$MGHL
MORGAN GROUP HOLDING CO

2020 Q2 Form 10-Q Financial Statement

#000114036120018494 Filed on August 14, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $1.110M $2.155M
YoY Change -48.48%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.184M $11.65K
YoY Change 10058.88% 16.5%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.040K
YoY Change
% of Gross Profit
Operating Expenses $1.551M $3.234M
YoY Change -52.02% 32235.32%
Operating Profit
YoY Change
Interest Expense $580.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$441.3K -$1.079M
YoY Change -59.09% 9598.1%
Income Tax -$130.9K -$245.6K
% Of Pretax Income
Net Earnings -$310.4K -$833.2K
YoY Change -62.74% 7390.44%
Net Earnings / Revenue -27.96% -38.67%
Basic Earnings Per Share
Diluted Earnings Per Share -$517.3K -$228.0K
COMMON SHARES
Basic Shares Outstanding 60.01M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.963M $91.27K
YoY Change 5337.76% -34.81%
Cash & Equivalents $4.963M $5.651M
Short-Term Investments
Other Short-Term Assets $200.0K $11.83K
YoY Change 1590.62% -40.85%
Inventory
Prepaid Expenses $11.83K
Receivables
Other Receivables
Total Short-Term Assets $5.998M $103.1K
YoY Change 5717.37% -35.74%
LONG-TERM ASSETS
Property, Plant & Equipment $38.38K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $191.5K
YoY Change
Total Long-Term Assets $580.9K $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $5.998M $103.1K
Total Long-Term Assets $580.9K $0.00
Total Assets $6.579M $103.1K
YoY Change 6280.76% -35.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $574.6K $0.00
YoY Change -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $733.1K $0.00
YoY Change -100.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $401.2K
YoY Change
Total Long-Term Liabilities $401.2K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $733.1K $0.00
Total Long-Term Liabilities $401.2K $0.00
Total Liabilities $1.134M $0.00
YoY Change -100.0%
SHAREHOLDERS EQUITY
Retained Earnings -$48.45M -$5.883M
YoY Change 723.54% 0.88%
Common Stock $6.001K $48.59K
YoY Change -87.65% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.444M $5.144M
YoY Change
Total Liabilities & Shareholders Equity $6.579M $103.1K
YoY Change 6280.76% -35.74%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$310.4K -$833.2K
YoY Change -62.74% 7390.44%
Depreciation, Depletion And Amortization $3.040K
YoY Change
Cash From Operating Activities -$705.8K -$23.04K
YoY Change 2963.5% -53.92%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -705.8K -23.04K
Cash From Investing Activities
Cash From Financing Activities 0.000 0.000
Net Change In Cash -705.8K -23.04K
YoY Change 2963.5% -117.72%
FREE CASH FLOW
Cash From Operating Activities -$705.8K -$23.04K
Capital Expenditures
Free Cash Flow
YoY Change

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MORGAN GROUP HOLDING CO
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SalesManagerFees
0
mghl Sales Manager Fees
SalesManagerFees
122571
CY2019Q2 mghl Sales Manager Fees
SalesManagerFees
122571
mghl Sales Manager Fees
SalesManagerFees
334825
CY2019Q2 mghl Principal Transactions
PrincipalTransactions
1190
CY2020Q2 mghl Principal Transactions
PrincipalTransactions
2060
mghl Principal Transactions
PrincipalTransactions
2963
mghl Principal Transactions
PrincipalTransactions
1270
CY2019Q2 mghl Stockholders Equity Return Of Capital
StockholdersEquityReturnOfCapital
3300000
mghl Income Taxes Received From Parent
IncomeTaxesReceivedFromParent
91536
mghl Income Taxes Received From Parent
IncomeTaxesReceivedFromParent
781478
mghl Underwriter Payment Receiving Maximum Period
UnderwriterPaymentReceivingMaximumPeriod
P90D
mghl Number Of Nyse Member Firms Through Which All Securities Transactions Are Cleared
NumberOfNYSEMemberFirmsThroughWhichAllSecuritiesTransactionsAreCleared
3
CY2019Q3 mghl Stockholders Equity Capital Contribution
StockholdersEquityCapitalContribution
3300000

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