MicroAlgo Inc (MLGO)

Technology | Software Infrastructure
Income Statement (Quarterly) 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Revenue 17,197,000 17,887,000 19,983,000 20,112,310
Cost of Revenue 12,656,000 13,164,000 13,964,000 14,054,490
Gross Profit 4,541,000 4,723,000 6,019,000 6,057,820
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 889,000 924,649 616,809 620,816
Operating Expenses 3,346,000 3,480,000 5,833,000 5,871,156
Operating Income 1,195,000 1,243,000 185,459 186,664
Interest Expense 0 0 0 0
Income Before Tax 2,424,000 2,521,000 1,592,000 1,602,700
Income Tax Expense 354,161 368,362 66,598 67,031
Net Income 1,531,000 1,592,000 1,119,000 1,125,937
Per Share
EPS 0.22 0.23 0.04 0.04
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 75,328,000 81,891,992 87,132,230 529,250,664 307,788,730
Cost of Revenue 53,937,000 57,326,545 68,180,339 315,597,133 182,618,305
Gross Profit 21,391,000 24,565,447 18,951,891 213,653,531 125,170,425
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 3,053,000 20,485,532 5,692,152 39,469,617 16,207,013
Operating Expenses 18,590,000 59,055,010 19,620,581 146,504,889 31,084,452
Operating Income 2,801,000 -34,615,466 -68,574 51,930,792 94,085,973
Interest Expense 109,233 86,582 65,982 1,790,309 1,067,624
Income Before Tax 8,143,000 -37,937,465 -7,484,786 55,285,000 93,918,470
Income Tax Expense 853,882 -353,034 -564,793 547,209 2,446,634
Net Income 5,370,000 -37,868,800 -6,919,993 55,275,851 91,483,427
Per Share
EPS 0.40 -8.30 -1.74 1.26 2.09
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 144,112,000 44,786,884 42,746,270 272,368,599
Short Term Investments 20,809,000 2,599,455 0 0
Net Receivables 3,299,000 3,249,009 8,610,876 41,518,475
Inventory 0 1 130,524 5,251,250
Total Current Assets 175,918,000 57,645,685 55,210,655 344,264,627
Property Plant Equipment 279,962 158,508 296,215 2,525,580
Goodwill and Intangibles 0 0 16,223,510 167,799,200
Total Assets 176,275,000 57,960,984 72,086,734 520,332,679
Liabilities
Account Payables 2,587,000 2,955,501 2,041,951 13,086,682
Short Term Debt 22,938,794 1,945,517 150,666 1,047,152
Total Current Liabilities 28,785,000 12,045,655 4,803,435 140,033,868
Long Term Debt 96,899 0 30,754 1,009,917
Total Liabilities 28,882,000 12,045,655 5,075,274 146,440,243
Shareholders Equity
Retained Earnings -4,670,000 -10,893,664 19,141,699 178,918,737
Total Shareholders Equity 144,946,000 45,379,112 66,755,805 372,342,087
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 144,112,000 44,786,884 42,746,270 272,368,599 242,142,524
Short Term Investments 20,809,000 2,599,455 0 0 0
Net Receivables 3,299,000 3,249,009 8,610,876 41,518,475 52,258,029
Inventory 0 1 130,524 5,251,250 949,928
Total Current Assets 175,918,000 57,645,685 55,210,655 344,264,627 304,473,636
Property Plant Equipment 279,962 158,508 296,215 2,525,580 1,726,864
Goodwill and Intangibles 0 0 16,223,510 167,799,200 175,022,433
Total Assets 176,275,000 57,960,984 72,086,734 520,332,679 482,621,752
Liabilities
Account Payables 2,587,000 2,955,501 2,041,951 13,086,682 10,666,440
Short Term Debt 22,938,794 1,945,517 150,666 1,047,152 13,827,427
Total Current Liabilities 28,785,000 12,045,655 4,803,435 140,033,868 155,523,392
Long Term Debt 96,899 0 30,754 1,009,917 570,964
Total Liabilities 28,882,000 12,045,655 5,075,274 146,440,243 163,012,407
Shareholders Equity
Retained Earnings -4,670,000 -10,893,664 19,141,699 178,918,737 128,098,769
Total Shareholders Equity 144,946,000 45,379,112 66,755,805 372,342,087 317,521,266
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 5,370,000 -37,868,800 -6,919,993 54,737,791
Depreciation & Amortization 186,000 1,071,402 1,520,115 10,402,419
Stock Based Compensation 0 16,852,886 0 0
Change in Working Capital -8,150,000 -1,334,533 -302,369 17,139,538
Operating Cash Flow 4,075,000 -6,411,681 1,955,358 98,530,184
Investing Activities
Capital Expenditure -3,984 6,411,681 -160,923 -232,314
Investments -3,983 6,411,681 -160,923 -232,314
Investing Cash Flow -17,336,000 -2,360,262 2,763,954 -41,830,676
Financing Activities
Debt Repayment 94,596,000 -7,195,240 0 -26,147,837
Common Stock Issued/Repurchased 17,952,000 0 20,661,356 0
Dividends Paid 0 0 0 0
Financing Cash Flow 112,548,000 10,808,466 -2,422,918 -25,079,283
Summary
Free Cash Flow 4,071,000 0 1,794,435 98,297,870
Net Change in Cash 99,983,000 2,040,614 26,475 30,226,075
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 5,370,000 -37,868,800 -6,919,993 54,737,791 91,471,836
Depreciation & Amortization 186,000 1,071,402 1,520,115 10,402,419 5,027,310
Stock Based Compensation 0 16,852,886 0 0 3,949,066
Change in Working Capital -8,150,000 -1,334,533 -302,369 17,139,538 -4,813,718
Operating Cash Flow 4,075,000 -6,411,681 1,955,358 98,530,184 96,200,132
Investing Activities
Capital Expenditure -3,984 6,411,681 -160,923 -232,314 -402,409
Investments -3,983 6,411,681 -160,923 -232,314 -402,409
Investing Cash Flow -17,336,000 -2,360,262 2,763,954 -41,830,676 33,514,895
Financing Activities
Debt Repayment 94,596,000 -7,195,240 0 -26,147,837 -16,062,786
Common Stock Issued/Repurchased 17,952,000 0 20,661,356 0 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow 112,548,000 10,808,466 -2,422,918 -25,079,283 112,966,844
Summary
Free Cash Flow 4,071,000 0 1,794,435 98,297,870 95,797,723
Net Change in Cash 99,983,000 2,040,614 26,475 30,226,075 239,959,830