お知らせ • May 06
Magic Empire Global Limited has withdrawn its Follow-on Equity Offering in the amount of $8.1 million. Magic Empire Global Limited has withdrawn its Follow-on Equity Offering in the amount of $8.1 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,000,000
Price\Range: $0.54
Discount Per Security: $0.0243 Reported Earnings • Apr 12
Full year 2025 earnings released: HK$1.64 loss per share (vs HK$0.93 loss in FY 2024) Full year 2025 results: HK$1.64 loss per share (further deteriorated from HK$0.93 loss in FY 2024). Revenue: HK$11.5m (down 9.8% from FY 2024). Net loss: HK$8.31m (loss widened 76% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 42% per year. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 70% per year over the past 5 years. Market cap is less than US$10m (US$5.77m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$10m revenue, or US$1.3m). お知らせ • Nov 03
Magic Empire Global Limited, Annual General Meeting, Nov 14, 2025 Magic Empire Global Limited, Annual General Meeting, Nov 14, 2025, at 15:00 China Standard Time. Location: at our office at 3f, 8 wyndham street, central, Hong Kong Reported Earnings • Oct 20
First half 2025 earnings released: HK$0.90 loss per share (vs HK$0.12 profit in 1H 2024) First half 2025 results: HK$0.90 loss per share (down from HK$0.12 profit in 1H 2024). Revenue: HK$5.11m (down 34% from 1H 2024). Net loss: HK$4.55m (down HK$5.18m from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings. お知らせ • May 10
Magic Empire Global Limited has filed a Follow-on Equity Offering. Magic Empire Global Limited has filed a Follow-on Equity Offering.
Security Name: Class A ordinary shares
Security Type: Common Stock
Securities Offered: 15,000,000 New Risk • May 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 23% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 75% per year over the past 5 years. Market cap is less than US$10m (US$5.98m market cap). Minor Risk Revenue is less than US$5m (HK$13m revenue, or US$1.6m). Reported Earnings • Apr 15
Full year 2024 earnings released: HK$0.93 loss per share (vs HK$0.096 loss in FY 2023) Full year 2024 results: HK$0.93 loss per share (further deteriorated from HK$0.096 loss in FY 2023). Revenue: HK$12.8m (down 7.3% from FY 2023). Net loss: HK$4.73m (loss widened HK$4.25m from FY 2023). お知らせ • Mar 05
Magic Empire Global Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement Magic Empire Global Limited announced that the bid price deficiency concern raised by Nasdaq has been successfully resolved. The Company has received written notification (the “Nasdaq Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement set in the rules for continued listing on the Nasdaq Capital Market (the “Listing Rules”). On February 26, 2025, the Company received a letter from Nasdaq notifying the Company that it has not regained compliance with Listing Rule 5550(a)(2). Accordingly, its securities will be delisted from the Capital Market. The Company may appeal Staff’s determination to the Panel, pursuant to the procedures set in the Nasdaq Listing Rule 5800 Series. On March 4, 2025, the Company received formal notification from Nasdaq, that the Company has regained compliance with the Nasdaq Minimum Bid Price Requirement. Nasdaq made this determination of compliance after the closing bid price of the Company’s ordinary shares was at $1.00 per share or greater for the last 10 consecutive business days from February 18, 2025 to March 3, 2025. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed. MEGL remains committed to maintaining the highest standards of corporate governance and compliance. The company appreciates the support of its shareholders. Board Change • Jan 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.