MGAM Stock Price, Mobile Global Esports . Quote, Chart

Market Summary

USD0.040.00

Delayed

0.00%

MGAM Stock Price

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MGAM RSI Chart

MGAM Valuation

Market Cap

849.5K

Price/Earnings (Trailing)

-0.13

EV/EBITDA

0.34

Price/Free Cashflow

-0.24

MarketCap/EBT

-0.13

MGAM Price/Earnings (Trailing)

MGAM Profitability

Return on Equity

-218.91%

Return on Assets

-198.17%

Free Cashflow Yield

-422.79%

MGAM Fundamentals

MGAM Earnings

Earnings (TTM)

-6.8M

Earnings Growth (Yr)

-336.87%

Earnings Growth (Qtr)

-75.23%

Breaking Down MGAM Revenue

Last 30 days

-75%

Last 90 days

-86.2%

Trailing 12 Months

-93.8%

How does MGAM drawdown profile look like?

MGAM Financial Health

Current Ratio

12.02

MGAM Investor Care

Shares Dilution (1Y)

3.99%

Diluted EPS (TTM)

-0.32

Which funds bought or sold MGAM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Feb 26, 2024	Virtu Financial LLC	added	299	9,000	13,000	-%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	4,425	4,425	-%
Feb 14, 2024	CITADEL ADVISORS LLC	new	-	5,350	5,350	-%
Feb 14, 2024	Royal Bank of Canada	reduced	-25.13	-	-	-%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	sold off	-100	-13,007	-	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	new	-	9,703	9,703	-%
Feb 13, 2024	XTX Topco Ltd	sold off	-100	-3,610	-	-%
Feb 09, 2024	UBS Group AG	reduced	-67.28	-796	354	-%
Feb 07, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%

Are Funds Buying or Selling MGAM?

Are funds buying MGAM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MGAM

No. of Funds

Unveiling Mobile Global Esports Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	armistice capital, llc	4.99%	1,072,558	SC 13G/A

Recent SEC filings of Mobile Global Esports Inc.

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	25-NSE	25-NSE
Apr 15, 2024	10-K	Annual Report
Apr 12, 2024	8-K	Current Report
Apr 05, 2024	8-K	Current Report
Mar 28, 2024	NT 10-K	NT 10-K
Mar 25, 2024	8-K	Current Report
Mar 11, 2024	DEFA14A	DEFA14A
Mar 11, 2024	DEFA14A	DEFA14A
Mar 11, 2024	8-K	Current Report
Feb 14, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Mobile Global Esports Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ATVI	1.3T	8.7B	1746.00%	2249.92%	615.99	153.18	13.89%	15.25%
EA	34.2B	7.7B	-3.02%	1.09%	32.53	4.47	3.80%	-19.34%
TTWO	24.6B	5.4B	-1.67%	16.56%	-16.98	4.57	11.64%	-259.73%
RBLX	22.7B	2.8B	-5.02%	1.24%	-19.72	8.11	25.81%	-24.62%
MID-CAP
SCPL	7.1B	-	21.33%	2382.09%	154.05	9.7	-	-
PLTK	2.7B	2.6B	2.43%	-34.67%	11.29	1.03	-1.85%	-14.64%
SMALL-CAP
MYPS	296.5M	310.9M	-17.10%	-48.02%	-15.29	0.95	7.09%	-9.05%
GMGI	138.4M	45.2M	28.57%	66.52%	-211.4	3.06	19.26%	19.48%
MSGM	6.6M	6.9M	25.24%	-50.14%	-0.5	0.96	-33.08%	63.93%
MGAM	849.5K	-	-75.00%	-93.85%	-0.13	-	-	-426.54%

Mobile Global Esports Inc. News

Latest updates

Mobile Global Esports Inc. Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet								(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2021Q4
Assets	-45.6%	3,421	6,285	7,761	8,699	9,257	9,936	-	-
Current Assets	-30.0%	3,268	4,665	6,119	7,444	8,133	9,636	185	301
Cash Equivalents	-29.7%	3,175	4,514	6,085	6,794	7,560	9,470	69.00	238
Net PPE	8.7%	30.00	27.00	28.00	29.00	17.00	-	-	-
Liabilities	-47.7%	324	619	317	428	246	-	-	32.00
Current Liabilities	-50.9%	272	554	236	335	208	188	-	32.00
Shareholder's Equity	-45.4%	3,097	5,671	7,445	8,270	9,011	9,747	185	269
Retained Earnings	-63.3%	-8,322	-5,095	-	-	-1,549	-810	-439	-262
Additional Paid-In Capital	6.2%	11,427	10,765	10,696	10,630	10,557	10,556	623	530
Shares Outstanding	3.8%	21,192	20,422	20,422	20,422	20,422	17,256	16,810	16,810
Minority Interest	-43.0%	-6.53	-4.57	-2.56	-1.65	-656*	-	-	-
Float	-	-	-	8,130	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)											(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2
Cashflow From Operations	27.8%	-1,098	-1,522	-264	-687	-1,072	-255	-39.30	-76.82	-19.39	-	-
Cashflow From Investing	-1103.0%	-203	-16.93	-400	-29.48	-	-	-	-	-	-	-
Cashflow From Financing	-24.9%	-37.90	-30.35	-44.76	-47.54	-92.49	9,957	-5.85	-47.50	-28.00	-	-

MGAM Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue	$ 4,962
Cost of revenue
Gross profit	4,962
Operating expenses:
General and administrative expenses	4,320,090	1,286,362
Sales and marketing expenses	673,068
Impairment expense	1,817,739
Total operating expenses	6,810,897	1,286,362
Profit/Loss from operations	(6,805,935)	(1,286,362)
Interest income	28,656
Interest expense	(1,977)	(1,322)
Net loss before income taxes	(6,779,256)	(1,287,684)
Income tax expense
Net profit/loss	(6,779,256)	(1,287,684)
Net loss - non-controlling interest	(5,875)	(656)
Net loss attributable to Mobile Global Esports Inc.	$ (6,773,381)	$ (1,287,028)
Net loss per share attributable to common stockholders, basic (in Dollars per share)	$ (0.32)	$ (0.07)
Weighted average common shares outstanding, basic (in Shares)	21,009,374	18,054,095
Comprehensive loss:
Net loss	$ (6,779,256)	$ (1,287,684)
Unrealized loss on foreign currency translation	(4,431)	1,399
Total comprehensive loss	(6,783,687)	(1,286,285)
Comprehensive loss attributable to non-controlling interest	(5,875)	(656)
Comprehensive loss - Mobile Global Esports Inc.	$ (6,777,812)	$ (1,285,629)

MGAM Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 3,174,703	$ 7,539,674
Prepaid expenses	93,127	113,247
Other current assets		480,000
Total current assets	3,267,830	8,132,921
Restricted cash		20,000
Property and equipment, net	29,632	16,822
Advances to suppliers		1,025,000
Operating lease right of use asset	103,812	54,634
Other long-term assets	20,070	7,424
Total assets	3,421,344	9,256,801
Current liabilities:
Accounts payable and accrued expenses	152,423	80,960
Operating lease liabilities, current	54,509	16,786
Note payable	65,040	92,307
Total current liabilities	271,972	207,816
Operating lease liabilities, long term	52,166	38,452
Total liabilities	324,138	246,268
Commitments and contingencies
Stockholders’ equity
Preferred stock; $0.0001 par value; 10,000,000 shares authorized; nil shares issued and outstanding
Common stock, $0.0001 par value, 100,000,000 shares authorized, 21,191,593 and 20,421,593 shares issued and outstanding	2,119	2,042
Additional paid-in capital	11,427,419	10,557,136
Accumulated deficit	(8,322,769)	(1,549,388)
Accumulated other comprehensive income (loss)	(3,032)	1,399
Total stockholders’ equity - Mobile Global Esports Inc.	3,103,737	9,011,189
Non-controlling interest	(6,531)	(656)
Total stockholders’ equity	3,097,206	9,010,533
Total liabilities and stockholders’ equity	3,421,344	9,256,801
Related Party
Current liabilities:
Related party payable		$ 17,763

About Mobile Global Esports Inc.

Mobile Global Esports Inc. operates in the esports business. It organizes and commercializes various virtual esports tournaments in India. The company was formerly known as Elite Esports, Inc. and changed its name to Mobile Global Esports Inc. in April 2021. Mobile Global Esports Inc. was founded in 2016 and is headquartered in Westport, Connecticut.

CEO	Mr. David Pross
WEBSITE	mogoesports.com
INDUSTRY	Electronic Gaming & Multimedia
EMPLOYEES	30

Mobile Global Esports Inc. Frequently Asked Questions

What is the ticker symbol for Mobile Global Esports Inc.? What does MGAM stand for in stocks?

MGAM is the stock ticker symbol of Mobile Global Esports Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mobile Global Esports Inc. (MGAM)?

As of Fri Apr 26 2024, market cap of Mobile Global Esports Inc. is 849.46 Thousand. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MGAM stock?

You can check MGAM's fair value in chart for subscribers.

What is the fair value of MGAM stock?

You can check MGAM's fair value in chart for subscribers. The fair value of Mobile Global Esports Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mobile Global Esports Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MGAM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mobile Global Esports Inc. a good stock to buy?

The fair value guage provides a quick view whether MGAM is over valued or under valued. Whether Mobile Global Esports Inc. is cheap or expensive depends on the assumptions which impact Mobile Global Esports Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MGAM.