See more : Shree Ajit Pulp and Paper Limited (SAPPL.BO) 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.
You may be interested
- Oncologix Tech, Inc. (OCLG) Income Statement Analysis – Financial Results
- Plan B Media Public Company Limited (PLANB.BK) Income Statement Analysis – Financial Results
- Charah Solutions, Inc. (CHRA) Income Statement Analysis – Financial Results
- Oyster Enterprises Acquisition Corp. (OSTRU) Income Statement Analysis – Financial Results
- CGrowth Capital, Inc. (CGRA) Income Statement Analysis – Financial Results
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 |
Midwest Holding to Present at Ladenburg Thalmann Virtual Technology Expo on November 18th
LINCOLN, Neb., Nov. 17, 2021 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), a technology-enabled, services-oriented life and annuity platform, announced today that it will be presenting virtually at the upcoming Ladenburg Thalmann Virtual Technology Expo on Thursday, November 18th, at 4:00 PM...
Midwest Holding Inc (MDWT) CEO Michael Salem on Q3 2021 Results - Earnings Call Transcript
Midwest Holding Inc (MDWT) CEO Michael Salem on Q3 2021 Results - Earnings Call Transcript
Midwest Holding Inc. Reports Second Quarter 2021 Results
LINCOLN, Neb., Aug. 12, 2021 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for its second quarter ended June 30, 2021.
Midwest Holding Schedules Conference Call to Discuss Second Quarter 2021 Results
LINCOLN, Neb., July 28, 2021 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT) today announced plans to host a conference call to discuss financial and operating results for the second quarter 2021 on Friday, August 13, 2021, at 12:00 p.m.
Low-Cost Pot Stocks To Consider: Green Chip Stocks' Jeff Siegel Says Check Out Midwest & Outside Major Markets Where Cannabis Enthusiasm Abounds
Green Chip Stocks founder Jeff Siegel has operated his investment firm since 2006, focusing on renewable energy, organic farming and cannabis. He recently spoke with Benzinga about several possible opportunities in the weed sector that may be of interest to investors,...
Midwest Holding Announces Strategic Reinsurance Relationship with American Republic Insurance Company, a Subsidiary of American Enterprise Group
LINCOLN, Neb., July 1, 2021 /PRNewswire/ -- Midwest Holding Inc. (Midwest) (NASDAQ: MDWT), a technology-enabled, services-oriented life and annuity platform, announced today that its subsidiary American Life & Security Corp. (ALSC) has entered into a reinsurance agreement with American Republic Insurance Company (ARIC), a subsidiary...
SHAREHOLDER ALERT: WeissLaw LLP Investigates First Midwest Bancorp, Inc.
NEW YORK, June 2, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of First Midwest Bancorp, Inc. ("First Midwest" or the "Company") (NASDAQ: FMBI) in connection with the...
First Midwest Merges With Old National In $6.5 Billion Deal
Chicago's First Midwest Bank and Indiana's Old National Bank have signed a $6.5 billion definitive merger agreement to create a midwestern financial institution (FI) with $45 billion in combined assets. Under the deal, First Midwest will be folded into the...
Old National and First Midwest Are the Latest Deal as Bank Tie-Ups Rebound
The merger will let the new bank enhance its digital offerings and serve clients better through its heftier balance sheet and bigger geographic footprint.
Old National and First Midwest Are the Latest Deal as Bank Tie-Ups Rebound
The merger will let the new bank enhance its digital offerings and serve clients better through its heftier balance sheet and bigger geographic footprint.
Source: https://incomestatements.info
Category: Stock Reports