FMP
MicroAlgo Inc.
MLGO
NASDAQ
MicroAlgo Inc. develops and delivers central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is based in Shenzhen, the People's Republic of China. MicroAlgo Inc. is a subsidiary of WiMi Hologram Cloud Inc.
14.01 USD
-1.9 (-13.56%)
MLGO Financial Statements
Quarter
2024 Q2
2024 Q1
2023 Q4
2023 Q3
Total Revenue
19.98M
20.11M
22.29M
21.67M
Cost of Revenue
13.96M
14.05M
15.7M
15.27M
Gross Profit
6.02M
6.06M
6.58M
6.4M
Operating Expenses
5.83M
5.87M
22.4M
22.08M
Research and Development
5.22M
5.25M
4.86M
4.72M
Selling, General & Administrative Expenses
616.81k
620.82k
9.6M
9.33M
Selling & Marketing Expenses
78.77k
79.28k
107.26k
104.27k
General & Administrative Expenses
538.04k
541.53k
1.22M
1.18M
Other Expenses
2
1
7.95M
0
Operating Income
185.46k
186.66k
-15.82M
-7.65M
Total Other Income/Expenses Net
1.41M
1.42M
-150.75k
-146.55k
Income Before Tax
1.59M
1.6M
-15.97M
-15.53M
Income Tax
66.6k
67.03k
179.87k
174.86k
Net Income
1.12M
1.13M
-16.28M
-15.83M
Basic EPS
0.04
0.04
-3.44
-3.34
EPS Diluted
0.04
0.04
-3.44
-3.34
Basic Average Shares
30.68M
30.68M
4.74M
4.74M
Diluted Average Shares
30.88M
30.88M
4.74M
4.74M
EBITDA
196.84k
198.12k
-7.81M
-7.59M
Retained Earning Schedule
Quarter
2024 Q2
2024 Q1
2023 Q4
2023 Q3
Retained Earnings (Previous Year)
-6.61M
-9.02M
-8.77M
14.42M
Net Income
1.12M
1.13M
-16.28M
-15.83M
Stock Repurchases
0
0
0
0
Dividend Paid
0
0
0
0
Retained Earnings
-6.57M
-6.61M
-9.02M
-8.77M
Other Distributions
42.69k
2.41M
-251.04k
-23.19M
PPE Schedule
Quarter
2024 Q2
2024 Q1
2023 Q4
2023 Q3
Gross PPE
240.17k
241.73k
158.17k
153.77k
Annual Depreciation
11.38k
11.45k
63.28k
61.52k
Capital Expenditure
-226.63
-228.1
0
0
Net PPE
229.02k
230.51k
94.89k
92.25k
Intangible and Goodwill Schedule
Quarter
2024 Q2
2024 Q1
2023 Q4
2023 Q3
Acquisitions and Adjustments
0
0
0
-14.71M
Goodwill (Previous Year)
0
0
0
14.71M
Goodwill
0
0
0
0
All figures are in USD.
