Symbols / MGAM $0.03 +3.85% Mobile Global Esports Inc.

Communication Services • Electronic Gaming & Multimedia • United States • OID
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 1.64M
Enterprise Value 1.47M 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 -0.09 PEG —
P/S 64.29 P/B 6.75 P/C —
EV/EBITDA -0.56 EV/Sales 57.62 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 35.82M Short Float 0.87% Short Ratio 0.36
Short Interest — 52W High 0.24 52W Low 0.01
Beta -4.02 Avg Volume 56.15K Volume 20.00K
Target Price — Recom None Prev Close $0.03
Price $0.03 Change 3.85%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.03
Latest analyst target
3. DCF / Fair value
$-0.22
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.03
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
News
RSS: Latest MGAM news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31
Total Revenue
0.03
+412.07%
0.00
0.00
Operating Revenue
0.03
+412.07%
0.00
0.00
Cost Of Revenue
—
0.00
0.00
Reconciled Cost Of Revenue
—
0.00
0.00
Gross Profit
—
0.00
0.00
Operating Expense
2.27
-54.48%
4.99
+288.16%
1.29
Selling General And Administration
2.27
-54.48%
4.99
+288.16%
1.29
Selling And Marketing Expense
0.00
-100.00%
0.67
0.00
General And Administrative Expense
2.27
-47.39%
4.32
+235.84%
1.29
Other Gand A
2.27
-47.39%
4.32
+235.84%
1.29
Total Expenses
2.27
-54.48%
4.99
+288.16%
1.29
Operating Income
-2.25
+54.94%
-4.99
-287.78%
-1.29
Total Operating Income As Reported
-2.33
+65.81%
-6.81
-429.08%
-1.29
EBITDA
-2.27
+66.26%
-6.73
-424.22%
-1.28
Normalized EBITDA
-2.19
+55.39%
-4.91
-282.53%
-1.28
Reconciled Depreciation
0.06
+11.58%
0.05
+1418.66%
0.00
EBIT
-2.33
+65.67%
-6.78
-426.86%
-1.29
Total Unusual Items
-0.08
+95.62%
-1.82
0.00
Total Unusual Items Excluding Goodwill
-0.08
+95.62%
-1.82
0.00
Special Income Charges
-0.08
+95.62%
-1.82
0.00
Impairment Of Capital Assets
0.08
-95.62%
1.82
0.00
Write Off
—
1.82
0.00
Net Income
-2.32
+65.75%
-6.77
-426.28%
-1.29
Pretax Income
-2.33
+65.66%
-6.78
-426.47%
-1.29
Net Non Operating Interest Income Expense
-0.00
-104.53%
0.03
+2118.08%
-0.00
Interest Expense Non Operating
0.00
-28.78%
0.00
+49.55%
0.00
Net Interest Income
-0.00
-104.53%
0.03
+2118.08%
-0.00
Interest Expense
0.00
-28.78%
0.00
+49.55%
0.00
Interest Income Non Operating
0.00
-99.31%
0.03
0.00
Interest Income
0.00
-99.31%
0.03
0.00
Other Income Expense
-0.08
+95.62%
-1.82
—
Tax Provision
0.00
0.00
0.00
Tax Rate For Calcs
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-2.33
+65.66%
-6.78
-426.47%
-1.29
Net Income From Continuing Operation Net Minority Interest
-2.32
+65.75%
-6.77
-426.28%
-1.29
Net Income From Continuing And Discontinued Operation
-2.32
+65.75%
-6.77
-426.28%
-1.29
Net Income Continuous Operations
-2.33
+65.66%
-6.78
-426.47%
-1.29
Minority Interests
0.01
+41.91%
0.01
+795.58%
0.00
Normalized Income
-2.24
+54.79%
-4.96
-285.05%
-1.29
Net Income Common Stockholders
-2.32
+65.75%
-6.77
-426.28%
-1.29
Diluted EPS
-0.11
+65.63%
-0.32
-357.14%
-0.07
Basic EPS
-0.11
+65.63%
-0.32
-357.14%
-0.07
Basic Average Shares
21.57
+2.66%
21.01
+16.37%
18.05
Diluted Average Shares
21.57
+2.66%
21.01
+16.37%
18.05
Diluted NI Availto Com Stockholders
-2.32
+65.75%
-6.77
-426.28%
-1.29
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
1.08
-68.39%
3.42
-63.04%
9.26
+2973.31%
0.30
Current Assets
1.07
-67.39%
3.27
-59.82%
8.13
+2600.17%
0.30
Cash Cash Equivalents And Short Term Investments
0.93
-70.75%
3.17
-57.89%
7.54
+3065.24%
0.24
Cash And Cash Equivalents
0.93
-70.75%
3.17
-57.89%
7.54
+3065.24%
0.24
Cash Financial
0.93
-70.75%
3.17
-57.89%
7.54
+3065.24%
0.24
Prepaid Assets
0.14
+47.21%
0.09
-17.77%
0.11
0.00
Current Deferred Assets
—
—
0.00
-100.00%
0.06
Other Current Assets
—
—
0.48
—
Total Non Current Assets
0.02
-89.83%
0.15
-86.34%
1.12
0.00
Net PPE
0.00
-100.00%
0.13
+86.75%
0.07
0.00
Gross PPE
0.10
-28.07%
0.14
+94.70%
0.07
0.00
Accumulated Depreciation
-0.10
-1641.88%
-0.01
-16322.86%
-0.00
—
Properties
0.00
0.00
0.00
—
Buildings And Improvements
0.00
-100.00%
0.10
+90.01%
0.05
—
Machinery Furniture Equipment
0.10
+182.99%
0.04
+109.88%
0.02
—
Other Properties
—
—
0.05
—
Non Current Prepaid Assets
—
0.00
-100.00%
1.02
0.00
Other Non Current Assets
0.02
-22.24%
0.02
-26.82%
0.03
—
Total Liabilities Net Minority Interest
0.08
-74.68%
0.32
+31.62%
0.25
+674.09%
0.03
Current Liabilities
0.08
-69.82%
0.27
+30.87%
0.21
+553.22%
0.03
Payables And Accrued Expenses
0.08
-46.15%
0.15
+54.39%
0.10
+210.31%
0.03
Payables
0.07
-26.71%
0.09
+418.21%
0.02
-42.74%
0.03
Accounts Payable
0.07
-26.71%
0.09
+20738.19%
0.00
-98.58%
0.03
Current Accrued Expenses
0.01
-77.79%
0.06
-27.92%
0.08
—
Current Debt And Capital Lease Obligation
—
0.12
+9.58%
0.11
—
Current Debt
—
0.07
-29.54%
0.09
—
Current Capital Lease Obligation
0.00
-100.00%
0.05
+224.73%
0.02
0.00
Total Non Current Liabilities Net Minority Interest
0.00
-100.00%
0.05
+35.67%
0.04
0.00
Long Term Debt And Capital Lease Obligation
0.00
-100.00%
0.05
+35.67%
0.04
—
Long Term Capital Lease Obligation
0.00
-100.00%
0.05
+35.67%
0.04
—
Stockholders Equity
1.01
-67.33%
3.10
-65.56%
9.01
+3245.08%
0.27
Common Stock Equity
1.01
-67.33%
3.10
-65.56%
9.01
+3245.08%
0.27
Capital Stock
0.00
+31.81%
0.00
+3.77%
0.00
+21.48%
0.00
Common Stock
0.00
+31.81%
0.00
+3.77%
0.00
+21.48%
0.00
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
27.94
+31.83%
21.19
+3.77%
20.42
+11.53%
18.31
Ordinary Shares Number
27.94
+31.83%
21.19
+3.77%
20.42
+11.53%
18.31
Additional Paid In Capital
11.66
+2.04%
11.43
+8.24%
10.56
+1891.67%
0.53
Retained Earnings
-10.64
-27.87%
-8.32
-437.16%
-1.55
-490.56%
-0.26
Gains Losses Not Affecting Retained Earnings
-0.01
-108.51%
-0.00
-316.73%
0.00
0.00
Minority Interest
-0.01
-127.65%
-0.01
-895.58%
-0.00
0.00
Other Equity Adjustments
-0.01
-108.51%
-0.00
-316.73%
0.00
—
Total Equity Gross Minority Interest
1.00
-67.74%
3.10
-65.63%
9.01
+3244.84%
0.27
Total Capitalization
1.01
-67.33%
3.10
-65.56%
9.01
+3245.08%
0.27
Working Capital
0.98
-67.17%
3.00
-62.20%
7.93
+2841.91%
0.27
Invested Capital
1.01
-68.00%
3.17
-65.19%
9.10
+3279.35%
0.27
Total Debt
0.00
-100.00%
0.17
+16.38%
0.15
0.00
Capital Lease Obligations
0.00
-100.00%
0.11
+93.12%
0.06
0.00
Net Tangible Assets
1.01
-67.33%
3.10
-65.56%
9.01
+3245.08%
0.27
Tangible Book Value
1.01
-67.33%
3.10
-65.56%
9.01
+3245.08%
0.27
Current Notes Payable
0.00
-100.00%
0.07
-29.54%
0.09
0.00
Dueto Related Parties Current
—
0.00
-100.00%
0.02
0.00
Line Item Trend 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-2.11
+41.04%
-3.57
-147.47%
-1.44
Cash Flow From Continuing Operating Activities
-2.11
+41.04%
-3.57
-147.47%
-1.44
Net Income From Continuing Operations
-2.33
+65.66%
-6.78
-426.47%
-1.29
Depreciation Amortization Depletion
0.06
+11.58%
0.05
+1418.66%
0.00
Depreciation
0.06
+11.58%
0.05
+1418.66%
0.00
Depreciation And Amortization
0.06
+11.58%
0.05
+1418.66%
0.00
Other Non Cash Items
0.05
-86.84%
0.36
—
Asset Impairment Charge
0.08
-95.79%
1.89
0.00
Operating Gains Losses
0.19
-32.86%
0.28
+48.95%
0.19
Gain Loss On Investment Securities
0.19
-32.86%
0.28
+48.95%
0.19
Change In Working Capital
-0.15
-123.90%
0.63
+281.21%
-0.35
Change In Prepaid Assets
-0.04
-127.15%
0.15
+95.29%
0.08
Change In Payables And Accrued Expense
-0.07
-229.75%
0.05
-21.49%
0.07
Change In Payable
-0.07
-229.75%
0.05
-21.49%
0.07
Change In Account Payable
-0.07
-197.35%
0.07
+44.08%
0.05
Change In Other Current Assets
0.00
-99.19%
0.47
+195.83%
-0.49
Change In Other Current Liabilities
-0.04
+1.06%
-0.04
-1500.80%
-0.00
Investing Cash Flow
-0.07
+89.60%
-0.65
+37.65%
-1.04
Cash Flow From Continuing Investing Activities
-0.07
+89.60%
-0.65
+37.65%
-1.04
Net PPE Purchase And Sale
-0.07
-247.07%
-0.02
-10.30%
-0.02
Purchase Of PPE
-0.07
-247.07%
-0.02
-10.30%
-0.02
Capital Expenditure
-0.07
-247.07%
-0.02
-10.30%
-0.02
Net Other Investing Changes
—
-0.63
+38.48%
-1.02
Financing Cash Flow
-0.07
+59.49%
-0.16
-101.64%
9.81
Cash Flow From Continuing Financing Activities
-0.07
+59.49%
-0.16
-101.64%
9.81
Net Issuance Payments Of Debt
-0.07
+59.49%
-0.16
-71.17%
-0.09
Repayment Of Debt
-0.07
+59.49%
-0.16
-71.17%
-0.09
Short Term Debt Payments
-0.07
+59.49%
-0.16
-71.17%
-0.09
Net Short Term Debt Issuance
-0.07
+59.49%
-0.16
-71.17%
-0.09
Net Common Stock Issuance
—
0.00
-100.00%
11.90
Net Other Financing Charges
—
—
-2.00
Changes In Cash
-2.24
+48.92%
-4.38
-159.86%
7.32
Effect Of Exchange Rate Changes
-0.01
-967.83%
-0.00
+75.44%
-0.00
Beginning Cash Position
3.17
-58.00%
7.56
+3073.64%
0.24
End Cash Position
0.93
-70.75%
3.17
-58.00%
7.56
Free Cash Flow
-2.17
+39.48%
-3.59
-145.81%
-1.46
Interest Paid Supplemental Data
0.00
-28.78%
0.00
+49.55%
0.00
Common Stock Issuance
—
0.00
-100.00%
11.90
Issuance Of Capital Stock
—
0.00
-100.00%
11.90
SEC Filings

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

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