Financial statements Mj Investments
Revenue and profit of MJ INVESTMENTS
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 19 439,05 | 41 234,89 | 8 988,91 | 11 236,48 | 44 354,35 | 400 017,76 |
| Operating activity costs | 316 245,23 | 350 479,44 | 508 504,13 | 1 065 152,70 | 4 560 531,80 | 9 240 486,79 |
| Sales profit | -296 806,18 | -309 244,55 | -499 515,22 | -1 053 916,22 | -4 516 177,45 | -8 840 469,03 |
| Other operating income | 1,36 | 10,05 | 102,47 | 35,12 | 58 372,31 | 579 134,17 |
| Other operating expenses | 976 281,45 | 370 699,07 | 582 490,67 | 1 014 616,44 | 1 695 059,29 | 61 931 487,46 |
| Operating profit (loss) | -1 273 086,27 | -679 933,57 | -1 081 903,42 | -2 068 497,54 | -6 152 864,43 | -70 192 822,32 |
| Gross profit (loss) | 51 986 316,00 | 42 123 933,03 | 22 050 943,81 | 454 668 942,25 | 86 743 237,64 | -55 592 007,47 |
| Net profit (loss) | 51 986 316,00 | 42 164 547,07 | 21 683 320,23 | 366 657 074,58 | 74 509 844,32 | -48 989 228,34 |
Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.
- Sales Revenue - Revenue obtained from the sale of goods, products, or services during a given reporting period.li>
- Cost of Goods Sold - Costs directly related to the production or purchase of the products, goods, or services sold.
- Gross Profit from Sales - The difference between sales revenue and the cost of goods sold.
- Income Tax - The amount of income tax payable on gross profit in accordance with tax regulations.
- Net Profit - The profit after deducting all costs, including income tax.
- Amortization - Amortization is an accounting method used to gradually reduce the book value of a loan or intangible asset over a specific time frame. For loans, it involves distributing payments across the repayment period. When applied to assets, amortization functions similarly to depreciation.
- Employee Costs - Costs related to salaries, social benefits, and other employment-related expenses.
- Selling Costs - Costs related to sales activities, including expenses for advertising, marketing, transportation, etc.
- General Administrative Costs - Costs related to maintaining the company's operational activities, including administrative expenses.
- Operating Profit (EBIT) - Profit before deducting interest and taxes, calculated as the difference between revenue and operating costs.
- Financial Income - Income earned from financial activities, such as interest, dividends, and gains from securities.
- Financial Costs - Costs related to financial activities, such as interest on loans and losses from trading securities.
- Gross Profit - Profit before taxation, taking into account the company's operating and financial activities.
- Other Operating Income - Income related to operating activities that do not directly result from sales, such as the sale of assets.
- Other Operating Costs - Costs related to operating activities that are not directly tied to the core business, such as losses from the sale of assets.
- Interest Income - Income earned from interest on bank deposits, bonds, or other financial instruments.
- Interest Costs - Costs incurred from interest on loans, borrowings, or bonds.
- Earnings Per Share (EPS) -
- - Profit attributable to one common share, calculated as net profit divided by the number of shares.
- Profit Before Tax - Profit earned after accounting for all operating and financial costs, but before tax deduction.
- Gain on Sale of Assets - Profit earned from the sale of fixed assets or other components of the company's property.
- External Services Costs - Costs related to services provided by external entities, such as transportation, repair, or consulting services.
- Compensation and Penalty Costs - Costs incurred for the payment of compensation, contractual penalties, or other liabilities arising from court or administrative decisions.
- Grants and Subsidies - Income earned from grants, subsidies, or other forms of financial support received from the government or other institutions.
- Research and Development (R&D) Costs - Costs incurred for research and development activities aimed at innovation and improving products or services.
- Bank Fees and Commissions - Costs incurred for bank services, including account management, financial transaction processing, and other banking services.
- License Income - Income earned from granting licenses for the use of intellectual property rights, such as patents or trademarks.
- Promotion and Advertising Costs - Costs related to marketing activities, promotion, and advertising of products or services.