Financials in USD. Standardized financial statements.
A compact view of how Miami International Holdings, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue? | $1.36B | $1.14B | $1.04B | $797.92M | $751.54M | $452.45M |
| Revenue Growth? | +19.6% | +9.5% | +30.5% | +6.2% | +66.1% | 0.0% |
| Cost of Revenue? | $992.30M | $864.43M | $808.54M | $602.28M | $570.20M | $355.93M |
| Gross Profit? | $371.77M | $275.64M | $232.47M | $195.63M | $181.34M | $96.53M |
| Gross Margin? | +27.3% | +24.2% | +22.3% | +24.5% | +24.1% | +21.3% |
| Operating Expenses? | $335.22M | $278.47M | $235.34M | $190.29M | $157.62M | $0 |
| Operating Income? | $36.55M | -$2.83M | -$2.87M | $5.34M | $23.72M | -$23.88M |
| EBITDA? | -$26.31M | $142.40M | $17.84M | $92.31M | -$50.22M | -$6.52M |
| Income Before Tax | -$68.58M | $105.08M | -$22.07M | $50.11M | -$90.58M | -$44.89M |
| Income Tax Expense | $1.45M | $3.10M | -$697,000 | -$7.22M | $2.98M | -$12.82M |
| Net Income? | -$70.03M | $102.12M | -$20.89M | $57.55M | -$93.41M | -$31.89M |
| EPS? | $-1.00 | $1.29 | $-0.26 | $0.72 | $-1.18 | $-0.40 |
| Diluted EPS? | $-1.00 | $1.29 | $-0.26 | $0.72 | $-1.18 | $-0.40 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality