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Financial statements

Magic Empire Global Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Magic Empire Global Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2023FY2024FY2025
Revenue1.441.771.651.48
Selling, general and administrative2.012.132.963.03
Operating expenses2.012.132.963.03
Operating income-0.58-0.36-1.32-1.54
Interest income0.140.550.570.5
Other non-operating income0.130.30.710.48
Pre-tax income-0.44-0.06-0.61-1.07
Income tax0.05
Net income-0.49-0.06-0.61-1.07
EBITDA-0.57-0.33-1.27-1.5
EPS, basic-0.03-0.00-0.12-0.21
EPS, diluted-0.03-0.00-0.12-0.21
Shares, basic (weighted)4.275.065.065.06
Shares, diluted (weighted)4.275.065.065.06

Balance sheet

FY2022FY2023FY2024FY2025
Cash and equivalents15.611.816.415.5
Receivables0.250.290.230.06
Total current assets16.212.316.815.7
Property, plant and equipment0.220.220.170.12
Lease right-of-use assets0.460.210.540.35
Long-term investments1.864.97
Total assets18.517.717.516.2
Deferred revenue0.390.150.210.11
Total current liabilities0.770.510.460.4
Lease liabilities0.220.390.19
Total liabilities10.510.850.59
Paid-in capital17.817.817.917.8
Retained earnings-0.3-0.56-1.18-2.24
Shareholders' equity17.517.216.715.6
Total equity17.517.216.715.6
Total liabilities and equity18.517.717.516.2
Shares outstanding155.06

Cash flow statement

FY2022FY2023FY2024FY2025
Net income-0.49-0.06-0.61-1.07
Depreciation and amortization0.010.030.050.05
Deferred income tax0.05
Change in receivables0.41-0.040.070.17
Cash from operations-0.120.01-0.6-0.87
Capital expenditures-0.24
Purchases of investments-1.86-3.34-1.09
Cash from investing-1.87-3.575.12
Dividends paid-0.51-0.2
Cash from financing16.1-0.2
Net change in cash14.1-3.764.52-0.87
Free cash flow-0.23
Income taxes paid0.11

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.12 on September 24, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-104.2%Operating income / revenue.
EBITDA margin-100.9%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-72.1%Pre-tax income / revenue.
Net margin-72.1%Net income / revenue.
Operating cash flow margin-58.8%Cash from operations / revenue.
Return on equity (ROE)-6.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-6.3%Net income / average total assets.
Return on invested capital (ROIC)-750.5%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue204.2%Selling, general and administrative expense / revenue.
D&A / revenue3.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-10.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y1.1%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-6.6%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-3.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-7.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-4.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y0.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y5.9%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio38.9xCurrent assets / current liabilities.
Quick ratio38.5x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio38.4x(Cash + short-term investments) / current liabilities.
Liabilities / assets3.7%Total liabilities / total assets.
Working capital$15.3MCurrent assets - current liabilities.
Tangible book value$15.6MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.09xRevenue / average total assets.
Fixed asset turnover10.2xRevenue / average property, plant and equipment.
Receivables turnover10.2xRevenue / average receivables.
Days sales outstanding36 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.21Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.21Net income per basic share, as reported (split-adjusted).
Revenue per share$0.29Revenue / diluted weighted shares.
Operating cash flow per share-$0.17Cash from operations / diluted weighted shares.
Book value per share$3.08Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$3.08Tangible book value / shares outstanding.
Cash per share$3.06(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$5.7MShare price x shares outstanding.
Enterprise value-$9.8MMarket cap + total debt - cash - short-term investments.
P/S3.83xMarket cap / revenue.
P/B0.36xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.36xMarket cap / tangible book value, when positive.
Earnings yield-18.8%Net income / market cap (the inverse of P/E).
What was Magic Empire Global Ltd's revenue in fiscal 2025?

Magic Empire Global Ltd reported revenue of $1.5M for fiscal 2025, 10% lower than the year before.

Was Magic Empire Global Ltd profitable in fiscal 2025?

No. It reported a net loss of $1.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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