MingZhu Logistics Holdings Operating Expenses Growth & History (YGMZF)
MingZhu Logistics Holdings's operating expenses was $44.5M for fiscal 2024.
View full MingZhu Logistics Holdings company overviewMingZhu Logistics Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $44.5M | −$43.7M | −49.56% |
| 2023 | 2023-12-31 | $88.2M | $24.5M | +38.57% |
| 2022 | 2022-12-31 | $63.6M | $45.8M | +256.45% |
| 2021 | 2021-12-31 | $17.8M | $464,579 | +2.67% |
| 2020 | 2020-12-31 | $17.4M | −$9.4M | −34.98% |
| 2019 | 2019-12-31 | $26.7M | $3.1M | +13.23% |
| 2018 | 2018-12-31 | $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.
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.
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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