See more : AB Volvo (publ) (VOLAF) Income Statement Analysis – Financial Results
Complete financial analysis of Midwest Holding Inc. (MDWT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Midwest Holding Inc., a leading company in the Insurance – Life industry within the Financial Services sector.
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Midwest Holding Inc. (MDWT)
About Midwest Holding Inc.
Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products through independent distributors comprising independent marketing organizations. It also provides asset management services to third-party insurers and reinsurers; and other services, including policy administration services. The company was incorporated in 2003 and is based in Lincoln, Nebraska.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 30.05M | 30.06M | 10.58M | 3.40M | 875.81K | 4.54M | 4.53M | 3.79M | 4.64M | 5.11M | 5.32M | 3.64M | 5.83M |
| Cost of Revenue | 16.20M | 32.03M | 16,547.38B | 8.70M | 5.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 13.85M | -1.97M | -16,547.37B | -5.30M | -4.92M | 4.54M | 4.53M | 3.79M | 4.64M | 5.11M | 5.32M | 3.64M | 5.83M |
| Gross Profit Ratio | 46.10% | -6.54% | -156,374,437.67% | -155.88% | -562.08% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 16.20M | 16.93M | 6.35M | 2.70M | 2.16M | 2.14M | 2.35M | 1.94M | 2.36M | 1.95M | 2.34M | 2.53M | 960.15K |
| 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 | 0.00 |
| SG&A | 16.20M | 16.93M | 6.35M | 2.70M | 2.16M | 2.14M | 2.35M | 1.94M | 2.36M | 1.95M | 2.34M | 2.53M | 960.15K |
| Other Expenses | 5.53M | -63.09M | -29.81M | -14.53M | -8.05M | -8.65M | -12.05M | -9.15M | -10.90M | -9.27M | -10.19M | -9.95M | -9.02M |
| Operating Expenses | 7.66M | -46.17M | -23.46M | -11.83M | -5.89M | -6.51M | -9.71M | -7.21M | -8.55M | -7.32M | -7.84M | -7.42M | -8.06M |
| Cost & Expenses | 21.66M | 41.93M | 21.44M | 8.77M | 5.91M | 7.26M | 8.38M | 6.30M | 8.55M | 7.32M | 7.84M | 7.49M | 8.06M |
| Interest Income | 0.00 | 298.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 6.35M | 0.00 | 0.00 | 6.58K | 47.94K | 748.92K | 776.54K | 533.65K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 338.00K | 50.00K | 57.42K | 58.76K | 61.35K | 288.03K | 381.58K | 400.87K | 275.08K | 322.81K | 366.37K | 186.57K | 74.31K |
| EBITDA | 4.06M | 0.00 | 0.00 | -5.61M | -5.04M | -1.68M | -2.69M | -1.58M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 50.18% | -53.39% | -121.17% | -246.09% | -565.90% | -37.08% | -59.31% | -41.84% | -68.32% | -31.88% | -24.26% | -98.74% | -36.85% |
| Operating Income | 14.74M | -16.10M | -12.88M | -8.43M | -5.02M | -1.97M | -5.17M | -3.42M | -3.91M | -2.22M | -2.52M | -3.78M | -2.22M |
| Operating Income Ratio | 49.05% | -53.56% | -121.72% | -247.82% | -572.91% | -43.42% | -114.10% | -90.42% | -84.19% | -43.44% | -47.33% | -103.87% | -38.12% |
| Total Other Income/Expenses | -6.35M | 0.00 | 16,547.36B | 234.18K | 0.00 | 665.55K | -472.46K | 781.36K | 0.00 | 0.00 | 0.00 | -72.77K | 0.00 |
| Income Before Tax | 8.39M | -11.87M | -10.86M | -5.38M | -5.04M | -2.72M | -3.85M | -2.52M | -3.91M | -2.22M | -2.52M | -3.85M | -2.22M |
| Income Before Tax Ratio | 27.92% | -39.49% | -102.59% | -158.10% | -575.15% | -59.93% | -84.85% | -66.52% | -84.19% | -43.44% | -47.33% | -105.87% | -38.12% |
| Income Tax Expense | 7.60M | 4.77M | 1.58M | 234.18K | 47.94K | 1.32M | 883.56K | 705.22K | 295.25K | 246.33K | 381.69K | 223.71K | 3.75M |
| Net Income | 791.00K | -16.64M | -12.44M | -5.61M | -5.09M | -2.72M | -3.85M | -2.52M | -3.44M | -1.95M | -1.66M | -3.78M | -2.22M |
| Net Income Ratio | 2.63% | -55.34% | -117.56% | -164.99% | -580.63% | -59.93% | -84.85% | -66.52% | -74.25% | -38.21% | -31.14% | -103.87% | -38.12% |
| EPS | 0.21 | -4.45 | -4.81 | -4.87 | -2.55 | -59.48 | -88.97 | -89.41 | -130.56 | -74.01 | -91.02 | -206.56 | -163.97 |
| EPS Diluted | 0.21 | -4.45 | -4.81 | -4.87 | -2.55 | -59.48 | -88.97 | -89.41 | -130.56 | -73.92 | -91.02 | -206.56 | -163.97 |
| Weighted Avg Shares Out | 3.74M | 3.74M | 2.55M | 1.15M | 2.00M | 45.72K | 43.25K | 28.16K | 26.39K | 26.36K | 18.21K | 18.29K | 13.56K |
| Weighted Avg Shares Out (Dil) | 3.80M | 3.74M | 2.59M | 1.15M | 2.00M | 45.72K | 43.25K | 28.16K | 26.39K | 26.39K | 18.21K | 18.29K | 13.56K |
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Should Value Investors Buy Midwest Holding (MDWT) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Are Investors Undervaluing Midwest Holding (MDWT) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Are Finance Stocks Lagging Midwest Holding (MDWT) This Year?
Here is how Midwest Holding Inc. (MDWT) and Enact Holdings, Inc. (ACT) have performed compared to their sector so far this year.
Are Finance Stocks Lagging Midwest Holding (MDWT) This Year?
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New Strong Buy Stocks for August 21st
HRTG, LWAY, TTI, MDWT and HENKY have been added to the Zacks Rank #1 (Strong Buy) List on August 21, 2023.
Source: https://incomestatements.info
Category: Stock Reports