.73	2.49	3.21
Other Operating Expenses	1.93	1.93	4.76	0	0	0
Operating Expenses	18.52	18.52	27.3	13.54	13.69	12.82
Operating Income	14.67	14.67	10.8	26.26	23.47	19.39
Interest Expense / Income	0.25	0.25	0.19	0.18	0.14	0.1
Other Expense / Income	-0.66	-0.66	-0.35	-0.15	-0.4	0.04
Pretax Income	15.08	15.08	10.96	26.23	23.73	19.25
Income Tax	3.46	3.46	4.71	5.28	4.69	3.82
Net Income	11.63	11.63	6.24	20.95	19.05	15.43
Net Income Growth	-44.51%	86.22%	-70.20%	10.00%	23.42%	-
Shares Outstanding (Basic)	24	24	23	20	20	19
Shares Outstanding (Diluted)	24	24	23	20	20	19
Shares Change	19.70%	2.26%	17.06%	-	7.67%	-
EPS (Basic)	0.49	0.49	0.27	1.05	0.95	0.83
EPS (Diluted)	0.49	0.49	0.27	1.05	0.95	0.83
EPS Growth	-53.33%	81.48%	-74.29%	10.53%	14.46%	-
Free Cash Flow	2.15	2.15	-11.84	-0.89	-10.77	0.41
Free Cash Flow Per Share	0.09	0.09	-0.51	-0.04	-0.54	0.02
Gross Margin	34.19%	34.19%	36.86%	38.26%	41.72%	40.45%
Operating Margin	15.11%	15.11%	10.45%	25.24%	26.35%	24.35%
Profit Margin	11.97%	11.97%	6.04%	20.14%	21.38%	19.38%
Free Cash Flow Margin	2.21%	2.21%	-11.46%	-0.85%	-12.09%	0.51%
Effective Tax Rate	22.92%	22.92%	43.02%	20.13%	19.75%	19.84%
EBITDA	15.8	15.8	11.71	27.03	24.39	19.86
EBITDA Margin	16.28%	16.28%	11.34%	25.98%	27.39%	24.94%
Depreciation & Amortization	0.47	0.47	0.56	0.62	0.52	0.51
EBIT	15.33	15.33	11.15	26.41	23.87	19.35
EBIT Margin	15.79%	15.79%	10.79%	25.38%	26.80%	24.30%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).