MicroAlgo Inc. financial data

Symbol
MLGO on Nasdaq, VENAF on OTC
Industry
Services-Computer Programming Services
Location
340 Madison Avenue,19 Th Floor, New York, NY
State of incorporation
Cayman Islands
Fiscal year end
December 31
Former names
Venus Acquisition Corp (to 12/12/2022)
Latest financial report
20-F - Q4 2023 - Apr 11, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 629 % +187%
Debt-to-equity 15.2 % -74.4%
Return On Equity -28.7 % -140%
Return On Assets -15 % -187%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 51.6M shares +753%
Common Stock, Shares, Outstanding 17.4M shares -60.4%
Entity Public Float 47M USD +2.71%
Common Stock, Value, Issued 173K USD +294%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 17.8M USD -23.7%
Cost of Revenue 12.9M USD -28.3%
Research and Development Expense 5.23M USD +63.2%
Costs and Expenses 511K USD -27.2%
Operating Income (Loss) -1.41M USD -220%
Nonoperating Income (Expense) 806K USD +219%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -9.64M USD -201%
Income Tax Expense (Benefit) 5.24K USD -54.3%
Net Income (Loss) Attributable to Parent -9.12M USD -196%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 60.8M USD +217%
Accounts Receivable, after Allowance for Credit Loss, Current 3.03M USD -42%
Inventory, Net 131K USD -84.2%
Assets, Current 107M USD +92.1%
Deferred Income Tax Assets, Net 7.82K USD
Property, Plant and Equipment, Net 82.2K USD -33%
Operating Lease, Right-of-Use Asset 163K USD +171%
Goodwill 14.7M USD
Other Assets, Noncurrent 269K USD -98.3%
Assets 108M USD +49.8%
Liabilities, Current 30.2M USD +160%
Operating Lease, Liability, Noncurrent 56.6K USD +190%
Liabilities 30.3M USD +155%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.38M USD -127%
Retained Earnings (Accumulated Deficit) -8.54M USD -159%
Stockholders' Equity Attributable to Parent 76M USD +25.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 551M CNY +27.2%
Liabilities and Equity 108M USD +49.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.76M USD -705%
Net Cash Provided by (Used in) Financing Activities -19.6M USD -256%
Net Cash Provided by (Used in) Investing Activities -257K USD +98.4%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 17.4M shares -60.4%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares +1000%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -21.7M USD -3.05%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 60.8M USD +217%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6K USD +594%
Deferred Tax Assets, Valuation Allowance 1.97M USD
Operating Lease, Liability 153K USD
Payments to Acquire Property, Plant, and Equipment 54.5K USD -70.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -96.3K USD -111%
Lessee, Operating Lease, Liability, to be Paid 162K USD
Property, Plant and Equipment, Gross 189K USD -21.4%
Operating Lease, Liability, Current 95.9K USD +90.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 31.6K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 40.6K USD -84.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 61K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.07K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.77M USD
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -61K USD
Current Income Tax Expense (Benefit) 5.24K USD -92.8%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 89.9M USD +89.7%
Depreciation, Depletion and Amortization 107K USD -68.8%
Deferred Tax Assets, Net of Valuation Allowance 7.82K USD
Preferred Stock, Par or Stated Value Per Share 0 CNY/shares 0%