Name: Magic Empire Global Limited (MEGL) Financial Statements
Creator: FinSpry

Magic Empire Global Income Statement Analysis

Revenue, earnings, and profit margins in millions HKD

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Magic Empire Global Limited income statement - Annual data in millions HKD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	12.78	13.79	11.20	16.87	20.22
Cost of Revenue	16.14	9.72	9.37	8.77	0.00
Gross Profit	-3.36	4.08	1.83	8.10	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.77	4.78	4.37	3.33	0.00
Operating Expenses	6.87	6.72	6.11	6.37	0.00
Operating Income	-10.23	-2.64	-4.29	1.73	3.67
Other Income/Expense
Interest Income	4.45	4.26	1.06	0.00	0.21
Interest Expense	0.06	0.14	0.23	0.08	0.00
Other Income/Expense	5.50	-1.96	-0.23	-0.08	0.05
Income
Income Before Tax	-4.73	-0.48	-3.46	1.65	4.63
Income Tax Expense	0.00	0.00	0.38	0.07	0.43
Net Income	-4.73	-0.48	-3.84	1.58	4.20
Net Income - Continuous Operations	-4.73	-0.48	-3.84	1.58	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-2.57	1.76	-1.27	4.78	0.00
EBIT	-4.67	-0.34	-3.23	1.73	0.00
Depreciation & Amortization	2.10	2.11	1.96	3.05	0.00
Earnings Per Share
Basic EPS	-1.00	-	-1.00	-	1.00
Diluted EPS	-1.00	-	-1.00	-	1.00
Basic Shares Outstanding	5.06	5.06	4.27	3.75	3.75
Diluted Shares Outstanding	5.06	5.06	4.27	3.75	3.75