Studio City International Holdings Limited (MSC) — Financial statements
Income statement, balance sheet, and cash flow for Studio City International Holdings Limited — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 695↑8.7% | 639↑43.5% | 446↑3758.1% | 12↓89.2% | 107 | |
| Cost of Revenue | 439↑95.9% | 224↑29.8% | 173↑119.1% | 79↓4.2% | 82 | |
| Gross Profit | 256↓38.4% | 415↑52.1% | 273↑506.2% | -67↓373.0% | 25 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 171↑48.7% | 115↑44.4% | 80↓8.9% | 88 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 183↑7.1% | 171↑48.7% | 115↑44.4% | 80↓8.9% | 88 | |
| Other Expenses | 2↓99.0% | 206↑10.2% | 187↑43.5% | 130↑1.2% | 129 | |
| Operating Expenses | 185↓50.8% | 377↑24.9% | 302↑43.8% | 210↓2.9% | 216 | |
| Total Costs & Expenses | 624↑3.8% | 601↑26.6% | 475↑64.3% | 289↓3.2% | 298 | |
| Operating Results | ||||||
| Operating Income | 71↑84.9% | 38↑231.4% | -29↑89.5% | -277↓44.7% | -192 | |
| Depreciation & Amortization | 212↑3.4% | 205↑21.1% | 169↑33.4% | 127↓0.5% | 128 | |
| EBITDA | 283↑17.6% | 240↑57.2% | 153↑207.9% | -142↓68.9% | -84 | |
| EBIT | 71↑100.9% | 35↑311.6% | -17↑93.8% | -269↓27.0% | -211 | |
| Interest & Other Income | ||||||
| Net Interest Income | -127↑1.8% | -130↓9.0% | -119↓38.4% | -86↑2.2% | -88 | |
| Interest Income | 0.91↓77.5% | 4↓62.0% | 11↑66.1% | 6↑110.0% | 3 | |
| Interest Expense | 128↓4.1% | 134↑3.1% | 130↑40.3% | 92↑1.5% | 91 | |
| Non-Operating Income | 0.00↓100.0% | 3↑124.4% | -12↓43.9% | -9↓143.4% | 20 | |
| Other Income / Expenses | -127↑6.9% | -137↓16.7% | -117↓39.9% | -84↑24.5% | -111 | |
| Income Before Tax | -57↑42.4% | -98↑32.6% | -146↑59.5% | -361↓19.3% | -302 | |
| Income Tax Expense | 8↑3.5% | 7↑9176.5% | -0.08↓121.2% | 0.38↑183.6% | -0.46 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -64↑39.2% | -106↑27.6% | -146↑59.6% | -361↓19.6% | -302 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -59↑39.2% | -97↑27.6% | -134↑59.1% | -326↓29.3% | -253 | |
| Bottom-Line Net Income | -59↑39.2% | -97↑27.6% | -134↑59.1% | -326↓29.3% | -253 | |
| EPS (Basic) | -1.24↑38.0% | -2.00↑27.5% | -2.76↑62.5% | -7.36↑32.6% | -10.92 | |
| EPS (Diluted) | -1.24↑38.0% | -2.00↑27.5% | -2.76↑62.5% | -7.36↑32.6% | -10.92 | |
| Weighted Average Shares | 48↑0.0% | 48↑0.0% | 48↑8.4% | 44↑91.9% | 23 | |
| Weighted Average Diluted Shares | 48↑0.0% | 48↑0.0% | 48↓1.6% | 49↑111.4% | 23 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.