MGO Global Inc. financial data

Symbol
MGOL on Nasdaq
Industry
Apparel & Other Finishd Prods of Fabrics & Similar Matl
Location
1515 Se 17 Th Street, Suite 121/#460236, Fort Lauderdale, FL
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 305 % -17.1%
Quick Ratio 101 % +291%
Debt-to-equity 34 % +2.1%
Return On Equity -317 % -69.4%
Return On Assets -228 % -65.4%
Operating Margin -216 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.61M shares -81.7%
Common Stock, Shares, Outstanding 2.9M shares -79.6%
Entity Public Float 15.9M USD
Common Stock, Value, Issued 29 USD -79.6%
Weighted Average Number of Shares Outstanding, Basic 2.51M shares +76.1%
Weighted Average Number of Shares Outstanding, Diluted 2.51M shares +76.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.47M USD +948%
Revenue from Contract with Customer, Excluding Assessed Tax 3.51M USD -46.4%
Operating Income (Loss) -7.56M USD -312%
Nonoperating Income (Expense) 15K USD +285%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.86M USD -169%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -6.1M USD -9.91%
Earnings Per Share, Basic -0.52 USD/shares +71%
Earnings Per Share, Diluted -0.52 USD/shares +71%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.44M USD
Accounts Receivable, after Allowance for Credit Loss, Current 16K USD -72.2%
Inventory, Net 1.05M USD +55.8%
Other Assets, Current 7.5K USD -51.2%
Assets, Current 2.58M USD -17.9%
Property, Plant and Equipment, Net 238K USD +13.7%
Other Assets, Noncurrent 15.5K USD
Assets 2.81M USD -16%
Accounts Payable, Current 462K USD
Employee-related Liabilities, Current 58.6K USD -51.5%
Accrued Liabilities, Current 40.3K USD -69.7%
Liabilities, Current 182K USD -74.6%
Liabilities 182K USD -74.6%
Retained Earnings (Accumulated Deficit) -16.9M USD -56.6%
Stockholders' Equity Attributable to Parent 2.99M USD -5.89%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.63M USD +0.02%
Liabilities and Equity 2.81M USD -16%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.96M USD +27.4%
Net Cash Provided by (Used in) Financing Activities 643K USD -92.1%
Net Cash Provided by (Used in) Investing Activities 2M USD
Common Stock, Shares Authorized 150M shares +650%
Common Stock, Shares, Issued 2.9M shares -79.6%
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 681K USD -87.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.44M USD -12.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.79K USD
Deferred Tax Assets, Valuation Allowance 2.55M USD +303%
Deferred Tax Assets, Gross 2.55M USD +303%
Depreciation 27.2K USD +163%
Payments to Acquire Property, Plant, and Equipment 206 USD -99.9%
Property, Plant and Equipment, Gross 326K USD
Deferred Tax Assets, Operating Loss Carryforwards 2.55M USD +303%
Preferred Stock, Shares Authorized 20M shares
Unrecognized Tax Benefits 552K USD
Additional Paid in Capital 19.9M USD +42.4%
Share-based Payment Arrangement, Expense 193K USD
Interest Expense 1.58K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares