mgsd: the income statement

MyFinsight

For the quarter ending 2025-06-30, MGSD made $82,485 in revenue. -$37,503 in net income. Net profit margin of -45.47%.

Unit: Dollar

Income Statement	2025-06-30	2025-03-31	2024-12-31	2024-06-30
Revenue	82,485	71,892	1,022,155	260,916
Cost of revenue	48,453	44,878	642,347	90,569
Gross profit	34,032	27,014	379,808	170,347
Selling, general and administrative expenses	75,750	152,280	105,915	71,006
Income from operations	-41,718	-125,266	273,893	99,341
Other income (expense)	0	-	-	-
Income before provision for income taxes	-41,718	-125,266	273,893	99,341
Provision for income taxes	0	-	106,900	5,662
Net income	-41,718	-125,266	166,993	93,679
Foreign currency translation adjustment	4,215	1,835	-8,573	-394
Comprehensive income	-37,503	-123,431	158,420	93,285

Basic earnings per share (in dollars per share)	-0.001	-0.002	0.003	0.002
Diluted earnings per share (in dollars per share)	-0.001	-0.002	0.003	0.002
Diluted weighted-average number of shares outstanding	60,500,000	60,188,889	60,000,000	60,000,000
Weighted average number of shares outstanding (in shares)	60,500,000	60,188,889	60,000,000	60,000,000