MGO Historical Income Statement

MGOL Stock   2.32  0.03  1.28%   
Historical analysis of MGO Global income statement accounts such as Selling General Administrative of 6.9 M can show how well MGO Global Common performed in making a profits. Evaluating MGO Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MGO Global's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining MGO Global Common latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MGO Global Common is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About MGO Income Statement Analysis

MGO Global Common Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MGO Global shareholders. The income statement also shows MGO investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

MGO Global Income Statement Chart

At this time, MGO Global's Other Operating Expenses is quite stable compared to the past year. Cost Of Revenue is expected to rise to about 3.4 M this year, although the value of Depreciation And Amortization will most likely fall to 6,177.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of MGO Global Common minus its cost of goods sold. It is profit before MGO Global operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on MGO Global income statement and is an important metric when analyzing MGO Global Common profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from MGO Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MGO Global Common current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, MGO Global's Other Operating Expenses is quite stable compared to the past year. Cost Of Revenue is expected to rise to about 3.4 M this year, although the value of Depreciation And Amortization will most likely fall to 6,177.
 2021 2022 2023 2024 (projected)
Interest Expense104.0K236.2K456M478.8M
Depreciation And Amortization458.1K2.6M6.5K6.2K

MGO Global income statement Correlations

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-0.61-0.460.991.00.991.01.0-1.0-0.99-0.96-1.00.991.0-1.00.32-1.00.48
-0.55-0.521.01.01.00.991.0-0.99-0.98-0.94-0.991.01.0-0.990.39-0.990.46
-0.54-0.551.00.991.00.991.0-0.99-0.97-0.93-0.991.00.99-0.990.42-0.990.48
-0.63-0.470.991.00.990.991.0-0.99-0.98-0.96-1.00.981.0-0.990.31-1.00.53
-0.59-0.490.991.01.01.01.0-0.99-0.99-0.95-1.00.991.0-0.990.35-1.00.48
0.60.44-0.98-1.0-0.99-0.99-0.99-0.991.00.971.0-0.98-1.01.0-0.321.0-0.43
0.650.36-0.97-0.99-0.98-0.97-0.98-0.991.00.980.99-0.96-0.991.0-0.241.0-0.42
0.770.2-0.91-0.96-0.94-0.93-0.96-0.950.970.980.97-0.9-0.960.97-0.070.97-0.46
0.620.45-0.98-1.0-0.99-0.99-1.0-1.01.00.990.97-0.98-1.01.0-0.311.0-0.48
-0.48-0.61.00.991.01.00.980.99-0.98-0.96-0.9-0.980.98-0.980.47-0.980.44
-0.63-0.450.991.01.00.991.01.0-1.0-0.99-0.96-1.00.98-1.00.3-1.00.49
0.620.42-0.98-1.0-0.99-0.99-0.99-0.991.01.00.971.0-0.98-1.0-0.31.0-0.43
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0.640.42-0.98-1.0-0.99-0.99-1.0-1.01.01.00.971.0-0.98-1.01.0-0.28-0.49
-0.66-0.230.440.480.460.480.530.48-0.43-0.42-0.46-0.480.440.49-0.43-0.09-0.49
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MGO Global Account Relationship Matchups

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.