Financial Statements — MGIH
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Cash & Equivalents | 10.69 | 13.35 | 27.58 |
| Accounts Receivable | 7.10 | 9.46 | 10.31 |
| Inventory | 1.54 | 3.72 | 5.56 |
| Total Current Assets | 20.81 | 27.77 | 44.45 |
| Property, Plant & Equipment | 7.45 | 7.79 | 9.03 |
| Intangible Assets | 0.10 | 0.20 | 0.29 |
| Total Non-current Assets | 15.44 | 15.87 | 14.59 |
| Total Assets | 36.25 | 43.64 | 59.04 |
| Accounts Payable | 1.02 | 2.68 | 2.11 |
| Short-term Debt | 6.11 | 5.58 | 13.41 |
| Total Current Liabilities | 11.15 | 12.13 | 19.09 |
| Long-term Debt | 6.11 | 5.58 | 13.41 |
| Total Non-current Liabilities | 0.19 | 0.46 | 0.04 |
| Total Liabilities | 11.34 | 12.59 | 19.12 |
| Retained Earnings | (6.81) | (0.50) | 8.27 |
| Total Stockholder Equity | 24.91 | 31.05 | 39.92 |
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Total Revenue | 25.33 | 38.53 | 45.60 |
| Cost of Revenue | 20.65 | 30.23 | 36.53 |
| Gross Profit | 4.69 | 8.30 | 9.06 |
| Selling, General & Admin | 7.37 | 9.58 | 5.27 |
| Total Operating Expenses | 10.70 | 15.23 | 10.15 |
| Operating Income | (6.01) | (6.93) | (1.08) |
| Interest Expense | -- | -- | 0.68 |
| Pretax Income | (6.02) | (8.56) | (0.43) |
| Tax Provision | 0.29 | 0.21 | (0.08) |
| Net Income | (6.32) | (8.77) | (0.35) |
| Basic EPS | (0.56) | (0.78) | (0.03) |
| Diluted EPS | (0.56) | (0.78) | (0.03) |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Operating Cash Flow | (1.72) | (4.11) | 8.11 |
| Capital Expenditures | 2.02 | 2.38 | 0.19 |
| Free Cash Flow* | (3.74) | (6.48) | 7.92 |
| Investing Cash Flow | (1.55) | (2.24) | (0.22) |
| Financing Cash Flow | 0.56 | (7.86) | 1.80 |
* Derived from reported values
