Meritage Hospitality Group Inc. (MHGU)

USD 12.08

(8.38%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 672.49 Million 626.04 Million 577.12 Million 516.17 Million 467.54 Million 435.29 Million
Cost of Revenue 591.6 Million 373.85 Million 334.17 Million 287.53 Million 262.54 Million 241.29 Million
Gross Profit 80.89 Million 252.19 Million 242.95 Million 228.64 Million 204.99 Million 194 Million
Operating Expenses 58.28 Million 230.57 Million 220.89 Million 194.4 Million 179.81 Million 164.72 Million
Selling, General and Administrative Expenses 58.28 Million 133.19 Million 130.98 Million 115.93 Million 107.58 Million 39.56 Million
Research and Development Expenses - - - - - -
Other Expenses - 97.37 Million 89.9 Million 78.47 Million 72.22 Million 784.94 Thousand
Cost and Expenses 649.88 Million 604.42 Million 555.06 Million 481.93 Million 442.35 Million 406.01 Million
Operating Income 22.6 Million 25.47 Million 35.03 Million 37.4 Million 29.21 Million 25.41 Million
Interest Expense 16.82 Million 8.15 Million 7.74 Million 10.78 Million 12.33 Million 9.66 Million
Income Tax Expense 888 Thousand 586 Thousand 5.09 Million 2.4 Million 3.58 Million 3.37 Million
Earnings before Tax 6.91 Million 9.67 Million 23.29 Million 18.15 Million 16.46 Million 16.52 Million
Net Income 6.13 Million 8.48 Million 17.44 Million 14.91 Million 12.05 Million 13 Million
Earnings Per Share Basic 0.71 0.98 2.30 2.00 1.62 2.08
Earnings Per Share Diluted 0.56 0.74 1.81 1.59 1.27 2.08
Weighted Average Shares Outstanding 6.51 Million 6.58 Million 6.7 Million 6.45 Million 6.3 Million 6.25 Million
Weighted Average Shares Outstanding (Diluted) 8.26 Million 8.69 Million 9.63 Million 9.4 Million 9.03 Million 6.25 Million
Gross Margin 0.12 0.40 0.42 0.44 0.44 0.45
EBIT Margin 0.05 0.07 0.09 0.10 0.09 0.10
Profit Margin 0.01 0.01 0.03 0.03 0.03 0.03
EBITDA 36.35 Million 35.24 Million 47.34 Million 44.83 Million 41.24 Million 38.82 Million
Earnings Before Tax Margin 0.03 0.04 0.06 0.07 0.06 0.06

Income Statement Charts