Mobile Global Esports Inc.

Company Profile

Mobile Global Esports Inc. had its IPO on 2022-07-29 under the ticker symbol MGAM.

The company operates in the Communication Services sector and Electronic Gaming & Multimedia industry. Mobile Global Esports Inc. has a staff strength of 30 employees.

Stock update

Shares of Mobile Global Esports Inc. opened at $0.39 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.39 - $0.4, and closed at $0.39.

This is a -2.01% slip from the previous day's closing price.

A total volume of 49,296 shares were traded at the close of the day’s session.

In the last one week, shares of Mobile Global Esports Inc. have slipped by -7.14%.

Mobile Global Esports Inc.'s Key Ratios

Mobile Global Esports Inc. has a market cap of $8.71 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Mobile Global Esports Inc.’s revenue was $0 with a gross profit of $0 and an EBITDA of $-1286327. The EBITDA ratio measures Mobile Global Esports Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Mobile Global Esports Inc.’s operating margin was 0% while its return on assets stood at -44.69% with a return of equity of -73.77%.

In Q2, Mobile Global Esports Inc.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Mobile Global Esports Inc.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mobile Global Esports Inc.’s profitability.

Mobile Global Esports Inc. stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Mobile Global Esports Inc. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$7.76 million

Total Liabilities

$236339.00

Operating Cash Flow

$0

Capital Expenditure

$400006

Dividend Payout Ratio

0%

Mobile Global Esports Inc. ended 2024 with $7.76 million in total assets and $0 in total liabilities. Its intangible assets were valued at $7.76 million while shareholder equity stood at $7.45 million.

Mobile Global Esports Inc. ended 2024 with $0 in deferred long-term liabilities, $236339.00 in other current liabilities, 2042.00 in common stock, $-3251331.00 in retained earnings and $0 in goodwill. Its cash balance stood at $6.06 million and cash and short-term investments were $6.06 million. The company’s total short-term debt was $50,376 while long-term debt stood at $0.

Mobile Global Esports Inc.’s total current assets stands at $6.12 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $6766.00 and inventory worth $0.

In 2024, Mobile Global Esports Inc.'s operating cash flow was $0 while its capital expenditure stood at $400006.

Comparatively, Mobile Global Esports Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.39

52-Week High

$4.68

52-Week Low

$0.38

Analyst Target Price

$1.5

Mobile Global Esports Inc. stock is currently trading at $0.39 per share. It touched a 52-week high of $4.68 and a 52-week low of $4.68. Analysts tracking the stock have a 12-month average target price of $1.5.

Its 50-day moving average was $0.51 and 200-day moving average was $0.8 The short ratio stood at 0.06 indicating a short percent outstanding of 0%.

Around 3405.7% of the company’s stock are held by insiders while 63.4% are held by institutions.