Financials in USD. Standardized financial statements.
A compact view of how Merchants' National Properties, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $21.47M | $18.14M | $26.87M | $18.04M | $14.52M | $14.23M | $11.20M | $9.94M | $21.09M | $16.34M |
| Revenue Growth? | +18.4% | -32.5% | +48.9% | +24.3% | +2.0% | +27.1% | +12.7% | -52.9% | +29.1% | 0.0% |
| Cost of Revenue? | $8.18M | $4.89M | $0 | $4.68M | $3.11M | $3.81M | $1.99M | $1.81M | $0 | $16.32M |
| Gross Profit? | $13.29M | $13.25M | $26.87M | $13.36M | $11.42M | $10.43M | $9.21M | $8.13M | $21.09M | $16,338 |
| Gross Margin? | +61.9% | +73.1% | +100.0% | +74.1% | +78.6% | +73.3% | +82.2% | +81.8% | +100.0% | +0.1% |
| Operating Expenses? | $10.54M | $14.28M | $10.49M | $9.32M | $8.90M | $8.67M | $1.54M | $7.39M | $6.40M | $2.92M |
| Operating Income? | $2.75M | -$1.03M | $852,869 | $2.43M | $1.86M | $505,870 | $2.83M | $883,314 | $14.68M | $9.62M |
| EBITDA? | $19.96M | $2.35M | $4.60M | $5.67M | $3.73M | $2.64M | $3.87M | $1.07M | $3.25M | $9.51M |
| Income Before Tax | $14.59M | $14.91M | $16.96M | -$3.14M | $34.25M | $11.77M | $12.07M | $3.43M | $14.69M | $19.42M |
| Income Tax Expense | $5.36M | $5.10M | $4.31M | $381,260 | $8.34M | $2.30M | $1.58M | $2.55M | -$1.63M | $6.87M |
| Net Income? | $9.25M | $9.94M | $13.06M | -$3.68M | $25.98M | $9.90M | $10.44M | $18.32M | $16.30M | $12.26M |
| EPS? | $101.80 | $109.57 | $144.08 | $-40.37 | $283.50 | $107.05 | $112.36 | $196.95 | $175.15 | $131.32 |
| Diluted EPS? | $101.80 | $109.57 | $144.08 | $-40.37 | $283.50 | $107.05 | $112.36 | $196.95 | $175.15 | $131.32 |
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