Magic Empire Global Past Earnings Performance
Past criteria checks 0/6
Magic Empire Global's earnings have been declining at an average annual rate of -97.8%, while the Capital Markets industry saw earnings growing at 8.1% annually. Revenues have been declining at an average rate of 18.9% per year.
Key information
-97.8%
Earnings growth rate
-98.5%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -18.9% |
| Return on equity | -0.4% |
| Net Margin | -3.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Magic Empire 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 | 14 | 0 | 12 | 0 |
| 30 Sep 23 | 12 | -3 | 12 | 0 |
| 30 Jun 23 | 9 | -5 | 12 | 0 |
| 31 Mar 23 | 10 | -4 | 12 | 0 |
| 31 Dec 22 | 11 | -4 | 12 | 0 |
| 30 Sep 22 | 14 | 0 | 7 | 0 |
| 30 Jun 22 | 17 | 3 | 11 | 0 |
| 31 Mar 22 | 17 | 2 | 11 | 0 |
| 31 Dec 21 | 17 | 2 | 11 | 0 |
| 30 Sep 21 | 16 | 1 | 14 | 0 |
| 30 Jun 21 | 15 | 0 | 12 | 0 |
| 31 Mar 21 | 18 | 2 | 12 | 0 |
| 31 Dec 20 | 20 | 4 | 12 | 0 |
| 31 Dec 19 | 28 | 10 | 11 | 0 |
Quality Earnings: MEGL is currently unprofitable.
Growing Profit Margin: MEGL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEGL is unprofitable, and losses have increased over the past 5 years at a rate of 97.8% per year.
Accelerating Growth: Unable to compare MEGL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MEGL is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (15.3%).
Return on Equity
High ROE: MEGL has a negative Return on Equity (-0.36%), as it is currently unprofitable.