Millennium Group International Holdings Depreciation & Amortization Growth & History (MGIH)

Millennium Group International Holdings's depreciation and amortization was $980,202 for fiscal 2025.

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Millennium Group International Holdings annual depreciation and amortization history

Millennium Group International Holdings annual depreciation and amortization

Fiscal yearPeriod endedDepreciation and amortizationChangeGrowth
20252025-06-30$980,202−$418,660−29.93%
20242024-06-30$1.4M−$303,469−17.83%
20232023-06-30$1.7M−$233,730−12.07%
20222022-06-30$1.9M−$198,461−9.30%
20212021-06-30$2.1M

Millennium Group International Holdings depreciation and amortization trends

Between the periods ended 2021-06-30 and 2025-06-30, Millennium Group International Holdings's depreciation and amortization decreased from $2.1M to $980,202, a change of −$1.2M.

About the metric

What depreciation and amortization mean

Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.

Calculation and source

Reported depreciation and amortization

TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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