MGO Global Inc. financial data

Symbol
MGOL on Nasdaq
Location
813 Ne 17 Th Terrace,, Unit A, 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