MingZhu Logistics Holdings Limited (YGMZ)

YGMZ Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	89	63.52	17.36	18.79	29.41
Revenue Growth (YoY)	40.13%	265.89%	-7.64%	-36.10%	6.38%
Cost of Revenue	85.93	60.8	17.48	16.01	25.36
Gross Profit	3.07	2.72	-0.12	2.78	4.05
Selling, General & Admin	2.23	2.82	0.37	1.37	1.38
Operating Expenses	2.23	2.82	0.37	1.37	1.38
Operating Income	0.85	-0.1	-0.49	1.41	2.68
Interest Expense / Income	0.45	0.79	0.4	0.37	0.37
Other Expense / Income	9.71	-3.01	-0.08	-0.11	-0.16
Pretax Income	-9.31	2.12	-0.8	1.15	2.46
Income Tax	0.27	0.23	0.14	0.37	0.82
Net Income	-9.58	1.9	-0.94	0.78	1.64
Net Income Growth	-	-	-	-52.38%	-42.46%
Shares Outstanding (Basic)	3	3	2	1	1
Shares Outstanding (Diluted)	3	3	2	1	1
Shares Change	20.45%	37.07%	58.16%	7.04%	-
EPS (Basic)	-2.96	0.72	-0.40	0.64	1.44
EPS (Diluted)	-3.04	0.72	-0.48	0.64	1.44
EPS Growth	-	-	-	-55.56%	-43.75%
Free Cash Flow	-9.99	-3.94	-23.98	-1.05	0.2
Free Cash Flow Per Share	-3.11	-1.47	-10.08	-0.87	0.18
Gross Margin	3.45%	4.28%	-0.69%	14.81%	13.78%
Operating Margin	0.95%	-0.16%	-2.81%	7.51%	9.10%
Profit Margin	-10.76%	2.99%	-5.41%	4.16%	5.59%
Free Cash Flow Margin	-11.22%	-6.21%	-138.16%	-5.57%	0.68%
Effective Tax Rate	-	10.66%	-	31.90%	33.33%
EBITDA	-7.98	5.11	1.03	3.04	4.2
EBITDA Margin	-8.97%	8.04%	5.94%	16.19%	14.28%
Depreciation & Amortization	0.88	2.19	1.44	1.52	1.37
EBIT	-8.86	2.91	-0.41	1.52	2.83
EBIT Margin	-9.96%	4.58%	-2.34%	8.10%	9.64%

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).