Mobile Global Esports, Inc. financial data

Symbol
MGAM on Nasdaq
Industry
Services-Amusement & Recreation Services
Location
500 Post Road East, 2 Nd Floor, Westport, Connecticut
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.1K %
Debt-to-equity 9.44 %
Return On Equity -111 % -312%
Return On Assets -104 %
Operating Margin -137K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.2M shares +3.99%
Common Stock, Shares, Outstanding 21.2M shares +3.77%
Entity Public Float 8.13M USD
Common Stock, Value, Issued 2.12K USD +3.77%
Weighted Average Number of Shares Outstanding, Basic 20.4M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 20.4M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.96K USD
Research and Development Expense 601K USD
Selling and Marketing Expense 673K USD
General and Administrative Expense 4.12M USD +105%
Costs and Expenses 277K USD +48.9%
Operating Income (Loss) -6.61M USD -229%
Nonoperating Income (Expense) 241 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.59M USD -228%
Net Income (Loss) Attributable to Parent -617K USD +23.9%
Earnings Per Share, Basic -0.31 USD/shares -210%
Earnings Per Share, Diluted -0.31 USD/shares +25%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.8M USD
Other Assets, Current 580K USD
Assets, Current 2.89M USD -61.1%
Other Long-term Investments 19.6K USD -1.49%
Property, Plant and Equipment, Net 31.9K USD +8.61%
Operating Lease, Right-of-Use Asset 89.6K USD -36.7%
Assets 3.04M USD -65.1%
Accounts Payable, Current 153K USD +320%
Accrued Liabilities, Current 81K USD +154%
Liabilities, Current 474K USD +41.8%
Operating Lease, Liability, Noncurrent 36.5K USD
Liabilities 511K USD +19.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.33K USD -348%
Retained Earnings (Accumulated Deficit) -8.94M USD
Stockholders' Equity Attributable to Parent 2.53M USD -69.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.52M USD -69.5%
Liabilities and Equity 3.04M USD -65.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -361K USD +47.6%
Net Cash Provided by (Used in) Financing Activities -38.7K USD +18.5%
Net Cash Provided by (Used in) Investing Activities -5.47K USD +81.5%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 21.2M shares +3.77%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -405K USD +47.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.77M USD -59.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.98K USD +49.5%
Deferred Tax Assets, Valuation Allowance 2.07M USD +567%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 19.4K USD
Operating Lease, Liability 92.5K USD
Depreciation 2.79K USD +182%
Payments to Acquire Property, Plant, and Equipment 17.7K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -6.58M USD -228%
Lessee, Operating Lease, Liability, to be Paid 101K USD
Operating Lease, Liability, Current 56K USD +15.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 54K USD +139%
Lessee, Operating Lease, Liability, to be Paid, Year One 54K USD +15.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.17K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 54.7K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.62M USD +391%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 11.5M USD +7.94%
Operating Leases, Future Minimum Payments Due 148K USD
Interest Expense 1.38K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%