mmcp: the income statement

MyFinsight

Mag Mile Capital, Inc. (MMCP)

For the quarter ending 2025-06-30, MMCP made $706,875 in revenue. -$65,584 in net income. Net profit margin of -9.28%.

Unit: Dollar

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Revenue	706,875	-	254,550	1,264,300
Commission expense-Related Party	49,500	-	-	-
Commission expense-Nonrelated Party	364,301	-	-	-
Commissionexpense	-	-	467,047	530,278
Gross margin	293,074	256,080	-212,497	734,022
Professional fees	24,066	25,813	13,900	32,300
General and administrative	193,030	147,722	144,804	130,537
Payroll expense	139,369	70,638	77,120	88,129
Total operating expenses	356,465	244,173	235,824	250,966
Income (loss) from operations	-63,391	11,907	-448,321	483,056
Interest expense	2,193	2,193	2,194	2,193
Total other expense	-2,193	-2,193	-2,194	-2,193
Net income (loss) before income tax	-65,584	9,714	-450,515	480,863
Income tax	-	-	-	-
Net income (loss)	-65,584	9,714	-450,515	480,863

Income (loss) per share, basic	-	-	-	-
Income (loss) per share, diluted	-	-	-	-
Weighted average shares outstanding, basic	100,055,935	100,055,935	100,055,935	100,055,935
Weighted average shares outstanding, diluted	105,055,935	100,055,935	100,055,935	105,055,935

Unit: Dollar