MGO Operating Income from 2010 to 2024

MGOL Stock   2.32  0.03  1.28%   
MGO Global Operating Income yearly trend continues to be quite stable with very little volatility. Operating Income may rise above about -7 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit MGO Global Common generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-12-31
Previous Quarter
-7.4 M
Current Value
-7 M
Quarterly Volatility
2.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGO Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGO Global's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 6.2 K or Interest Expense of 478.8 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0 or PTB Ratio of 4.22. MGO financial statements analysis is a perfect complement when working with MGO Global Valuation or Volatility modules.
  
Check out the analysis of MGO Global Correlation against competitors.

Latest MGO Global's Operating Income Growth Pattern

Below is the plot of the Operating Income of MGO Global Common over the last few years. Operating Income is the amount of profit realized from MGO Global Common operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of MGO Global Common is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. MGO Global's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGO Global's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

MGO Operating Income Regression Statistics

Arithmetic Mean(2,208,381)
Coefficient Of Variation(93.18)
Mean Deviation1,388,053
Median(1,379,174)
Standard Deviation2,057,689
Sample Variance4.2T
Range6.5M
R-Value(0.62)
Mean Square Error2.8T
R-Squared0.38
Significance0.01
Slope(285,440)
Total Sum of Squares59.3T

MGO Operating Income History

2024-7 M
2023-7.4 M
2022-2.6 M
2021-919.3 K

About MGO Global Financial Statements

MGO Global investors utilize fundamental indicators, such as Operating Income, to predict how MGO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income-7.4 M-7 M

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When determining whether MGO Global Common is a strong investment it is important to analyze MGO Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGO Global's future performance. For an informed investment choice regarding MGO Stock, refer to the following important reports:
Check out the analysis of MGO Global Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGO Global. If investors know MGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGO Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.56)
Revenue Per Share
3.655
Quarterly Revenue Growth
(0.17)
Return On Assets
(1.55)
Return On Equity
(3.12)
The market value of MGO Global Common is measured differently than its book value, which is the value of MGO that is recorded on the company's balance sheet. Investors also form their own opinion of MGO Global's value that differs from its market value or its book value, called intrinsic value, which is MGO Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGO Global's market value can be influenced by many factors that don't directly affect MGO Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGO Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGO Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGO Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.