Midwest Holding Inc.
MDWT · NASDAQ
9/30/2023 | 6/30/2023 | 3/31/2023 | 12/31/2022 | |
|---|---|---|---|---|
| Revenue | $16,419 | $29,066 | $38,452 | $8,590 |
| % Growth | -43.5% | -24.4% | 347.6% | – |
| Cost of Goods Sold | $4,761 | $10,819 | $19,415 | $3,830 |
| Gross Profit | $11,658 | $18,247 | $19,037 | $4,760 |
| % Margin | 71% | 62.8% | 49.5% | 55.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $874 | $5,817 | $5,503 | $3,830 |
| SG&A Expenses | $874 | $5,817 | $5,503 | $3,830 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $0 | $0 | $0 | $7,519 |
| Operating Expenses | $874 | $480 | $639 | $8,251 |
| Operating Income | $10,784 | $17,767 | $18,303 | -$5,987 |
| % Margin | 65.7% | 61.1% | 47.6% | -69.7% |
| Other Income/Exp. Net | -$3,339 | $0 | $0 | -$1,517 |
| Pre-Tax Income | $7,445 | $2,537 | $8,687 | -$3,491 |
| Tax Expense | -$4,606 | $2,969 | $2,907 | $3,753 |
| Net Income | $12,051 | -$3,883 | $5,780 | -$7,244 |
| % Margin | 73.4% | -13.4% | 15% | -84.3% |
| EPS | 3.12 | -1 | 1.52 | -1.95 |
| % Growth | 412% | -165.8% | 177.9% | – |
| EPS Diluted | 3.12 | -1 | 1.52 | -1.95 |
| Weighted Avg Shares Out | 3,738 | 3,737 | 3,729 | 3,640 |
| Weighted Avg Shares Out Dil | 3,864 | 3,864 | 3,809 | 3,718 |
| Supplemental Information | – | – | – | – |
| Interest Income | $8,179 | $10,248 | $8,030 | $1,517 |
| Interest Expense | $0 | $0 | $9,711 | $3,941 |
| Depreciation & Amortization | $92 | $94 | $95 | $109 |
| EBITDA | $0 | $0 | $0 | $556 |
| % Margin | 0% | 0% | 0% | 6.5% |