MGO Global Past Earnings Performance
Past criteria checks 0/6
MGO Global's earnings have been declining at an average annual rate of -65.2%, while the Luxury industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 502.1% per year.
Key information
-65.2%
Earnings growth rate
-51.8%
EPS growth rate
| Luxury Industry Growth | 12.2% |
| Revenue growth rate | 502.1% |
| Return on equity | -418.1% |
| Net Margin | -143.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
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 Mar 24 | 6 | -9 | 11 | 0 |
| 31 Dec 23 | 5 | -7 | 9 | 0 |
| 30 Sep 23 | 4 | -5 | 7 | 0 |
| 30 Jun 23 | 3 | -3 | 4 | 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: MGOL is unprofitable, and losses have increased over the past 5 years at a rate of 65.2% per year.
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 (2.7%).
Return on Equity
High ROE: MGOL has a negative Return on Equity (-418.14%), as it is currently unprofitable.