MGAM · Mobile Global Esports, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3K | - | $57 | - | $1.6K | - | $1.6K | - | - | - |
| Cost of Revenue | $103.5K | - | - | - | - | - | - | - | - | - |
| Gross Profit | ($97.1K) | - | $57 | - | $1.6K | - | $1.6K | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $628.4K | - | $858.1K | $447.4K | $398.1K | - | $605.4K | $496.6K | $617.4K | - |
| Total Operating Expenses | $628.4K | - | $858.1K | $447.4K | $398.1K | - | $605.4K | $496.6K | $617.4K | - |
| D&A | $91.8K | - | - | - | - | - | $1.0K | $1.0K | $2.8K | - |
| Operating Income | ($725.6K) | - | ($858.0K) | ($447.4K) | ($396.6K) | - | ($603.8K) | ($496.6K) | ($617.4K) | - |
| Interest Expense | $8.0K | - | $9.0K | $1.8K | $1.4K | - | - | $288 | $1.4K | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($774.4K) | - | ($947.9K) | ($448.4K) | ($383.8K) | - | ($601.4K) | ($494.6K) | ($617.2K) | - |
| EPS - Basic | ($0.01) | - | ($0.02) | ($0.01) | ($0.01) | - | ($0.03) | ($0.02) | ($0.03) | - |
| EPS - Diluted | ($0.01) | - | ($0.02) | ($0.01) | ($0.01) | - | ($0.03) | ($0.02) | ($0.03) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $184.7K | $573.3K | $810.0K | $595.0K | $701.0K | $929.0K | $1.30M | $2.00M | $2.80M | $3.17M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $169.7K | $93.4K | $14.4K | $61.0K | $8.2K | $69.2K | $24.4K | $89.7K | $153.0K | $94.4K |
| Current Assets | $290.6K | $634.6K | $863.2K | $696.6K | $808.8K | $1.07M | $1.43M | $2.09M | $2.89M | $3.27M |
| Total Assets | $1.32M | $1.65M | $973.2K | $736.6K | $809.0K | $1.08M | $1.64M | $2.28M | $3.04M | $3.42M |
| Current Liabilities | $1.30M | $1.82M | $768.7K | $239.9K | $77.0K | $82.1K | $94.2K | $157.3K | $474.3K | $272.0K |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.31M | $1.83M | - | - | - | $82.1K | $110.2K | $192.6K | $510.8K | $324.1K |
| Stockholders' Equity | $5.6K | ($161.7K) | $220.6K | $512.3K | $746.7K | $1.01M | $1.54M | $2.10M | $2.53M | $3.10M |
| Retained Earnings | ($13.68M) | ($12.90M) | ($12.42M) | ($11.47M) | ($11.03M) | ($10.64M) | ($10.04M) | ($9.43M) | ($8.94M) | ($8.32M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($328.1K) | - | - | - | ($227.9K) | - | - | - | ($360.6K) | - |
| Investing Cash Flow | ($84.0K) | - | - | - | - | - | - | - | ($5.5K) | - |
| Financing Cash Flow | $23.4K | - | - | - | - | - | - | - | ($38.7K) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -1537.2% | - | 100.0% | - | 100.0% | - | 100.0% | - | - | - |
| Operating margin | -11480.8% | - | -1505301.8% | - | -25357.0% | - | -38238.3% | - | - | - |
| EBITDA margin | -10027.9% | - | - | - | - | - | -38175.0% | - | - | - |
| Net margin | -12252.4% | - | -1662908.8% | - | -24539.8% | - | -38085.3% | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 9943.7% | - | 1505401.8% | - | 25457.0% | - | 38338.3% | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -58.8% | - | -97.4% | -60.9% | -47.4% | - | -36.8% | -21.7% | -20.3% | - |
| Return on equity | -13869.8% | - | -429.6% | -87.5% | -51.4% | - | -39.1% | -23.6% | -24.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.22 | 0.35 | 1.12 | 2.90 | 10.50 | 12.98 | 15.22 | 13.28 | 6.10 | 12.02 |
| Quick ratio | 0.22 | 0.35 | 1.12 | 2.90 | 10.50 | 12.98 | 15.22 | 13.28 | 6.10 | 12.02 |
| Cash ratio | 0.14 | 0.31 | 1.05 | 2.48 | 9.10 | 11.32 | 13.80 | 12.72 | 5.90 | 11.67 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -90.7x | - | -95.3x | -245.0x | -287.0x | - | - | -1724.3x | -446.7x | - |
| Equity multiplier | 235.70 | -10.23 | 4.41 | 1.44 | 1.08 | 1.07 | 1.06 | 1.09 | 1.20 | 1.10 |
| Liabilities / Assets | 1.00 | 1.11 | - | - | - | 0.08 | 0.07 | 0.08 | 0.17 | 0.09 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.00 | - | 0.00 | - | 0.00 | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 598d | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 326.7x | - | 21.2x | 5.5x | 2.2x | - | 0.2x | 0.3x | 1.3x | - |
| P / S | 288.6x | - | 82151.6x | - | 1047.2x | - | 188.3x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 304.1% | - | -96.4% | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | -96.4% | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -83.0% | - | -42.1% | 9.9% | 35.8% | - | 67.3% | 45.8% | 24.3% | - |
| Net income growth (YoY) | -101.8% | - | -57.6% | 9.4% | 37.8% | - | 67.4% | -476.6% | -574.7% | - |
| EPS growth (YoY) | 0.0% | - | 33.3% | 50.0% | 66.7% | - | 66.7% | 50.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -99.3% | - | -85.7% | -75.6% | -70.5% | -67.3% | -72.9% | -71.9% | -69.4% | -65.6% |
Peer comparison
Same SIC group: Services-Amusement & Recreation Services
Comparing Mobile Global Esports against the 5 most active filers in the same SIC group.