$MGHL
MORGAN GROUP HOLDING CO

2021 Q1 Form 10-Q Financial Statement

#000114036121017707 Filed on May 17, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $678.1K $1.443M
YoY Change -53.0% -27.22%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $954.4K $1.455M
YoY Change -34.38% 6126.63%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.825K $3.038K
YoY Change -7.01% -5.56%
% of Gross Profit
Operating Expenses $1.240M $1.862M
YoY Change -33.37% -43.41%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$562.4K -$419.1K
YoY Change 34.19% -67.95%
Income Tax $0.00 -$136.7K
% Of Pretax Income
Net Earnings -$562.4K -$282.5K
YoY Change 99.11% -72.86%
Net Earnings / Revenue -82.94% -19.58%
Basic Earnings Per Share -$0.94 -$0.47
Diluted Earnings Per Share -$0.94 -$0.47
COMMON SHARES
Basic Shares Outstanding 600.1K 600.1K
Diluted Shares Outstanding 600.1K 600.1K

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.919M $5.669M
YoY Change -30.86% 4859.21%
Cash & Equivalents $3.919M $5.669M
Short-Term Investments
Other Short-Term Assets $200.0K $200.0K
YoY Change 0.0% 16706.72%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.617M $6.340M
YoY Change -27.17% 5389.23%
LONG-TERM ASSETS
Property, Plant & Equipment $31.09K $41.42K
YoY Change -24.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $232.2K $249.3K
YoY Change -6.85%
Total Long-Term Assets $263.3K $585.9K
YoY Change -55.05%
TOTAL ASSETS
Total Short-Term Assets $4.617M $6.340M
Total Long-Term Assets $263.3K $585.9K
Total Assets $4.881M $6.926M
YoY Change -29.53% 5896.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $544.0K $551.0K
YoY Change -1.27% 41958.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $608.4K $828.8K
YoY Change -26.59% 63167.18%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $227.4K $342.2K
YoY Change -33.55%
Total Long-Term Liabilities $227.4K $342.2K
YoY Change -33.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $608.4K $828.8K
Total Long-Term Liabilities $227.4K $342.2K
Total Liabilities $835.8K $1.171M
YoY Change -28.62% 89291.07%
SHAREHOLDERS EQUITY
Retained Earnings -$49.85M -$48.14M
YoY Change 3.55%
Common Stock $6.001K $600.1K
YoY Change -99.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.045M $5.755M
YoY Change
Total Liabilities & Shareholders Equity $4.881M $6.926M
YoY Change -29.53% 5896.46%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$562.4K -$282.5K
YoY Change 99.11% -72.86%
Depreciation, Depletion And Amortization $2.825K $3.038K
YoY Change -7.01% -5.56%
Cash From Operating Activities -$827.0K -$918.2K
YoY Change -9.93% -49.66%
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
YoY Change
NET CHANGE
Cash From Operating Activities -827.0K -918.2K
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash -827.0K -918.2K
YoY Change -9.93% -49.66%
FREE CASH FLOW
Cash From Operating Activities -$827.0K -$918.2K
Capital Expenditures
Free Cash Flow
YoY Change

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<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Reclassification of Prior Period Presentation</div><div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;"><br /></div><div style="text-align: justify; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt;">Certain general and administrative expenses reported in the prior period have been reclassified to occupancy and equipment rental to conform to the current period presentation in the consolidated statements of operations. This reclassification had no effect on the reported results of operations.</div></div>
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CY2021Q1 dei Entity Central Index Key
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CY2021Q1 dei Document Fiscal Year Focus
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CY2021Q1 dei Amendment Flag
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CY2021Q1 dei Current Fiscal Year End Date
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CY2021Q1 dei Document Period End Date
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CY2021Q1 dei Entity Address State Or Province
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CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
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CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
MORGAN GROUP HOLDING CO
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
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CY2021Q1 dei Entity Shell Company
EntityShellCompany
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CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
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EntitySmallBusiness
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CY2021Q1 mghl Deferred Income Tax Assets Net Of Valuation Allowances And Deferred Tax Liability
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CY2020Q1 mghl Income Taxes Received From Parent
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CY2021Q1 mghl Number Of Nyse Member Firms Through Which All Securities Transactions Are Cleared
NumberOfNYSEMemberFirmsThroughWhichAllSecuritiesTransactionsAreCleared
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CY2021Q1 mghl Underwriter Payment Receiving Maximum Period
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Files In Submission

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