Magic Empire Global Ltd financial data

Symbol
MEGL on Nasdaq
Industry
Finance Services
Location
3/F, 8 Wyndham Street, Central, Hong Kong
State of incorporation
Virgin Islands, British
Fiscal year end
December 31
Latest financial report
Q4 2022 - Apr 3, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin -40.2 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.3M shares
Common Stock, Shares, Outstanding 20.3M shares +35%
Common Stock, Value, Issued 2.03K USD
Weighted Average Number of Shares Outstanding, Basic 17.1M shares +13.8%
Weighted Average Number of Shares Outstanding, Diluted 17.1M shares +13.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.44M USD
Operating Income (Loss) -577K USD
Nonoperating Income (Expense) 134K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -444K USD
Income Tax Expense (Benefit) 48.9K USD
Net Income (Loss) Attributable to Parent -493K USD
Earnings Per Share, Basic -0.03 USD/shares
Earnings Per Share, Diluted -0.03 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 255K USD
Assets, Current 16.2M USD
Operating Lease, Right-of-Use Asset 456K USD
Assets 18.5M USD
Contract with Customer, Liability, Current 391K USD
Liabilities, Current 773K USD
Operating Lease, Liability, Noncurrent 224K USD
Liabilities 996K USD
Retained Earnings (Accumulated Deficit) -301K USD
Stockholders' Equity Attributable to Parent 17.5M USD
Liabilities and Equity 18.5M USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -117K USD
Net Cash Provided by (Used in) Financing Activities 16.1M USD
Net Cash Provided by (Used in) Investing Activities -1.87M USD
Common Stock, Shares Authorized 300M shares 0%
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 14.1M USD
Deferred Tax Assets, Valuation Allowance 94.4K USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.17 pure 0%
Deferred Tax Assets, Gross 94.4K USD
Operating Lease, Liability 468K USD
Depreciation 8.04K USD
Lessee, Operating Lease, Liability, to be Paid 491K USD
Property, Plant and Equipment, Gross 277K USD
Operating Lease, Liability, Current 244K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 229K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 262K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure
Deferred Income Tax Expense (Benefit) 50.2K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 23.3K USD
Deferred Tax Assets, Operating Loss Carryforwards 91.7K USD
Current Income Tax Expense (Benefit) -1.28K USD
Operating Lease, Payments 262K USD