Marvion Inc. financial data

Symbol
MVNC on OTC
Industry
Finance Services
Location
37/F, Singapore Land Tower, 50 Raffles Place, Singapore, Singapore
State of incorporation
NV
Fiscal year end
December 31
Former names
Bonanza Goldfields Corp. (to 5/15/2023), Bonanza Goldfield Corp. (to 10/6/2017)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 49.4 % -8.6%
Quick Ratio 39.8 % +110%
Debt-to-equity -200 % +13.4%
Return On Equity 179 % -57.6%
Return On Assets -179 % +44.5%
Operating Margin -215 % -118%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 54.4M shares -100%
Common Stock, Shares, Outstanding 54.4M shares -98.8%
Entity Public Float 50.9M USD +2971%
Common Stock, Value, Issued 5.34K USD -98.8%
Weighted Average Number of Shares Outstanding, Basic 38.3M shares -96.3%
Weighted Average Number of Shares Outstanding, Diluted 38.3M shares

Income Statement

Label TTM Value / Value Unit Change %
Revenues 8.99M USD -43.6%
Cost of Revenue 7.34M USD -20.7%
Selling and Marketing Expense 3.65M USD +117%
General and Administrative Expense 1.4M USD -44.6%
Operating Income (Loss) -19.3M USD -22.8%
Nonoperating Income (Expense) -541K USD -138%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -19.9M USD -24.5%
Income Tax Expense (Benefit) 0 USD -100%
Net Income (Loss) Attributable to Parent -19.9M USD -24.5%
Earnings Per Share, Basic 7.11 USD/shares +99.4%
Earnings Per Share, Diluted 7.11 USD/shares +99.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.18K USD -96.2%
Accounts Receivable, after Allowance for Credit Loss, Current 11.7K USD
Inventory, Net 7.77M USD
Other Assets, Current 10.6K USD -0.93%
Assets, Current 8.87M USD +112%
Intangible Assets, Net (Excluding Goodwill) 15K USD -76.4%
Assets 8.89M USD +100%
Liabilities, Current 21.2M USD +59%
Liabilities 21.2M USD +59%
Accumulated Other Comprehensive Income (Loss), Net of Tax 22.4K USD +12.5%
Retained Earnings (Accumulated Deficit) -54M USD -58.3%
Stockholders' Equity Attributable to Parent -12.3M USD -38.5%
Liabilities and Equity 8.89M USD +100%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -192K USD -70.6%
Net Cash Provided by (Used in) Financing Activities 81.7K USD +5.65%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 270B shares 0%
Common Stock, Shares, Issued 54.4M shares -98.8%
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 -115K USD -235%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.18K USD -96.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 6.73M USD +97.1%
Deferred Tax Assets, Gross 6.73M USD +97.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -19.9M USD -24.6%
Deferred Tax Assets, Operating Loss Carryforwards 6.41M USD +103%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 30M shares 0%
Additional Paid in Capital 41.6M USD +283%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 12.5K USD +0.54%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 124 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%