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MARKETS / NASDAQ / MGIH
NASDAQ · COMMERCIAL PRINTING · SMALL CAP

Millennium Group International Holdings Ltd. MGIH

5 fiscal years on record · USD · FY2024 reported · SEC filings only
$25.3M
▼ 34.2% YoY
$-6.3M
$-3.7M
In brief

What this company does

We are a third-generation family-owned business and our history can be traced back to 1978 when Mr. Yee Cheong Lai, our founder, engaged in the sale of Corrugated Paper in Hong Kong with a vision to becoming a one-stop integrated services provider for paper related packaging products. Founded in 1978, we are a long-established total paper-based packaging solutions supplier. We are headquartered in Hong Kong with operations in the PRC and Vietnam. We operate two production facilities situated in Guangdong Province of the PRC and Vietnam respectively. We also operate a supply chain management business in Vietnam to service our global clients who source their packaging needs from Vietnam and other ASEAN countries. We have diversified our business segments beyond the sale of Corrugated Paper to production and sale of packaging products and corrugated products with deliveries to, among others, PRC, Hong Kong, Vietnam, Myanmar, Australia, Indonesia, Cambodia, Taiwan, Thailand, United States, India and Germany during as of the date hereof. We have established a dedicated research and development department comprising 40 staff members as of June 30, 2025.

Written from the business description in Millennium Group International Holdings Limited's annual report to the U.S. Securities and Exchange Commission, filed 28 October 2025. Every sentence was checked against that document before publication.

Growth
USD 25.3M
Revenue, FY2024 · full 5-year series below
Revenue $M Net income $M
FY2024 · Revenue 25.3 · Net income -6.3
25.0M50.0M-4.0M-8.0M20202021202220232024
Compound annual growth
−27.4%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−25 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -23.7% · Net -24.9%
5%-10%-20%20202021202220232024
ROE
FY2024 · ROE -22.6%
5%10%-10%-20%20202021202220232024

Each USD of equity lost 23 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -3.7
4.0M-2.5M-5.0M20202021202220232024
Net buybacks $M Dividends $M
FY2021 · Dividends 8.9 · Net buybacks —
4M8M2021

Total assetsUSD 36.2M
EquityUSD 24.9M
CashUSD 10.7M
Gross debtUSD 12.2M
Net debtUSD 1.5M
Current ratio1.87×

Net debt stands at 6% of equity.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20242023202220212020
Revenue $B0.00.00.00.10.1
Operating income $B−0.0−0.0−0.00.00.0
EBITDA $B−0.0−0.00.00.00.0
Income tax $B0.00.0−0.00.00.0
Net income $B−0.0−0.0−0.00.00.0
Free cash flow $B−0.0−0.00.00.00.0
EPS, diluted $−0.56−0.78−0.030.410.37
Dividend / sh $·····
Payout %···217·
ROE %−22.6−24.7−0.911.612.0
Shares out B0.010.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 72 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCommercial Printing
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsJune 30
SEC categoryemerging growth company
Data on record since2020

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