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
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 276 %
Quick Ratio 76.2 %
Debt-to-equity 39 %
Return On Equity -379 % -126%
Return On Assets -259 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.61M shares -81.7%
Common Stock, Shares, Outstanding 2.1M shares -85.3%
Entity Public Float 15.9M USD
Common Stock, Value, Issued 21 USD -85.2%
Weighted Average Number of Shares Outstanding, Basic 1.83M shares +28.5%
Weighted Average Number of Shares Outstanding, Diluted 1.83M shares +28.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.47M USD +948%
Revenue from Contract with Customer, Excluding Assessed Tax 1.43M USD -17.3%
Operating Income (Loss) -8.23M USD -1563%
Nonoperating Income (Expense) 6.94K USD -104%
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 -7.28M USD -93.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.3M USD -68.5%
Accounts Receivable, after Allowance for Credit Loss, Current 60.9K USD
Inventory, Net 845K USD +178%
Other Assets, Current 7.5K USD
Assets, Current 2.54M USD -51.6%
Property, Plant and Equipment, Net 266K USD +129%
Other Assets, Noncurrent 15.5K USD
Assets 2.8M USD -47.6%
Accounts Payable, Current 462K USD
Employee-related Liabilities, Current 91.5K USD
Accrued Liabilities, Current 255K USD +26.5%
Liabilities, Current 838K USD -0.97%
Liabilities 838K USD -0.97%
Retained Earnings (Accumulated Deficit) -15.6M USD -87.8%
Stockholders' Equity Attributable to Parent 2.33M USD -48.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.97M USD
Liabilities and Equity 2.8M USD -47.6%

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 15M shares -25%
Common Stock, Shares, Issued 2.1M shares -85.3%
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 98.5K USD +20.6%
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 17.9M USD +34.8%
Share-based Payment Arrangement, Expense 193K USD
Interest Expense 1.58K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares