See more : Fitbit, Inc. (5FB.DE) Income Statement Analysis – Financial Results
Complete financial analysis of MICT, Inc. (MICT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MICT, Inc., a leading company in the Computer Hardware industry within the Technology sector.
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MICT, Inc. (MICT)
About MICT, Inc.
MICT, Inc., through its subsidiaries, engages in the financial technology and insurance business in China, Singapore, and Hong Kong. It primarily develops platforms for insurance products, and financial products and services. The company also deals in securities, futures, and options; and provides securities advisory and asset management services, as well as the Magpie Invest app that allows to trade in securities on various stock exchanges. In addition, it conducts insurance brokerage and agency businesses; and offers a range of insurance products, including automobile, property and liability, life, and health insurance products. The company was formerly known as Micronet Enertec Technologies, Inc. and changed its name to MICT, Inc. in July 2018. MICT, Inc. was incorporated in 2002 and is based in Montvale, New Jersey.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 146.04M | 55.68M | 1.17M | 477.00K | 14.16M | 18.37M | 22.75M | 23.59M | 34.24M | 35.57M | 17.79M | 10.15M | 11.11M | 9.09M | 10.46M | 9.64M | 7.84M | 7.27M | 6.18M |
| Cost of Revenue | 81.24M | 46.46M | 1.23M | 846.00K | 10.65M | 14.09M | 18.60M | 16.28M | 24.18M | 22.30M | 13.79M | 6.30M | 6.18M | 6.85M | 7.55M | 7.10M | 5.68M | 5.26M | 4.13M |
| Gross Profit | 64.79M | 9.22M | -58.00K | -369.00K | 3.51M | 4.27M | 4.15M | 7.30M | 10.06M | 13.27M | 4.00M | 3.85M | 4.93M | 2.24M | 2.91M | 2.54M | 2.16M | 2.01M | 2.05M |
| Gross Profit Ratio | 44.37% | 16.56% | -4.94% | -77.36% | 24.78% | 23.26% | 18.24% | 30.96% | 29.38% | 37.31% | 22.48% | 37.94% | 44.35% | 24.66% | 27.83% | 26.32% | 27.59% | 27.62% | 33.13% |
| Research & Development | 1.69M | 889.00K | 484.00K | 255.00K | 1.91M | 1.96M | 2.32M | 2.45M | 2.81M | 2.68M | 777.00K | 240.00K | 250.00K | 251.00K | 143.00K | 244.00K | 399.00K | 379.00K | 0.00 |
| General & Administrative | 58.17M | 36.49M | 14.23M | 3.03M | 6.35M | 4.12M | 5.93M | 4.72M | 6.29M | 4.18M | 2.24M | 1.37M | 1.54M | 1.55M | 1.84M | 1.35M | 1.23M | 0.00 | 0.00 |
| Selling & Marketing | 11.14M | 6.81M | -38.00K | 198.00K | 1.58M | 1.88M | 1.94M | 1.53M | 1.95M | 1.17M | 752.00K | 350.00K | 307.00K | 150.00K | 194.00K | 193.00K | 110.00K | 0.00 | 0.00 |
| SG&A | 69.31M | 43.30M | 14.19M | 3.23M | 7.93M | 6.00M | 7.87M | 6.25M | 8.24M | 5.35M | 3.00M | 1.72M | 1.84M | 1.70M | 2.04M | 1.54M | 1.34M | 1.39M | 1.22M |
| Other Expenses | 5.59M | 2.93M | 1.85M | 20.00K | 1.30M | 978.00K | 926.00K | 1.12M | 850.00K | 657.00K | 551.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 76.58M | 47.12M | 16.52M | 3.50M | 11.13M | 8.94M | 11.12M | 9.82M | 11.89M | 8.68M | 4.32M | 1.96M | 2.09M | 1.95M | 2.18M | 1.78M | 1.74M | 1.77M | 1.22M |
| Cost & Expenses | 157.83M | 93.57M | 17.75M | 4.35M | 21.78M | 23.04M | 29.72M | 26.11M | 36.07M | 30.98M | 18.11M | 8.25M | 8.28M | 8.80M | 9.73M | 8.89M | 7.41M | 7.03M | 5.35M |
| Interest Income | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 84.68M | 395.00K | -7.46M | -388.00K | -1.27M | -401.00K | -672.00K | -610.00K | -296.00K | -2.29M | 89.00K | 596.00K | -300.00K | 355.00K | 493.00K | -419.00K | -378.00K | 0.00 | 0.00 |
| Depreciation & Amortization | -86.09M | 3.09M | 1.78M | 88.00K | 1.42M | 1.32M | 1.37M | 1.60M | 1.38M | 984.00K | 779.00K | 66.00K | 23.00K | 65.00K | 111.00K | 144.00K | 84.00K | 148.00K | 146.00K |
| EBITDA | -11.79M | -34.74M | -29.00M | -4.50M | -1.85M | -7.25M | -5.24M | -1.56M | -816.00K | -1.31M | 6.15M | 1.94M | 1.45M | 304.00K | 792.00K | 475.00K | 103.00K | 103.00K | 550.00K |
| EBITDA Ratio | -8.07% | -62.39% | -2,472.29% | -943.40% | -13.08% | -39.45% | -23.03% | -6.61% | -2.38% | -3.68% | 34.57% | 19.16% | 13.03% | 3.34% | 7.57% | 4.93% | 1.31% | 1.42% | 8.91% |
| Operating Income | 74.29M | -37.82M | -16.58M | -3.87M | -9.09M | -4.67M | -6.97M | -2.52M | -1.84M | 4.59M | -325.00K | 1.89M | 2.83M | 292.00K | 732.00K | 756.00K | 428.00K | 238.00K | 825.00K |
| Operating Income Ratio | 50.87% | -67.94% | -1,413.38% | -811.11% | -64.16% | -25.42% | -30.64% | -10.69% | -5.36% | 12.91% | -1.83% | 18.66% | 25.49% | 3.21% | 7.00% | 7.84% | 5.46% | 3.27% | 13.36% |
| Total Other Income/Expenses | -84.68M | -1.13M | -7.38M | -884.00K | -1.27M | -401.00K | -672.00K | -610.00K | -296.00K | -2.30M | 4.72M | -611.00K | -305.00K | -404.00K | -493.00K | -419.00K | -372.00K | -269.00K | -230.00K |
| Income Before Tax | -10.39M | -38.95M | -23.96M | -4.75M | -10.35M | -5.07M | -7.64M | -3.13M | -2.13M | 2.30M | 4.39M | 1.28M | 2.53M | -112.00K | 239.00K | 337.00K | 56.00K | -31.00K | 595.00K |
| Income Before Tax Ratio | -7.12% | -69.96% | -2,042.80% | -996.44% | -73.11% | -27.61% | -33.59% | -13.27% | -6.23% | 6.46% | 24.69% | 12.64% | 22.74% | -1.23% | 2.28% | 3.50% | 0.71% | -0.43% | 9.63% |
| Income Tax Expense | -47.87M | -1.79M | -326.00K | 17.00K | 606.00K | -10.00K | -129.00K | -81.00K | 242.00K | 496.00K | -136.00K | -77.00K | 105.00K | 4.00K | 17.00K | 234.00K | 134.00K | 3.00K | 61.00K |
| Net Income | 37.47M | -37.16M | -22.99M | -4.22M | -2.61M | -8.16M | -5.81M | -2.47M | -2.14M | -495.00K | 5.42M | 1.36M | 1.62M | -120.00K | 171.00K | 97.00K | -115.00K | -48.00K | 343.00K |
| Net Income Ratio | 25.66% | -66.74% | -1,960.10% | -884.07% | -18.43% | -44.41% | -25.53% | -10.46% | -6.25% | -1.39% | 30.45% | 13.39% | 14.58% | -1.32% | 1.63% | 1.01% | -1.47% | -0.66% | 5.55% |
| EPS | 0.29 | -0.33 | -0.83 | -0.39 | -0.28 | -1.14 | -0.97 | -0.42 | -0.37 | -0.10 | 3.34 | 0.42 | 0.50 | -0.04 | 0.05 | 0.03 | -0.04 | -0.02 | 0.13 |
| EPS Diluted | 0.29 | -0.33 | -0.83 | -0.39 | -0.28 | -1.14 | -0.97 | -0.42 | -0.37 | -0.10 | 3.01 | 0.42 | 0.50 | -0.04 | 0.05 | 0.03 | -0.04 | -0.02 | 0.13 |
| Weighted Avg Shares Out | 129.35M | 112.56M | 27.62M | 10.70M | 9.17M | 7.13M | 5.97M | 5.86M | 5.83M | 5.09M | 1.62M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 2.95M | 2.74M |
| Weighted Avg Shares Out (Dil) | 129.35M | 112.56M | 27.62M | 10.70M | 9.17M | 7.13M | 5.97M | 5.86M | 5.83M | 5.09M | 1.80M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 2.95M | 2.74M |
MICT, Inc. Welcomes Robert Benton to Its Board of Directors; John Scott to Assume Role of Non-Executive Deputy Chairman
MONTVALE, N.J., April 16, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced that it has appointed seasoned financial executive Robert Benton to MICT's Board of Directors, replacing Jeff Bialos, who resigned from the Company's board of directors,...
MICT, Inc.'s (MICT) CEO Darren Mercer on Q4 2020 Results - Earnings Call Transcript
MICT, Inc.'s (MICT) CEO Darren Mercer on Q4 2020 Results - Earnings Call Transcript
MICT, Inc. Reports Fourth Quarter 2020 and Full Year Results
MONTVALE, N.J., March 31, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced its financial results for the fourth quarter and full year ended December 31, 2020.
MICT's Subsidiary Micronet Receives Commercial Order for its SmartCam Connected Product
MONTVALE, N.J., March 08, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), announced today that its majority-owned subsidiary, Micronet Ltd., (“Micronet') has received a purchase order for 2,000 units of its SmartCam connected product from a one of North...
MICT Announces Closing of $54 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
MONTVALE, N.J., March 04, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (the “Company”), today announced that it closed its previously announced registered direct offering of (i) 19,285,715 shares of common stock and (ii) 19,285,715 warrants to purchase 19,285,715 shares of common...
MICT Shares Are Trading Lower On $54M Proposed Institutional Share Sale
MICT Inc (NASDAQ: MICT) plans to raise $54 million from the sale of 19.2 million shares at $2.8 per share in a secondary institutional offering. The arrangement includes 19.2 million warrants to sell 19.2 million shares at the offer price.
Why MICT Stock Tanked Today
Get ready for 30% stock dilution, shareholders.
MICT Announces $54 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
MONTVALE, N.J., March 03, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (the "Company"), today announced it has entered into securities purchase agreements with institutional investors for the purchase and sale of (i) 19,285,715 shares of common stock and (ii) 19,285,715 warrants...
Top 5 Fintech Plays in an Emerging Market
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MICT Acquires Key License for Soon-to-Launch Stock Trading and Wealth Management Platform and Mobile App in China and Hong Kong
Hong Kong Securities and Futures Commission Approves MICT's 100% Acquisition of License Holder, Huapei Global Securities Ltd., a Hong Kong-Based Securities and Investments Firm
Source: https://incomestatements.info
Category: Stock Reports