Millennium Group International Holdings Limited (MGIH) Income Statement
MGIH FY2025 at a glance
Fiscal year ended June 30, 2025 · U.S. dollarsMGIH revenue and net income
Where MGIH's revenue goes
FY2025Each bar shows an amount and its share of revenue. MGIH kept −24.9% of revenue as net income.
MGIH profit margins
MGIH growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −34.2% | −27.4% | −16.0% | — |
| Gross profit | −45.7% | −34.8% | −23.3% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MGIH quarterly EPS vs estimates
Millennium Group International beat the analyst EPS estimate in 2 of the last 4 quarters. Next report: October 27, 2026.
MGIH income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | $25.3M | $38.5M | $45.6M | $66.2M | $64.6M | $60.4M |
| Cost of revenue | $20.8M | $30.2M | $36.5M | $50.0M | $47.2M | $43.4M |
| Gross profit | $4.5M | $8.3M | $9.1M | $16.3M | $17.4M | $17.0M |
| Research & development | $241,925 | $261,837 | $241,241 | $305,003 | — | — |
| Sales, general & admin | — | $14.7M | $9.6M | $4.9M | $12.3M | — |
| Total operating expenses | $10.5M | $15.2M | $10.1M | $10.7M | $12.3M | $11.5M |
| Operating income | −$6.0M | −$6.9M | −$1.1M | $5.5M | $5.1M | $5.4M |
| Interest expense | $354,412 | $958,935 | $684,358 | $425,791 | $444,747 | $544,498 |
| Income before taxes | −$6.0M | −$8.6M | −$431,413 | $5.0M | $4.5M | $5.1M |
| Income taxes | $293,092 | $206,944 | −$77,302 | $897,157 | $800,084 | $1.1M |
| Net income | −$6.3M | −$8.8M | −$354,111 | $4.1M | $3.7M | $4.0M |
| EBITDA | −$4.7M | −$6.2M | $2.0M | $7.3M | $7.0M | $7.7M |
| EPS (diluted) | −$0.56 | −$0.78 | −$0.03 | $0.26 | $0.15 | $0.16 |
| Gross margin | 17.8% | 21.6% | 19.9% | 24.6% | 26.9% | 28.1% |
| Operating margin | −23.7% | −18.0% | −2.4% | 8.4% | 7.9% | 9.0% |
| Net margin | −24.9% | −22.8% | −0.8% | 6.2% | 5.7% | 6.6% |
| Mar '26 | Sep '25 | Dec '24 | Sep '24 | Dec '23 | Sep '23 | Dec '22 | Jun '22 | Dec '21 | Jun '21 | Dec '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.9M | $11.2M | $14.1M | $14.7M | $23.8M | $19.3M | $26.3M | $30.4M | $35.9M | $30.8M | $33.8M |
| Cost of revenue | $9.7M | $9.4M | $11.3M | $12.6M | $17.6M | $16.2M | $20.4M | $23.2M | $26.8M | $23.8M | $23.4M |
| Gross profit | $1.2M | $1.8M | $2.9M | $2.1M | $6.2M | $3.1M | $5.9M | $7.2M | $9.1M | $7.0M | $10.4M |
| Total operating expenses | $4.6M | $5.1M | $5.6M | $8.6M | $6.6M | $4.8M | $5.3M | $4.8M | $5.9M | $6.1M | $6.2M |
| Operating income | −$3.5M | −$3.2M | −$2.8M | −$6.5M | −$430,840 | −$1.7M | $625,910 | $2.4M | $3.2M | $950,270 | $4.1M |
| Interest expense | $111,655 | $162,829 | $191,583 | $486,940 | $471,995 | $401,379 | $282,979 | $221,414 | $204,377 | $161,816 | $282,931 |
| Income before taxes | −$3.3M | −$3.0M | −$3.0M | −$7.5M | −$1.0M | −$1.5M | $1.1M | $2.5M | $2.5M | $820,847 | $3.6M |
| Income taxes | $64,177 | $230,402 | $62,690 | $358,454 | −$151,510 | −$210,297 | $132,995 | $332,928 | $564,229 | $113,150 | $686,934 |
| Net income | −$3.3M | −$3.2M | −$3.1M | −$7.9M | −$892,461 | −$1.3M | $967,624 | $2.1M | $1.9M | $707,697 | $3.0M |
| EBITDA | −$2.9M | −$2.4M | −$2.3M | −$6.3M | $117,833 | −$280,940 | $2.2M | $3.8M | $3.5M | $2.0M | $5.1M |
| EPS (diluted) | — | −$0.29 | — | −$0.70 | — | — | $0.36 | $0.26 | — | — | — |
| Gross margin | 10.7% | 16.4% | 20.2% | 14.4% | 26.0% | 16.2% | 22.6% | 23.7% | 25.3% | 22.7% | 30.7% |
| Operating margin | −31.9% | −28.9% | −19.7% | −44.1% | −1.8% | −8.9% | 2.4% | 7.8% | 8.9% | 3.1% | 12.3% |
| Net margin | −30.6% | −28.8% | −21.8% | −53.5% | −3.7% | −6.9% | 3.7% | 7.0% | 5.4% | 2.3% | 8.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MGIH's financial statements (latest annual report filed October 28, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MGIH financial results
In fiscal year 2025 (ended June 30, 2025), Millennium Group International reported revenue of $25.3 million, down 34.2% from the year before. It had a net loss of $6.3 million, a net profit margin of −24.9%. Diluted earnings per share came to −$0.56. Over five years revenue grew at an average rate of −16.0% a year.
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MGIH income statement FAQ
What is Millennium Group International's annual revenue?
Millennium Group International reported total revenue of $25.3 million for fiscal year 2025, which ended on June 30, 2025. That was down 34.2% from $38.5 million the previous year.
Is Millennium Group International profitable?
No. Millennium Group International reported a net loss of $6.3 million in fiscal 2025, a net profit margin of −24.9%; its operating margin was −23.7%.
What is Millennium Group International's gross margin?
Millennium Group International's gross margin was 17.8% in fiscal 2025: for every $100 of revenue, Millennium Group International kept $18 after the direct cost of its products and services.
How much does Millennium Group International spend on research and development?
Millennium Group International spent $0.2 million on research and development in fiscal 2025, 1.0% of revenue.
How fast is Millennium Group International growing?
Revenue grew −16.0% a year on average over the last five fiscal years, from $60.4 million to $25.3 million.
What are Millennium Group International's earnings per share?
Millennium Group International earned $-0.56 per diluted share in fiscal 2025, compared with $-0.78 a year earlier.
When will Millennium Group International report its next earnings?
Millennium Group International is expected to report results for the quarter ending September 30, 2026 on October 27, 2026.
When does Millennium Group International's fiscal year end?
Millennium Group International's fiscal year ends in June. The latest annual report covers the year ended June 30, 2025 and was filed on October 28, 2025.