Magic Historical Income Statement
| MEGL Stock | USD 0.54 0.01 1.82% |
Historical analysis of Magic Empire income statement accounts such as Selling And Marketing Expenses of 7.8 M can show how well Magic Empire Global performed in making a profits. Evaluating Magic Empire income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magic Empire's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Magic Empire Global 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 Magic Empire Global is a good buy for the upcoming year.
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About Magic Income Statement Analysis
Magic Empire Global 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 Magic Empire shareholders. The income statement also shows Magic 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).
Magic Empire Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Magic Empire Global generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Magic Empire Global minus its cost of goods sold. It is profit before Magic Empire 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.Most accounts from Magic Empire's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Magic Empire Global 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 Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Magic Empire's Net Interest Income is quite stable compared to the past year. Interest Income is expected to rise to about 5.1 M this year, although the value of Selling General Administrative will most likely fall to about 3.8 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 1.6M | 4.1M | 3.7M | 3.5M | Total Revenue | 11.0M | 13.8M | 12.4M | 14.4M |
Magic Empire income statement Correlations
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Magic Empire Account Relationship Matchups
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Magic Empire income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 3.3M | 3.0M | 2.0M | 2.1M | 2.4M | 2.5M | |
| Interest Expense | 195.2K | 82.2K | 232.0K | 139.3K | 160.2K | 142.7K | |
| Selling General Administrative | 13.2M | 2.3M | 3.0M | 4.8M | 4.3M | 3.8M | |
| Selling And Marketing Expenses | 10.5M | 8.8M | 9.4M | 9.7M | 8.7M | 7.8M | |
| Total Revenue | 20.4M | 16.8M | 11.0M | 13.8M | 12.4M | 14.4M | |
| Gross Profit | 20.2M | 8.0M | 1.6M | 4.1M | 3.7M | 3.5M | |
| Other Operating Expenses | 15.8M | 15.1M | 15.5M | 16.6M | 19.1M | 17.4M | |
| Operating Income | 3.9M | 1.6M | (4.7M) | (2.8M) | (2.5M) | (2.4M) | |
| Ebit | 4.6M | 1.7M | (3.2M) | (344.5K) | (310.1K) | (294.6K) | |
| Ebitda | 8.0M | 4.8M | (1.3M) | 1.8M | 1.6M | 2.1M | |
| Total Operating Expenses | 15.8M | 15.1M | 15.5M | 6.9M | 6.2M | 11.1M | |
| Income Before Tax | 4.6M | 1.6M | (3.5M) | (483.8K) | (435.4K) | (413.7K) | |
| Total Other Income Expense Net | 767.6K | (81.0K) | 1.0M | 2.3M | 2.7M | 2.8M | |
| Net Income | 4.2M | 1.6M | (3.8M) | (483.8K) | (435.4K) | (413.7K) | |
| Income Tax Expense | 431.5K | 70.2K | 381.8K | 139.3K | 125.4K | 119.1K |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Asset Management & Custody Banks 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 Magic Empire. If investors know Magic 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 Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Revenue Per Share | Quarterly Revenue Growth 0.269 | Return On Assets | Return On Equity |
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.