See more : Adgar Investments and Development Ltd (ADGR.TA) Income Statement Analysis – Financial Results
Complete financial analysis of Midsummer AB (publ) (MIDS.ST) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Midsummer AB (publ), a leading company in the Solar industry within the Energy sector.
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Midsummer AB (publ) (MIDS.ST)
About Midsummer AB (publ)
Midsummer AB (publ) develops and supplies equipment for manufacturing CIGS thin film solar cells in Sweden. It offers Duo, a fully automatic deposition system for CIGS solar cell manufacturing; UNO, a platform for CIGS and CZTS solar cells; and flexible and lightweight modules for PV applications in membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers, or other infrastructure projects. The company is headquartered in Järfälla, Sweden.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 49.63M | 53.38M | 94.41M | 71.95M | 184.47M | 218.16M | 115.01M | 59.35M | 30.91M | 9.81M | 43.50M | 14.90M |
| Cost of Revenue | 15.86M | 71.48M | 67.10M | 17.64M | 93.31M | 93.19M | 37.67M | 9.02M | 43.07M | 8.70M | 21.66M | 3.11M |
| Gross Profit | 33.77M | -18.11M | 27.31M | 54.32M | 91.16M | 124.96M | 77.34M | 50.33M | -12.16M | 1.10M | 21.84M | 11.79M |
| Gross Profit Ratio | 68.04% | -33.92% | 28.92% | 75.49% | 49.42% | 57.28% | 67.24% | 84.80% | -39.35% | 11.26% | 50.21% | 79.13% |
| Research & Development | 0.00 | 19.02M | 17.09M | 9.80M | 13.55M | 12.32M | 9.54M | 9.91M | 9.76M | 8.20M | 7.87M | 6.31M |
| General & Administrative | 0.00 | 0.00 | 33.97M | 18.00M | 18.63M | 19.61M | 11.41M | 9.49M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 185.41M | 138.07M | 33.97M | 18.00M | 18.63M | 19.61M | 11.41M | 9.49M | 22.53M | 20.87M | 22.07M | 28.72M |
| Other Expenses | 45.49M | 83.96M | 112.36M | 92.15M | 95.63M | 69.60M | 40.92M | 29.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 230.90M | 83.96M | 146.33M | 110.14M | 114.26M | 89.22M | 52.34M | 39.09M | 28.15M | 30.00M | 11.83M | 47.30M |
| Cost & Expenses | 250.41M | 155.45M | 213.43M | 127.78M | 207.56M | 182.41M | 90.01M | 48.12M | 43.07M | 38.70M | 33.49M | 50.41M |
| Interest Income | 2.07M | 23.79M | 631.00K | 129.00K | 30.01K | 2.36M | 1.06M | 344.00K | 1.04M | 38.05K | 109.95K | 614.68K |
| Interest Expense | 27.51M | 19.68M | 21.17M | 18.62M | 9.66M | 1.33M | 1.60M | 1.18M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 69.80M | 34.35M | 38.23M | 24.45M | 18.56M | 9.07M | 16.78M | 11.79M | 10.56M | 9.17M | 10.70M | 9.43M |
| EBITDA | -128.28M | -34.94M | -70.83M | -49.17M | -3.22M | 47.18M | 42.84M | 23.03M | 18.85K | -13.26M | 9.33M | -16.15M |
| EBITDA Ratio | -258.47% | -65.45% | -75.03% | -68.43% | 3.42% | 27.27% | 37.25% | 39.37% | -5.20% | -135.18% | 21.45% | -108.39% |
| Operating Income | -200.78M | -93.08M | -119.03M | -55.83M | -25.79M | 35.75M | 25.00M | 11.24M | -12.16M | -22.43M | -1.37M | -25.58M |
| Operating Income Ratio | -404.56% | -174.38% | -126.08% | -77.59% | -13.98% | 16.39% | 21.74% | 18.93% | -39.35% | -228.66% | -3.15% | -171.67% |
| Total Other Income/Expenses | -24.48M | 4.11M | -19.23M | -17.81M | -12.35M | 1.03M | -533.66K | -837.00K | 2.27M | -6.42M | 11.49M | -10.55M |
| Income Before Tax | -225.27M | -88.97M | -130.23M | -92.30M | -35.45M | 36.78M | 24.47M | 10.40M | -8.26M | -28.85M | 10.12M | -36.13M |
| Income Before Tax Ratio | -453.89% | -166.68% | -137.95% | -128.28% | -19.22% | 16.86% | 21.27% | 17.52% | -26.74% | -294.12% | 23.27% | -242.50% |
| Income Tax Expense | -3.05M | -1.13M | -719.00K | 24.05M | 4.84M | -73.60K | 1.36M | 344.00K | 2.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -222.21M | -87.84M | -129.51M | -116.35M | -40.29M | 36.86M | 23.11M | 10.40M | -8.26M | -28.85M | 10.12M | -36.13M |
| Net Income Ratio | -447.74% | -164.56% | -137.19% | -161.71% | -21.84% | 16.89% | 20.09% | 17.52% | -26.74% | -294.12% | 23.27% | -242.50% |
| EPS | -2.15 | -0.90 | -1.50 | -2.30 | -0.90 | 0.73 | 0.57 | 0.26 | -9.41 | -2.38 | 0.84 | -2.98 |
| EPS Diluted | -2.15 | -0.90 | -1.50 | -2.30 | -0.90 | 0.73 | 0.57 | 0.26 | -9.41 | -2.38 | 0.84 | -2.98 |
| Weighted Avg Shares Out | 103.46M | 98.13M | 86.06M | 50.53M | 44.77M | 50.51M | 40.42M | 40.42M | 877.96K | 12.12M | 12.12M | 12.12M |
| Weighted Avg Shares Out (Dil) | 103.46M | 98.13M | 86.06M | 50.53M | 44.77M | 50.51M | 40.42M | 40.42M | 877.96K | 12.12M | 12.12M | 12.12M |
Source: https://incomestatements.info
Category: Stock Reports