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MLGO

MicroAlgo NasdaqCM:MLGO Stock Report

Last Price

US$2.50

Market Cap

US$18.9m

7D

-3.5%

1Y

-87.0%

Updated

01 May, 2024

Data

Company Financials

MLGO Stock Overview

MicroAlgo Inc. develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally.

MLGO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MicroAlgo Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MicroAlgo
Historical stock prices
Current Share PriceUS$2.50
52 Week HighUS$156.00
52 Week LowUS$2.17
Beta0.71
1 Month Change-33.86%
3 Month Change-38.82%
1 Year Change-86.98%
3 Year Change-97.49%
5 Year Changen/a
Change since IPO-97.43%

Recent News & Updates

Recent updates

MicroAlgo (NASDAQ:MLGO) Will Want To Turn Around Its Return Trends

Jan 09
MicroAlgo (NASDAQ:MLGO) Will Want To Turn Around Its Return Trends

Shareholder Returns

MLGOUS ITUS Market
7D-3.5%-4.7%-0.7%
1Y-87.0%21.8%22.3%

Return vs Industry: MLGO underperformed the US IT industry which returned 21.8% over the past year.

Return vs Market: MLGO underperformed the US Market which returned 22.3% over the past year.

Price Volatility

Is MLGO's price volatile compared to industry and market?
MLGO volatility
MLGO Average Weekly Movement37.6%
IT Industry Average Movement8.0%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: MLGO's share price has been volatile over the past 3 months.

Volatility Over Time: MLGO's weekly volatility has decreased from 51% to 38% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a86Min Shun/a

MicroAlgo Inc. develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services.

MicroAlgo Inc. Fundamentals Summary

How do MicroAlgo's earnings and revenue compare to its market cap?
MLGO fundamental statistics
Market capUS$18.88m
Earnings (TTM)-US$37.04m
Revenue (TTM)US$80.10m

0.2x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MLGO income statement (TTM)
RevenueCN¥580.02m
Cost of RevenueCN¥406.03m
Gross ProfitCN¥173.99m
Other ExpensesCN¥442.20m
Earnings-CN¥268.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-35.22
Gross Margin30.00%
Net Profit Margin-46.24%
Debt/Equity Ratio4.2%

How did MLGO perform over the long term?

See historical performance and comparison
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