$MGHL
MORGAN GROUP HOLDING CO

2020 Q3 Form 10-Q Financial Statement

#000114036120025712 Filed on November 16, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3 2019 Q2
Revenue $1.082M $2.396M $2.155M
YoY Change -54.84%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.014M $32.81K $11.65K
YoY Change 2990.12% 228.1% 16.5%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.830K
YoY Change
% of Gross Profit
Operating Expenses $1.407M $2.813M $3.234M
YoY Change -49.97% 28028.21% 32235.32%
Operating Profit
YoY Change
Interest Expense $460.00 $580.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$325.2K -$416.8K -$1.079M
YoY Change -21.98% 4549.21% 9598.1%
Income Tax -$61.01K -$83.78K -$245.6K
% Of Pretax Income
Net Earnings -$264.2K -$333.0K -$833.2K
YoY Change -20.67% 3614.68% 7390.44%
Net Earnings / Revenue -24.42% -13.9% -38.67%
Basic Earnings Per Share
Diluted Earnings Per Share -$440.2K -$665.8K -$228.0K
COMMON SHARES
Basic Shares Outstanding 600.1K 4.859M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.410M $79.07K $91.27K
YoY Change 6741.57% -39.18% -34.81%
Cash & Equivalents $5.410M $5.504M $5.651M
Short-Term Investments
Other Short-Term Assets $200.0K $9.880K $11.83K
YoY Change 1924.29% -1.2% -40.85%
Inventory
Prepaid Expenses $9.875K $11.83K
Receivables
Other Receivables
Total Short-Term Assets $5.759M $88.95K $103.1K
YoY Change 6374.25% -38.98% -35.74%
LONG-TERM ASSETS
Property, Plant & Equipment $35.55K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $160.8K
YoY Change
Total Long-Term Assets $595.5K $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $5.759M $88.95K $103.1K
Total Long-Term Assets $595.5K $0.00 $0.00
Total Assets $6.354M $88.95K $103.1K
YoY Change 7043.73% -38.98% -35.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $600.5K $18.19K $0.00
YoY Change 3200.83% 8095.05% -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $705.9K $18.19K $0.00
YoY Change 3780.12% 8095.05% -100.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $468.1K
YoY Change
Total Long-Term Liabilities $468.1K $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $705.9K $18.19K $0.00
Total Long-Term Liabilities $468.1K $0.00 $0.00
Total Liabilities $1.174M $18.19K $0.00
YoY Change 6352.86% 8095.05% -100.0%
SHAREHOLDERS EQUITY
Retained Earnings -$48.71M -$5.915M -$5.883M
YoY Change 723.5% 1.28% 0.88%
Common Stock $6.001K $48.59K $48.59K
YoY Change -87.65% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.180M $4.811M $5.144M
YoY Change
Total Liabilities & Shareholders Equity $6.354M $88.95K $103.1K
YoY Change 7043.73% -38.98% -35.74%

Cashflow Statement

Concept 2020 Q3 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income -$264.2K -$333.0K -$833.2K
YoY Change -20.67% 3614.68% 7390.44%
Depreciation, Depletion And Amortization $2.830K
YoY Change
Cash From Operating Activities $446.6K -$12.19K -$23.04K
YoY Change -3763.58% 21.9% -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 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 446.6K -12.19K -23.04K
Cash From Investing Activities
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash 446.6K -12.19K -23.04K
YoY Change -3763.58% 21.9% -117.72%
FREE CASH FLOW
Cash From Operating Activities $446.6K -$12.19K -$23.04K
Capital Expenditures
Free Cash Flow
YoY Change

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EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MORGAN GROUP HOLDING CO
dei Entity Central Index Key
EntityCentralIndexKey
0001162283
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
600090
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Type
DocumentType
10-Q
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Shell Company
EntityShellCompany
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
true
CY2019Q4 mghl Deferred Income Tax Assets Net Of Valuation Allowances And Deferred Tax Liability
DeferredIncomeTaxAssetsNetOfValuationAllowancesAndDeferredTaxLiability
2930
CY2020Q3 mghl Deferred Income Tax Assets Net Of Valuation Allowances And Deferred Tax Liability
DeferredIncomeTaxAssetsNetOfValuationAllowancesAndDeferredTaxLiability
0
CY2019Q3 mghl Research Services Fees From Affiliated Entities
ResearchServicesFeesFromAffiliatedEntities
375000
mghl Research Services Fees From Affiliated Entities
ResearchServicesFeesFromAffiliatedEntities
0
CY2020Q3 mghl Research Services Fees From Affiliated Entities
ResearchServicesFeesFromAffiliatedEntities
0
mghl Research Services Fees From Affiliated Entities
ResearchServicesFeesFromAffiliatedEntities
1127500
CY2019Q3 mghl Sales Manager Fees
SalesManagerFees
468189
mghl Sales Manager Fees
SalesManagerFees
590760
CY2020Q3 mghl Sales Manager Fees
SalesManagerFees
0
mghl Sales Manager Fees
SalesManagerFees
334825
mghl Principal Transactions
PrincipalTransactions
5924
CY2020Q3 mghl Principal Transactions
PrincipalTransactions
2961
CY2019Q3 mghl Principal Transactions
PrincipalTransactions
6353
CY2019Q2 mghl Stockholders Equity Return Of Capital
StockholdersEquityReturnOfCapital
3300000
CY2019Q3 mghl Stockholders Equity Return Of Capital
StockholdersEquityReturnOfCapital
3300000
mghl Income Taxes Received From Parent
IncomeTaxesReceivedFromParent
107158
mghl Income Taxes Received From Parent
IncomeTaxesReceivedFromParent
857253
mghl Number Of Nyse Member Firms Through Which All Securities Transactions Are Cleared
NumberOfNYSEMemberFirmsThroughWhichAllSecuritiesTransactionsAreCleared
3
mghl Underwriter Payment Receiving Maximum Period
UnderwriterPaymentReceivingMaximumPeriod
P90D
CY2020Q3 mghl Number Of Shares Issued On Pro Rata Basis
NumberOfSharesIssuedOnProRataBasis
500000

Files In Submission

Name View Source Status
0001140361-20-025712-index-headers.html Edgar Link pending
0001140361-20-025712-index.html Edgar Link pending
0001140361-20-025712.txt Edgar Link pending
0001140361-20-025712-xbrl.zip Edgar Link pending
brhc10017047_10q.htm Edgar Link pending
brhc10017047_ex31-1.htm Edgar Link pending
brhc10017047_ex31-2.htm Edgar Link pending
brhc10017047_ex32-1.htm Edgar Link pending
brhc10017047_ex32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mghl-20200930.xml Edgar Link completed
mghl-20200930.xsd Edgar Link pending
mghl-20200930_cal.xml Edgar Link unprocessable
mghl-20200930_def.xml Edgar Link unprocessable
mghl-20200930_lab.xml Edgar Link unprocessable
mghl-20200930_pre.xml Edgar Link unprocessable
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report.css Edgar Link pending
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