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Medinotec Inc. (MDNC)

For the quarter ending 2024-11-30, MDNC made $2,565,048 in revenue. $481,474 in net income. Net profit margin of 18.77%.

Overview

Revenue
$2,565,048
Net Income
$481,474
Net Profit Margin
18.77%
EPS
$0.03
Unit: Dollar
Revenue Breakdown
    • Cost of goods sold
    • Income/(loss) from operations
    • General and administrative expen...
    • Others

Unit: Dollar
2024-11-30
2024-08-31
Revenues2,565,048 1,804,020
Cost of goods sold1,524,272 970,608
Gross profit1,040,776 833,412
Selling expenses45,632 22,443
Research and development expenses69,270 1,892
General and administrative expenses379,217 353,808
Depreciation expense19,206 19,522
Operating expenses513,325 397,665
Operating income (loss)527,451 435,747
Other revenue/(expense)- 14,154
Interest expense- -47,085
Interest income- 15,420
Provision for impairment of note receivable- -13,207
Total non-operating income and expenses-45,977 -30,718
Income (loss) from continuing operations before income taxes, noncontrolling interest481,474 284,749
Deferred income taxes- 9,599
Current income taxes- 110,681
Net income/(loss)- 284,749
Basic eps0.03 0.02
Unit: Dollar

Income Statement

DownloadDownload image
Revenues$2,565,048 Gross profit$1,040,776 Cost of goods sold$1,524,272 Operating income (loss)$527,451 Operating expenses$513,325 Income (loss) fromcontinuing operations...$481,474 Total non-operatingincome and expenses-$45,977 Depreciation expense$19,206 General andadministrative expenses$379,217 Research and developmentexpenses$69,270 Selling expenses$45,632