MFS Municipal Income Trust (MFM) Financial Statements
Price: $5.03
Market Cap: $207.17M
Avg Volume: 130.31K
Market Cap: $207.17M
Avg Volume: 130.31K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Industry: Asset Management - Income
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of MFS Municipal Income Trust.
Income Statement
| Breakdown | October 31, 2024 | October 31, 2023 | October 31, 2022 | October 31, 2021 | October 31, 2020 | October 31, 2019 | October 31, 2018 | October 31, 2017 | October 31, 2016 | October 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46.87M | $16.68M | $-67.91M | $24.55M | $-1.30M | $29.64M | $3.46M | $9.09M | $22.04M | $22.23M |
| Cost of Revenue | $- | $2.37M | $2.64M | $2.88M | $2.79M | $2.90M | $2.96M | $3.08M | $4.99M | $4.72M |
| Gross Profit | $46.87M | $14.31M | $-70.55M | $21.67M | $-4.09M | $26.73M | $495.06K | $6.02M | $17.05M | $17.51M |
| Gross Profit Ratio | 100.00% | 85.79% | 103.89% | 88.26% | 314.93% | 90.20% | 14.31% | 66.17% | 77.34% | 78.77% |
| Research and Development Expenses | $- | $- | $-6 | $1 | $-0 | $1 | $0 | $0 | $- | $- |
| General and Administrative Expenses | $410.65K | $372.26K | $360.60K | $361.39K | $392.95K | $410.11K | $394.85K | $404.35K | $3.51M | $3.47M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $410.65K | $372.26K | $360.60K | $361.39K | $392.95K | $410.11K | $394.85K | $404.35K | $3.51M | $3.47M |
| Other Expenses | $-265.33K | $- | $-8.90K | $40.37K | $-104.08K | $-149.24K | $41.19M | $41.19M | $286.27K | $245.06K |
| Operating Expenses | $145.32K | $2.62M | $351.70K | $401.76K | $288.87K | $260.87K | $225.37K | $320.14K | $2.89M | $4.13M |
| Cost and Expenses | $145.32K | $2.62M | $351.70K | $401.76K | $288.87K | $260.87K | $225.37K | $320.14K | $2.89M | $4.13M |
| Interest Income | $16.86M | $16.41M | $15.23M | $16.27M | $17.57M | $20.54M | $21.51M | $21.74M | $- | $- |
| Interest Expense | $5.19M | $4.80M | $2.05M | $1.34M | $2.18M | $3.28M | $3.05M | $2.32M | $6.40M | $1.53M |
| Depreciation and Amortization | $- | $-14.06M | $-12.44M | $-13.17M | $-14.59M | $-17.46M | $-18.39M | $-18.49M | $-18.53M | $-18.76M |
| EBITDA | $- | $-8.10M | $-78.66M | $- | $-1.59M | $- | $- | $- | $- | $- |
| EBITDA Ratio | 0.00% | -48.56% | 115.82% | 0.00% | 122.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $46.72M | $14.06M | $-66.21M | $24.15M | $-1.59M | $29.38M | $3.23M | $8.77M | $18.53M | $18.76M |
| Operating Income Ratio | 99.69% | 84.27% | 97.50% | 98.36% | 122.25% | 99.12% | 93.49% | 96.48% | 84.06% | 84.38% |
| Total Other Income Expenses Net | $- | $-12.90M | $-68.26M | $- | $-16.18M | $- | $-15.15M | $-9.72M | $4.59M | $-2.19M |
| Income Before Tax | $46.72M | $1.16M | $-68.26M | $24.15M | $-1.59M | $29.38M | $3.23M | $8.77M | $23.12M | $16.56M |
| Income Before Tax Ratio | 99.69% | 6.97% | 100.52% | 98.36% | 122.25% | 99.12% | 93.49% | 96.48% | 104.89% | 74.52% |
| Income Tax Expense | $- | $- | $12.44M | $11.83M | $12.40M | $14.18M | $-161.14K | $11.09M | $4.59M | $-2.19M |
| Net Income | $46.72M | $1.16M | $-68.26M | $24.15M | $-1.59M | $29.38M | $3.23M | $8.77M | $23.11M | $16.56M |
| Net Income Ratio | 99.69% | 6.97% | 100.52% | 98.36% | 122.25% | 99.12% | 93.49% | 96.48% | 104.83% | 74.47% |
| EPS | $1.14 | $0.03 | $-1.66 | $0.59 | $-0.04 | $0.71 | $0.08 | $0.21 | $0.56 | $0.40 |
| EPS Diluted | $1.14 | $0.03 | $-1.66 | $0.59 | $-0.04 | $0.71 | $0.08 | $0.21 | $0.56 | $0.40 |
| Weighted Average Shares Outstanding | 41.19M | 41.19M | 41.19M | 41.19M | 41.19M | 41.19M | 40.43M | 41.19M | 41.19M | 41.19M |
| Weighted Average Shares Outstanding Diluted | 40.99M | 41.19M | 41.19M | 41.19M | 41.19M | 41.19M | 40.43M | 41.78M | 41.19M | 41.19M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | October 31, 2024 | October 31, 2023 | October 31, 2022 | October 31, 2021 | October 31, 2020 | October 31, 2019 | October 31, 2018 | October 31, 2017 | October 31, 2016 | October 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.23K | $2.65K | $2.65K | $- | $- | $- | $121.90K | $143.10K | $- | $320.97K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.23K | $2.65K | $2.65K | $- | $- | $- | $121.90K | $143.10K | $- | $320.97K |
| Net Receivables | $6.08M | $5.70M | $5.98M | $8.07M | $6.29M | $7.84M | $371.41K | $8.86M | $7.52M | $7.15M |
| Inventory | $- | $- | $947.65K | $- | $- | $- | $-6.36M | $2.02M | $- | $1 |
| Other Current Assets | $37.53K | $18.72K | $- | $- | $- | $2.46K | $163.31K | $143.10K | $198.75K | $180.20K |
| Total Current Assets | $6.12M | $5.72M | $5.99M | $8.07M | $6.29M | $7.84M | $371.41K | $8.86M | $7.71M | $7.65M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $365.30M | $330.85M | $334.57M | $415.17M | $401.06M | $420.19M | $405.75M | $418.19M | $425.04M | $415.92M |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $6.67K | $- | $-334.57M | $-415.17M | $-401.06M | $-420.19M | $-405.75M | $-418.19M | $6.68K | $63.41K |
| Total Non-Current Assets | $365.31M | $330.85M | $334.57M | $415.17M | $401.06M | $420.19M | $405.75M | $418.19M | $425.05M | $415.98M |
| Other Assets | $-37.53K | $6.70K | $6.70K | $6.71K | $6.67K | $6.70K | $6.86M | $149.81K | $- | $- |
| Total Assets | $371.39M | $336.58M | $340.56M | $423.24M | $407.36M | $428.04M | $412.98M | $427.21M | $432.77M | $423.63M |
| Account Payables | $3.90M | $5.93M | $2.22M | $5.86M | $1.42M | $1.26M | $1.65M | $4.03M | $2.04M | $479.52K |
| Short Term Debt | $- | $113.74M | $113.65M | $254 | $- | $- | $- | $- | $6.42M | $6.26M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-111.38M | $5.86M | $-112.33M | $-4.99M | $-6.25M | $8.08M | $- | $- |
| Other Current Liabilities | $-3.90M | $3.03K | $-115.87M | $-5.86M | $-1.42M | $-1.26M | $6.37M | $-12.11M | $469.89K | $381.00K |
| Total Current Liabilities | $- | $119.68M | $2.27M | $5.86M | $1.42M | $1.26M | $7.92M | $14.34M | $8.93M | $7.12M |
| Long Term Debt | $- | $- | $- | $113.57M | $113.75M | $113.75M | $113.75M | $113.70M | $113.66M | $106.47M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $1.84K | $- | $-113.57M | $-113.75M | $-113.75M | $-113.75M | $-113.70M | $21.86K | $21.62K |
| Total Non-Current Liabilities | $- | $1.84K | $2.27M | $119.65M | $115.31M | $113.75M | $113.76M | $4.97K | $113.69M | $106.50M |
| Other Liabilities | $117.81M | $114.21K | $111.52M | $-119.65M | $-115.31M | $-113.75M | $104.30K | $109.79M | $- | $- |
| Total Liabilities | $117.81M | $119.79M | $116.06M | $5.86M | $1.42M | $1.26M | $121.79M | $124.13M | $122.62M | $113.62M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $7.28M |
| Common Stock | $280.19M | $280.25M | $280.34M | $280.42M | $280.45M | $280.45M | $283.93M | $291.40M | $297.11M | $300.61M |
| Retained Earnings | $-26.61M | $-63.47M | $-55.84M | $23.17M | $11.60M | $26.21M | $7.26M | $2.43M | $13.04M | $2.13M |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $-0 | $- | $0 | $-0 | $-0 | $20.13M | $-0 | $0 |
| Other Total Stockholders Equity | $- | $0 | $0 | $- | $- | $- | $- | $0 | $- | $- |
| Total Stockholders Equity | $253.58M | $216.79M | $224.50M | $303.60M | $292.05M | $306.65M | $291.19M | $303.08M | $310.15M | $310.01M |
| Total Equity | $253.58M | $216.79M | $224.50M | $303.60M | $292.05M | $306.65M | $291.19M | $303.08M | $310.15M | $310.01M |
| Total Liabilities and Stockholders Equity | $371.39M | $336.58M | $340.56M | $423.24M | $407.36M | $428.04M | $412.98M | $427.21M | $432.77M | $423.63M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $371.39M | $336.58M | $340.56M | $423.24M | $407.36M | $428.04M | $412.98M | $427.21M | $432.77M | $423.63M |
| Total Investments | $365.30M | $330.85M | $334.57M | $415.17M | $401.06M | $420.19M | $405.75M | $418.19M | $425.04M | $415.92M |
| Total Debt | $- | $113.74M | $113.65M | $113.57M | $113.75M | $113.75M | $113.75M | $113.70M | $120.09M | $112.74M |
| Net Debt | $-1.23K | $113.74M | $113.65M | $113.57M | $113.75M | $113.75M | $113.63M | $113.56M | $120.09M | $112.42M |
Cash Flow Statement
| Breakdown | October 31, 2024 | October 31, 2023 | October 31, 2022 | October 31, 2021 | October 31, 2020 | October 31, 2019 | October 31, 2018 | October 31, 2017 | October 31, 2016 | October 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $46.72M | $1.16M | $-68.26M | $24.15M | $-1.59M | $29.38M | $3.23M | $8.77M | $23.12M | $16.56M |
| Depreciation and Amortization | $- | $85.55K | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-38.77K | $196.29K | $227.71K | $336.10K | $540.54K | $314.71K | $163.96K | $29.57K | $129.28K | $12.60K |
| Accounts Receivables | $-130.21K | $-241.80K | $412.21K | $281.25K | $710.59K | $333.23K | $1.69M | $-1.36M | $49.71K | $-6.49K |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $-4.97K | $-23.19K | $- | $- |
| Other Working Capital | $91.44K | $438.09K | $-184.50K | $54.85K | $-170.05K | $-18.52K | $-1.52M | $1.39M | $79.57K | $19.08K |
| Other Non Cash Items | $-36.74M | $7.43M | $78.88M | $-11.67M | $7.82M | $-15.89M | $11.72M | $7.05M | $-7.75M | $-56.08K |
| Net Cash Provided by Operating Activities | $9.95M | $8.87M | $10.85M | $12.82M | $6.77M | $13.80M | $15.12M | $15.85M | $15.50M | $16.52M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-97.12M | $-83.13M | $-62.25M | $-100.85M | $-81.95M | $-76.60M | $-68.27M | $- | $- |
| Sales Maturities of Investments | $- | $101.27M | $83.35M | $58.69M | $100.14M | $82.18M | $70.58M | $72.56M | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $225.94K | $-3.56M | $-706.85K | $230.25K | $-6.02M | $4.29M | $- | $- |
| Debt Repayment | $- | $- | $- | $-203.28K | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $203.28K | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-17.10M | $- | $- | $-113.75M | $- | $- | $- | $- | $7.28M | $- |
| Dividends Paid | $-9.92M | $-8.87M | $-10.84M | $-12.61M | $-13.02M | $-13.92M | $-15.12M | $-15.85M | $-15.71M | $-16.20M |
| Other Financing Activities | $-30.00K | $- | $-254 | $- | $6.25M | $- | $- | $- | $-107.31K | $- |
| Net Cash Used Provided by Financing Activities | $-9.95M | $-8.87M | $-10.84M | $-12.82M | $-6.77M | $-13.92M | $-15.12M | $-15.85M | $-15.82M | $-16.20M |
| Effect of Forex Changes on Cash | $- | $- | $-225.94K | $- | $- | $-230.25K | $- | $- | $- | $- |
| Net Change in Cash | $-1.43K | $3 | $2.65K | $-3.56M | $-706.85K | $-121.90K | $-21.20K | $4.29M | $-320.98K | $320.97K |
| Cash at End of Period | $1.23K | $2.65K | $2.65K | $-3.56M | $-706.85K | $- | $121.90K | $143.10K | $-10 | $320.97K |
| Cash at Beginning of Period | $2.65K | $2.65K | $- | $- | $- | $121.90K | $143.10K | $-4.15M | $320.97K | $- |
| Operating Cash Flow | $9.95M | $8.87M | $10.85M | $12.82M | $6.77M | $13.80M | $15.12M | $15.85M | $15.50M | $16.52M |
| Capital Expenditure | $- | $-1 | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $9.95M | $8.87M | $10.85M | $12.82M | $6.77M | $13.80M | $15.12M | $15.85M | $15.50M | $16.52M |