MicroAlgo Inc.

Company Profile

MicroAlgo Inc. had its IPO on 2021-04-13 under the ticker symbol MLGO.

The company operates in the Technology sector and Software-Infrastructure industry. MicroAlgo Inc. has a staff strength of 125 employees.

Stock update

Shares of MicroAlgo Inc. opened at $2.35 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.23 - $3.36, and closed at $2.89.

This is a +22.98% increase from the previous day's closing price.

A total volume of 60,070 shares were traded at the close of the day’s session.

In the last one week, shares of MicroAlgo Inc. have slipped by -3.02%.

MicroAlgo Inc.'s Key Ratios

MicroAlgo Inc. has a market cap of $129.82 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months MicroAlgo Inc.’s revenue was $549.78 million with a gross profit of $213.65 million and an EBITDA of $-34121452. The EBITDA ratio measures MicroAlgo Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MicroAlgo Inc.’s operating margin was -7.23% while its return on assets stood at -4.65% with a return of equity of -26.08%.

In Q2, MicroAlgo Inc.’s quarterly earnings growth was a negative -89.7% while revenue growth was a negative 29%.

MicroAlgo Inc.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.36 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 MicroAlgo Inc.’s profitability.

MicroAlgo 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.

MicroAlgo 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

$71.82 million

Total Liabilities

$11.61 million

Operating Cash Flow

$0

Capital Expenditure

$54464

Dividend Payout Ratio

0%

MicroAlgo Inc. ended 2024 with $71.82 million in total assets and $0 in total liabilities. Its intangible assets were valued at $71.82 million while shareholder equity stood at $60.41 million.

MicroAlgo Inc. ended 2024 with $0 in deferred long-term liabilities, $11.61 million in other current liabilities, 43857.00 in common stock, $14.42 million in retained earnings and $14.71 million in goodwill. Its cash balance stood at $19.19 million and cash and short-term investments were $19.19 million. The company’s total short-term debt was $1,226,639 while long-term debt stood at $0.

MicroAlgo Inc.’s total current assets stands at $55.87 million while long-term investments were $166072.00 and short-term investments were $0. Its net receivables were $30.24 million compared to accounts payable of $4.91 million and inventory worth $0.00.

In 2024, MicroAlgo Inc.'s operating cash flow was $0 while its capital expenditure stood at $54464.

Comparatively, MicroAlgo Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.89

52-Week High

$14.1

52-Week Low

$1.12

Analyst Target Price

$

MicroAlgo Inc. stock is currently trading at $2.89 per share. It touched a 52-week high of $14.1 and a 52-week low of $14.1. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.45 and 200-day moving average was $2.67 The short ratio stood at 12.29 indicating a short percent outstanding of 0%.

Around 9545% of the company’s stock are held by insiders while 16.5% are held by institutions.