Millennium Group International Holdings Limited (MGIH) Revenue History
Annual and quarterly revenue from 2020 to present
MGIH Revenue Over Time (2020–2025)
MGIH Revenue Growth History
2 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +6.9%
- FY2022 revenue growth
- +2.6%
- FY2023 revenue growth
- -31.2%
- FY2024 revenue growth
- -15.5%
- FY2025 revenue growth
- -34.2%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $11.2M | -24.0% |
| Q2 2025 | $14.1M | -40.6% |
| Q4 2024 | $14.7M | -23.6% |
| Q2 2024 | $23.8M | -9.6% |
| Q4 2023 | $19.3M | -36.6% |
| Q2 2023 | $26.3M | -26.6% |
| Q4 2022 | $30.4M | -1.4% |
| Q2 2022 | $35.9M | — |
Revenue Breakdown
MGIH's revenue distribution by segment and geography
By Geography
MGIH Revenue Analysis (2020–2025)
Current Revenue & Growth
As of June 28, 2026, Millennium Group International Holdings Limited (MGIH) generated trailing twelve-month (TTM) revenue of $63.9 million, reflecting significant decline in growth of -24.0% year-over-year. The most recent quarter (Q4 2025) recorded $11.2 million in revenue, down 20.9% sequentially.
Historical Growth Trajectory
MGIH's 5-year compound annual growth rate (CAGR) stands at -16.0%, indicating revenue contraction over this period. The 3-year CAGR of -27.4% is below the 5-year average, signalling a growth deceleration in recent years. Millennium Group International Holdings Limited's highest annual revenue of $66.2 million was recorded in 2022.
Peer Comparison
Compared to Consumer Cyclical sector peers — including CLPS (+1.6% YoY), RETO (-46.4% YoY), and CNET (-75.3% YoY) — MGIH has outperformed the peer group in revenue growth. Compare MGIH vs CLPS →
MGIH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MGIHCurrent | $64M | -24.0% | -16.0% | -23.7% | |
 CLPS | $164M | +1.6% | +13.0% | -4.0% | |
 RETO | $3M | -46.4% | -16.6% | -87.9% | |
 CNET | $5M | -75.3% | -34.5% | -42.3% | |
 AIXI | $12M | -22.9% | -2.3% | -783.6% | |
 BTBT | $114M | - | - | -49.8% |
MGIH Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $25.3M | -34.2% | $4.5M | 17.8% | $-6,014,861 | -23.7% |
| 2024 | $38.5M | -15.5% | $8.3M | 21.6% | $-6,927,954 | -18.0% |
| 2023 | $45.6M | -31.2% | $9.1M | 19.9% | $-1,082,354 | -2.4% |
| 2022 | $66.2M | +2.6% | $16.3M | 24.6% | $5.5M | 8.4% |
| 2021 | $64.6M | +6.9% | $17.4M | 26.9% | $5.1M | 7.9% |
| 2020 | $60.4M | - | $17.0M | 28.1% | $5.4M | 9.0% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
MGIH — Frequently Asked Questions
Quick answers to the most common questions about buying MGIH stock.
Is MGIH's revenue growth accelerating or slowing?
MGIH revenue is declining -24.0% year-over-year. TTM revenue fell to $64M, contrasting with the 5-year CAGR of -16.0%. The reversal reflects either macro headwinds or company-specific challenges.
What is MGIH's revenue history from 2020 to 2026?
Millennium Group International Holdings Limited (MGIH) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $64M, growing at -24.0% YoY. The 5-year CAGR is -16.0%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is MGIH's long-term revenue growth rate (CAGR)?
Millennium Group International Holdings Limited's 5-year revenue CAGR of -16.0% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -24.0% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for MGIH.
Why does MGIH's quarterly revenue fluctuate?
MGIH quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Millennium Group International Holdings Limited's revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is MGIH's revenue distributed by segment?
MGIH reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does MGIH's revenue compare to industry peers?
Millennium Group International Holdings Limited (MGIH) with TTM revenue of $64M and -24.0% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.