MGAM Chart
About

Mobile Global Esports Inc., gaming and digital entertainment company, operates in the esports business. It organizes and commercializes various virtual esports events. The company engages in developing Dominus, a proprietary fantasy simulation and scoring engine. 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 based in Westport, Connecticut.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Electronic Gaming & Mult Market Cap 5.76M
Enterprise Value 4.96M Income -2.77M Sales 25.47K
Book/sh 0.00 Cash/sh 0.01 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -0.33 PEG —
P/S 226.22 P/B 23.75 P/C —
EV/EBITDA -1.88 EV/Sales 194.66 Quick Ratio 1.05
Current Ratio 1.12 Debt/Eq 333.98 LT Debt/Eq —
EPS (ttm) -0.09 EPS next Y -0.29 EPS Growth —
Revenue Growth -96.40% Earnings 2024-05-20 16:00 ROA -127.20%
ROE -3.21% ROIC — Gross Margin 100.00%
Oper. Margin -15053.02% Profit Margin 0.00% Shs Outstand 60.64M
Shs Float 35.20M Short Float 0.87% Short Ratio 0.36
Short Interest — 52W High 0.24 52W Low 0.01
Beta -4.18 Avg Volume 16.91K Volume 14.14K
Target Price — Recom None Prev Close $0.00
Price $0.10 Change 7555230724817023237198184448.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.10
Latest analyst target
3. DCF / Fair value
$-0.22
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.10
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-04-16 down Maxim Group Buy → Hold —
2022-12-21 init Maxim Group — → Buy $2
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.00
TaxRateForCalcs0.000.000.00
NormalizedEBITDA-2.19M-4.91M-1.28M
TotalUnusualItems-79.57K-1.82M0.00
TotalUnusualItemsExcludingGoodwill-79.57K-1.82M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-2.32M-6.77M-1.29M
ReconciledDepreciation57.85K51.85K3.41K
ReconciledCostOfRevenue0.000.00
EBITDA-2.27M-6.73M-1.28M
EBIT-2.33M-6.78M-1.29M
NetInterestIncome-1.21K26.68K-1.32K
InterestExpense1.41K1.98K1.32K
InterestIncome199.0028.66K0.00
NormalizedIncome-2.24M-4.96M-1.29M
NetIncomeFromContinuingAndDiscontinuedOperation-2.32M-6.77M-1.29M
TotalExpenses2.27M4.99M1.29M
TotalOperatingIncomeAsReported-2.33M-6.81M-1.29M
DilutedAverageShares21.57M21.01M18.05M
BasicAverageShares21.57M21.01M18.05M
DilutedEPS-0.11-0.32-0.07
BasicEPS-0.11-0.32-0.07
DilutedNIAvailtoComStockholders-2.32M-6.77M-1.29M
NetIncomeCommonStockholders-2.32M-6.77M-1.29M
NetIncome-2.32M-6.77M-1.29M
MinorityInterests8.34K5.88K656.00
NetIncomeIncludingNoncontrollingInterests-2.33M-6.78M-1.29M
NetIncomeContinuousOperations-2.33M-6.78M-1.29M
TaxProvision0.000.000.00
PretaxIncome-2.33M-6.78M-1.29M
OtherIncomeExpense-79.57K-1.82M
SpecialIncomeCharges-79.57K-1.82M0.00
WriteOff1.82M0.00
ImpairmentOfCapitalAssets79.57K1.82M0.00
NetNonOperatingInterestIncomeExpense-1.21K26.68K-1.32K
InterestExpenseNonOperating1.41K1.98K1.32K
InterestIncomeNonOperating199.0028.66K0.00
OperatingIncome-2.25M-4.99M-1.29M
OperatingExpense2.27M4.99M1.29M
SellingGeneralAndAdministration2.27M4.99M1.29M
SellingAndMarketingExpense0.00673.07K0.00
GeneralAndAdministrativeExpense2.27M4.32M1.29M
OtherGandA2.27M4.32M1.29M
GrossProfit4.96K0.00
CostOfRevenue0.000.00
TotalRevenue25.41K4.96K0.00
OperatingRevenue25.41K4.96K0.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber27.94M21.19M20.42M18.31M
ShareIssued27.94M21.19M20.42M18.31M
TotalDebt0.00171.72K147.54K0.00
TangibleBookValue1.01M3.10M9.01M269.39K
InvestedCapital1.01M3.17M9.10M269.39K
WorkingCapital983.63K3.00M7.93M269.39K
NetTangibleAssets1.01M3.10M9.01M269.39K
CapitalLeaseObligations0.00106.67K55.24K0.00
CommonStockEquity1.01M3.10M9.01M269.39K
TotalCapitalization1.01M3.10M9.01M269.39K
TotalEquityGrossMinorityInterest999.24K3.10M9.01M269.39K
MinorityInterest-14.87K-6.53K-656.000.00
StockholdersEquity1.01M3.10M9.01M269.39K
GainsLossesNotAffectingRetainedEarnings-6.32K-3.03K1.40K0.00
OtherEquityAdjustments-6.32K-3.03K1.40K
RetainedEarnings-10.64M-8.32M-1.55M-262.36K
AdditionalPaidInCapital11.66M11.43M10.56M530.07K
CapitalStock2.79K2.12K2.04K1.68K
CommonStock2.79K2.12K2.04K1.68K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest82.08K324.14K246.27K31.81K
TotalNonCurrentLiabilitiesNetMinorityInterest0.0052.17K38.45K0.00
LongTermDebtAndCapitalLeaseObligation0.0052.17K38.45K
LongTermCapitalLeaseObligation0.0052.17K38.45K
CurrentLiabilities82.08K271.97K207.82K31.81K
CurrentDebtAndCapitalLeaseObligation119.55K109.09K
CurrentCapitalLeaseObligation0.0054.51K16.79K0.00
CurrentDebt65.04K92.31K
CurrentNotesPayable0.0065.04K92.31K0.00
PayablesAndAccruedExpenses82.08K152.42K98.72K31.81K
CurrentAccruedExpenses12.89K58.03K80.51K
Payables69.19K94.40K18.22K31.81K
DuetoRelatedPartiesCurrent0.0017.76K0.00
AccountsPayable69.19K94.40K453.0031.81K
TotalAssets1.08M3.42M9.26M301.20K
TotalNonCurrentAssets15.61K153.51K1.12M0.00
OtherNonCurrentAssets15.61K20.07K27.42K
NonCurrentPrepaidAssets0.001.02M0.00
NetPPE0.00133.44K71.46K0.00
AccumulatedDepreciation-100.12K-5.75K-35.00
GrossPPE100.12K139.19K71.49K0.00
OtherProperties54.63K
MachineryFurnitureEquipment100.12K35.38K16.86K
BuildingsAndImprovements0.00103.81K54.63K
Properties0.000.000.00
CurrentAssets1.07M3.27M8.13M301.20K
OtherCurrentAssets480.00K
CurrentDeferredAssets0.0063.00K
PrepaidAssets137.09K93.13K113.25K0.00
CashCashEquivalentsAndShortTermInvestments928.62K3.17M7.54M238.20K
CashAndCashEquivalents928.62K3.17M7.54M238.20K
CashFinancial928.62K3.17M7.54M238.20K
Line Item2024-12-312023-12-312022-12-31
FreeCashFlow-2.17M-3.59M-1.46M
RepaymentOfDebt-65.04K-160.56K-93.80K
IssuanceOfCapitalStock0.0011.90M
CapitalExpenditure-67.62K-19.48K-17.66K
InterestPaidSupplementalData1.41K1.98K1.32K
EndCashPosition928.62K3.17M7.56M
BeginningCashPosition3.17M7.56M238.20K
EffectOfExchangeRateChanges-6.41K-600.00-2.44K
ChangesInCash-2.24M-4.38M7.32M
FinancingCashFlow-65.04K-160.56K9.81M
CashFlowFromContinuingFinancingActivities-65.04K-160.56K9.81M
NetOtherFinancingCharges-2.00M
NetCommonStockIssuance0.0011.90M
CommonStockIssuance0.0011.90M
NetIssuancePaymentsOfDebt-65.04K-160.56K-93.80K
NetShortTermDebtIssuance-65.04K-160.56K-93.80K
ShortTermDebtPayments-65.04K-160.56K-93.80K
InvestingCashFlow-67.62K-650.08K-1.04M
CashFlowFromContinuingInvestingActivities-67.62K-650.08K-1.04M
NetOtherInvestingChanges-630.59K-1.02M
NetPPEPurchaseAndSale-67.62K-19.48K-17.66K
PurchaseOfPPE-67.62K-19.48K-17.66K
OperatingCashFlow-2.11M-3.57M-1.44M
CashFlowFromContinuingOperatingActivities-2.11M-3.57M-1.44M
ChangeInWorkingCapital-149.76K626.57K-345.78K
ChangeInOtherCurrentLiabilities-43.46K-43.93K-2.74K
ChangeInOtherCurrentAssets3.78K467.44K-487.81K
ChangeInPayablesAndAccruedExpense-69.49K53.55K68.22K
ChangeInPayable-69.49K53.55K68.22K
ChangeInAccountPayable-69.49K71.38K49.54K
ChangeInPrepaidAssets-40.59K149.50K76.55K
OtherNonCashItems47.70K362.44K
AssetImpairmentCharge79.57K1.89M0.00
DepreciationAmortizationDepletion57.85K51.85K3.41K
DepreciationAndAmortization57.85K51.85K3.41K
Depreciation57.85K51.85K3.41K
OperatingGainsLosses185.92K276.92K185.92K
GainLossOnInvestmentSecurities185.92K276.92K185.92K
NetIncomeFromContinuingOperations-2.33M-6.78M-1.29M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for MGAM
Date User Asset Broker Type Position Size Entry Price Patterns