$YGMZF
MingZhu Logistics Holdings Ltd
CIK:0001782037|SEC Filings
Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income - USD ($) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|||
| Revenues | $ 40,429,750 | $ 89,002,243 | $ 63,515,071 | ||
| Costs and expenses | |||||
| General and administrative expenses | 4,418,262 | 1,865,856 | 2,706,303 | ||
| Sales and marketing expenses | 409,065 | 359,352 | 109,346 | ||
| Total costs and expenses | 44,464,281 | 88,153,345 | 63,615,123 | ||
| (Loss) Income from operations | (4,034,531) | 848,898 | (100,052) | ||
| Other (expenses) income | |||||
| Interest expenses | (369,012) | (450,323) | (789,306) | ||
| Other expenses | (1,973,039) | (33,372) | (45,522) | ||
| Other income | 201,517 | 268,454 | 1,102,722 | ||
| Total other expenses, net | (2,140,534) | (215,240) | 267,894 | ||
| Share of income of equity method investees | 21,965 | ||||
| (Loss) income before income taxes | (6,153,100) | 633,658 | 167,842 | ||
| Provision for income taxes | 34,411 | 268,567 | 226,169 | ||
| Net (loss) income from continuing operations | (6,187,511) | 365,091 | (58,327) | ||
| Discontinued operations | |||||
| Loss on disposal of discontinued operations | (8,368,757) | ||||
| Income/(loss) from discontinued operations | (1,576,094) | 1,954,515 | |||
| (Loss)/income from discontinued operations | (9,944,851) | 1,954,515 | |||
| Net (loss) income | (6,187,511) | (9,579,760) | 1,896,188 | ||
| Other comprehensive (loss) income | |||||
| Foreign currency translation adjustment | (284,080) | (86,450) | (1,409,431) | ||
| Comprehensive (loss) income | $ (6,471,591) | $ (9,666,210) | $ 486,758 | ||
| Weighted average shares used in computation: | |||||
| Basic (in Shares) | [1] | 4,733,972 | 3,212,717 | 2,678,735 | |
| Diluted (in Shares) | [1] | 4,733,972 | 3,212,717 | 2,610,680 | |
| Earnings per share - basic (in Dollars per share) | [1] | $ (1.31) | $ (2.98) | $ 0.71 | |
| Earnings per share - diluted (in Dollars per share) | [1] | $ (1.31) | $ (2.98) | $ 0.73 | |
| Trucking Services | |||||
| Revenues | $ 30,233,927 | $ 68,400,751 | $ 36,461,922 | ||
| Costs and expenses | |||||
| Costs and expenses | 29,986,007 | 66,540,754 | 34,789,989 | ||
| Liquor Distributions | |||||
| Costs and expenses | |||||
| Costs and expenses | 4,962 | 48,238 | |||
| Car Owner Services | |||||
| Costs and expenses | |||||
| Costs and expenses | $ 9,645,985 | $ 19,339,145 | $ 26,009,485 | ||
| |||||