Millennium Group International Holdings Past Earnings Performance
Past criteria checks 0/6
Millennium Group International Holdings's earnings have been declining at an average annual rate of -84.2%, while the Packaging industry saw earnings growing at 7.1% annually. Revenues have been declining at an average rate of 19.8% per year.
Key information
-84.2%
Earnings growth rate
-82.7%
EPS growth rate
| Packaging Industry Growth | 12.0% |
| Revenue growth rate | -19.8% |
| Return on equity | -28.2% |
| Net Margin | -22.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Health Check: How Prudently Does Millennium Group International Holdings (NASDAQ:MGIH) Use Debt?
Nov 01
Investors Don't See Light At End Of Millennium Group International Holdings Limited's (NASDAQ:MGIH) Tunnel And Push Stock Down 35%
Apr 04Millennium Group International Holdings Limited's (NASDAQ:MGIH) 161% Price Boost Is Out Of Tune With Revenues
Feb 13Millennium Group International Holdings Limited's (NASDAQ:MGIH) Shares Climb 42% But Its Business Is Yet to Catch Up
Dec 13Revenue & Expenses Breakdown
How Millennium Group International Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 39 | -9 | 15 | 0 |
| 31 Mar 24 | 41 | -5 | 13 | 0 |
| 31 Dec 23 | 43 | -2 | 11 | 0 |
| 30 Sep 23 | 44 | -1 | 11 | 0 |
| 30 Jun 23 | 46 | 0 | 10 | 0 |
| 31 Mar 23 | 51 | 1 | 10 | 0 |
| 31 Dec 22 | 57 | 3 | 10 | 0 |
| 30 Sep 22 | 61 | 4 | 10 | 0 |
| 30 Jun 22 | 66 | 4 | 11 | 0 |
| 31 Mar 22 | 66 | 3 | 11 | 0 |
| 31 Dec 21 | 67 | 3 | 12 | 0 |
| 30 Sep 21 | 66 | 3 | 12 | 0 |
| 30 Jun 21 | 65 | 4 | 12 | 0 |
| 30 Jun 20 | 60 | 4 | 12 | 0 |
Quality Earnings: MGIH is currently unprofitable.
Growing Profit Margin: MGIH is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGIH is unprofitable, and losses have increased over the past 5 years at a rate of 84.2% per year.
Accelerating Growth: Unable to compare MGIH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGIH is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (-20.4%).
Return on Equity
High ROE: MGIH has a negative Return on Equity (-28.25%), as it is currently unprofitable.