MingZhu Logistics Holdings Limited (YGMZ)

Income Statement (Annual)

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018
Revenue	17.36	18.79	29.41	27.65
Revenue Growth (YoY)	-7.64%	-36.10%	6.38%	-
Cost of Revenue	15.43	16.01	25.36	22.4
Gross Profit	1.93	2.78	4.05	5.25
Selling, General & Admin	2.42	1.37	1.38	1.21
Operating Expenses	2.42	1.37	1.38	1.21
Operating Income	-0.49	1.41	2.68	4.03
Interest Expense / Income	0.4	0.37	0.37	0.36
Other Expense / Income	-0.08	-0.11	-0.16	-0.18
Pretax Income	-0.8	1.15	2.46	3.86
Income Tax	0.14	0.37	0.82	1.01
Net Income	-0.94	0.78	1.64	2.85
Net Income Common	-0.94	0.78	1.64	2.85
Net Income Growth	-	-52.38%	-42.46%	-
Shares Outstanding (Basic)	19	10	9	9
Shares Outstanding (Diluted)	15	10	9	9
Shares Change	58.16%	7.04%	-	-
EPS (Basic)	-0.05	0.08	0.18	0.32
EPS (Diluted)	-0.06	0.08	0.18	0.32
EPS Growth	-	-55.56%	-43.75%	-
Free Cash Flow Per Share	-1.26	-0.11	0.02	0.42
Gross Margin	11.10%	14.80%	13.80%	19.00%
Operating Margin	-2.80%	7.50%	9.10%	14.60%
Profit Margin	-5.40%	4.20%	5.60%	10.30%
Free Cash Flow Margin	-138.20%	-5.60%	0.70%	13.70%
Effective Tax Rate	-16.86%	31.90%	33.33%	26.06%
EBITDA	1.03	3.04	4.2	5.59
EBITDA Margin	5.90%	16.20%	14.30%	20.20%
Depreciation & Amortization	1.44	1.52	1.37	1.37
EBIT	-0.41	1.52	2.83	4.22
EBIT Margin	-2.30%	8.10%	9.60%	15.30%

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).