MGO Global Past Earnings Performance
Past criteria checks 0/6
MGO Global's earnings have been declining at an average annual rate of -63%, while the Luxury industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 78.4% per year.
Key information
-63.0%
Earnings growth rate
-50.0%
EPS growth rate
| Luxury Industry Growth | 12.2% |
| Revenue growth rate | 78.4% |
| Return on equity | -799.6% |
| Net Margin | -133.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How MGO Global makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 5 | -7 | 9 | 0 |
| 30 Sep 23 | 4 | -6 | 7 | 0 |
| 30 Jun 23 | 3 | -4 | 5 | 0 |
| 31 Mar 23 | 1 | -3 | 3 | 0 |
| 31 Dec 22 | 1 | -3 | 2 | 0 |
| 30 Sep 22 | 1 | -2 | 1 | 0 |
| 30 Jun 22 | 1 | -2 | 1 | 0 |
| 31 Mar 22 | 1 | -1 | 1 | 0 |
| 31 Dec 21 | 1 | -1 | 1 | 0 |
| 31 Dec 20 | 1 | -1 | 1 | 0 |
Quality Earnings: MGOL is currently unprofitable.
Growing Profit Margin: MGOL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MGOL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare MGOL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGOL is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.1%).
Return on Equity
High ROE: MGOL has a negative Return on Equity (-799.62%), as it is currently unprofitable.