Midwest Holding Inc.
MDWTNASDAQFinancial Services
$26.99
$-0.01(-0.02%)
Market Cap$101049110
P/E Ratio—
52W High$27.5
52W Low$12.325
Midwest Holding Inc. (MDWT) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · MDWT · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2022-12 | 2021-12 | 2020-12 | 2019-12 | 2018-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $30.05M | $30.06M | $10.58M | $3.40M | $0.88M |
| Cost of Revenue | $16.20M | $32.03M | $16547380.00M | $8.70M | $5.80M |
| Gross Profit | $13.85M | ($1.97M) | ($16547369.42M) | ($5.30M) | ($4.92M) |
| Gross Margin %(computed) | 46.10% | -6.54% | — | -155.88% | -562.08% |
| Operating Expenses | |||||
| R&D Expenses | $0.00M | $0.00M | $0.00M | $0.00M | $0.00M |
| G&A Expenses | $16.20M | $16.93M | $6.35M | $2.70M | $2.16M |
| Total Operating Expenses | $7.66M | ($46.16M) | ($23.46M) | ($11.83M) | ($5.89M) |
| Operating Income | $14.74M | ($16.10M) | ($12.88M) | ($8.43M) | ($5.02M) |
| Operating Margin %(computed) | 49.05% | -53.56% | -121.72% | -247.82% | -572.91% |
| Interest Income | $0.00M | $0.30M | $0.00M | $0.00M | $0.00M |
| Interest Expense | $6.35M | $0.00M | $0.00M | $0.01M | $0.05M |
| Income Before Tax | $8.39M | ($11.87M) | ($10.86M) | ($5.38M) | ($5.04M) |
| Income Tax Expense | $7.60M | $4.77M | $1.58M | $0.23M | $0.05M |
| Net Income | $0.79M | ($16.64M) | ($12.44M) | ($5.61M) | ($5.09M) |
| Net Margin %(computed) | 2.63% | -55.34% | -117.56% | -164.99% | -580.63% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $0.21 | $-4.45 | $-4.81 | $-4.87 | $-111.16 |
| Wtd Avg Shares | 3.74M | 3.74M | 2.55M | 1.15M | 0.05M |
| EBITDA | $20.92M | $0.00M | $0.00M | ($5.61M) | ($5.04M) |
| EBITDA Margin %(computed) | 69.63% | 0.00% | 0.00% | -164.99% | -575.15% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · M
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About Midwest Holding Inc. (MDWT) Income Statement
Midwest Holding Inc. (MDWT) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2022, MDWT reported revenue of $0.03B, gross profit of $0.01B (gross margin 46.10%), and net income of $0.00B — a net profit margin of 2.63%.
Frequently asked questions
MDWT · 4 questionsMidwest Holding Inc. (MDWT) reported revenue of $0.03B for 2022, down 0.0% year-over-year.
MDWT revenueMDWT salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08