MingZhu Logistics Holdings Operating Expenses Growth & History (YGMZF)

MingZhu Logistics Holdings's operating expenses was $44.5M for fiscal 2024.

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MingZhu Logistics Holdings annual operating expenses history

MingZhu Logistics Holdings annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20242024-12-31$44.5M−$43.7M−49.56%
20232023-12-31$88.2M$24.5M+38.57%
20222022-12-31$63.6M$45.8M+256.45%
20212021-12-31$17.8M$464,579+2.67%
20202020-12-31$17.4M−$9.4M−34.98%
20192019-12-31$26.7M$3.1M+13.23%
20182018-12-31$23.6M

MingZhu Logistics Holdings operating expenses trends

Over the last five fiscal years, MingZhu Logistics Holdings's operating expenses increased from $26.7M to $44.5M, a change of $17.7M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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