MGOL · Mgo Global 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 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q4 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $565.4K | $1.72M | $670.3K | - | $140.2K | $1.95M | $334.7K | - | - | - |
| Cost of Revenue | $72.4K | $346.4K | $167.7K | - | $580.6K | $16.6K | $31.7K | - | - | - |
| Gross Profit | $493.0K | $1.08M | $502.5K | - | $889.2K | $1.33M | $200.7K | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.39M | $2.50M | $1.83M | - | $3.13M | $464.8K | $1.10M | - | - | - |
| Total Operating Expenses | $1.85M | $3.52M | $2.37M | - | $3.44M | $785.7K | $1.40M | - | - | - |
| D&A | - | - | $27.2K | - | $673.6K | - | $0 | - | - | - |
| Operating Income | ($1.36M) | ($2.44M) | ($1.86M) | - | ($2.55M) | ($1.43M) | ($572.2K) | - | - | - |
| Interest Expense | $4.5K | $2.4K | $1.6K | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | $0 | - | - | - |
| Net Income | ($1.31M) | ($2.47M) | ($164.6K) | - | ($699.9K) | ($804.5K) | ($511.1K) | - | - | - |
| EPS - Basic | ($1.79) | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | ($1.79) | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q4 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.44M | $1.30M | $1.52M | $934.9K | $20.6K | $4.13M | $5.40M | $114.0K | $87.9K | $116.7K |
| Accounts Receivable | $16.0K | $60.9K | $62.7K | $64.5K | $57.5K | - | - | - | - | - |
| Inventory | $1.05M | $844.7K | $674.2K | $724.6K | $673.6K | $303.9K | $51.4K | $69.5K | $68.4K | - |
| Accounts Payable | - | - | - | - | $462.4K | $332.7K | $453.9K | $142.5K | $275.6K | - |
| Current Assets | $2.58M | $2.54M | $2.55M | $1.92M | $3.14M | $5.24M | $6.83M | $441.0K | $570.3K | - |
| Total Assets | $2.81M | $2.80M | $2.84M | $2.24M | $3.35M | $5.36M | $6.96M | $441.0K | $570.3K | - |
| Current Liabilities | $182.2K | $837.7K | $799.2K | $1.32M | $716.8K | $845.9K | $1.05M | $1.62M | $963.4K | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $182.2K | $837.7K | $799.2K | $1.32M | $716.8K | $845.9K | $1.05M | $1.62M | $984.3K | - |
| Stockholders' Equity | $2.99M | $2.33M | $2.40M | $1.51M | $3.18M | ($607.6K) | $6.33M | ($833.2K) | ($347.0K) | ($284.8K) |
| Retained Earnings | ($16.88M) | ($15.58M) | ($13.10M) | ($12.94M) | ($10.78M) | ($8.29M) | ($6.95M) | ($5.80M) | ($3.21M) | - |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q4 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($1.96M) | - | - | - | ($194.7K) | - | - | - |
| Investing Cash Flow | - | - | $2.00M | - | - | - | $0 | - | - | - |
| Financing Cash Flow | - | - | $642.6K | - | - | - | $8.12M | - | - | - |
| CapEx | - | - | $206 | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | ($1.96M) | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q4 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 87.2% | 62.6% | 75.0% | - | 634.3% | 68.1% | 60.0% | - | - | - |
| Operating margin | -240.1% | -141.6% | -278.2% | - | -1818.4% | -73.1% | -171.0% | - | - | - |
| EBITDA margin | - | - | -274.2% | - | -1337.9% | - | -171.0% | - | - | - |
| Net margin | -231.3% | -143.3% | -24.6% | - | -499.3% | -41.2% | -152.7% | - | - | - |
| Free cash flow margin | - | - | -292.7% | - | - | - | - | - | - | - |
| FCF / Net income | - | - | 11.92 | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 245.2% | 144.8% | 273.0% | - | 2236.0% | 23.8% | 327.2% | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -46.5% | -88.2% | -5.8% | - | -20.9% | -15.0% | -7.3% | - | - | - |
| Return on equity | -43.7% | -106.1% | -6.9% | - | -22.0% | 132.4% | -8.1% | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 14.13 | 3.03 | 3.19 | 1.46 | 4.38 | 6.19 | 6.50 | 0.27 | 0.59 | - |
| Quick ratio | 8.37 | 2.02 | 2.35 | 0.91 | 3.44 | 5.83 | 6.45 | 0.23 | 0.52 | - |
| Cash ratio | 7.88 | 1.55 | 1.90 | 0.71 | 0.03 | 4.89 | 5.14 | 0.07 | 0.09 | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -304.8x | -1029.9x | -1181.0x | - | - | - | - | - | - | - |
| Equity multiplier | 0.94 | 1.20 | 1.18 | 1.48 | 1.05 | -8.81 | 1.10 | -0.53 | -1.64 | - |
| Liabilities / Assets | 0.06 | 0.30 | 0.28 | 0.59 | 0.21 | 0.16 | 0.15 | 3.67 | 1.73 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | 0.62 | 0.24 | - | 0.04 | 0.36 | 0.05 | - | - | - |
| Inventory turnover | 0.07 | 0.41 | 0.25 | - | 0.86 | 0.05 | 0.62 | - | - | - |
| Days sales outstanding | 10d | 13d | 34d | - | 150d | - | - | - | - | - |
| Days inventory outstanding | 5289d | 890d | 1467d | - | 424d | 6684d | 593d | - | - | - |
| Days payable outstanding | - | - | - | - | 291d | 7319d | 5231d | - | - | - |
| Cash conversion cycle | - | - | - | - | 282d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 303.3% | -11.6% | 100.3% | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -44.6% | -18.7% | 150.4% | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 46.7% | -71.2% | -225.9% | - | - | - | - | - | - | - |
| Net income growth (YoY) | -86.8% | -207.2% | 67.8% | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -5.9% | - | -62.0% | - | - | - | - | -140.1% | -21.9% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$5.36M totalStand Flagpoles$3.67M · 68.5%
The Messi Store$1.69M · 31.5%
Geographic
$1.69M totalUS$1.27M · 75.3%
Rest Of The World$417.5K · 24.7%
Peer comparison
Same SIC group: Apparel & Other Finishd Prods of Fabrics & Similar Matl
Comparing MGO Global Inc. against the 5 most active filers in the same SIC group.