Financial Snapshot

Revenue
$1.030B
TTM
Gross Margin
30.2%
TTM
Net Earnings
-$281.7M
TTM
Current Assets
$764.9M
Q2 2024
Current Liabilities
$215.2M
Q2 2024
Current Ratio
355.41%
Q2 2024
Total Assets
$766.8M
Q2 2024
Total Liabilities
$225.3M
Q2 2024
Book Value
$541.5M
Q2 2024
Cash
$433.4M
Q2 2024
P/E
-0.1301
Nov 29, 2024 EST
Free Cash Flow
-$53.78M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $81.89M $87.13M $0.00 $0.00 $0.00 $0.00
YoY Change -6.01%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $81.89M $87.13M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $57.33M $68.18M $48.92M
Gross Profit $24.57M $18.95M $33.12M
Gross Profit Margin 30.0% 21.75%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $3.518M $5.132M $5.278M
YoY Change -31.45% -2.77%
% of Gross Profit 14.32% 27.08% 15.94%
Research & Development $22.76M $13.93M $16.59M
YoY Change 63.4% -16.05%
% of Gross Profit 92.64% 73.49% 50.1%
Depreciation & Amortization $127.0K $1.375M $1.488M
YoY Change -90.76% -7.61%
% of Gross Profit 0.52% 7.25% 4.49%
Operating Expenses $59.18M $26.81M $785.1K $120.0K $0.00 $10.00K
YoY Change 120.72% 3315.18% 554.25% -100.0%
Operating Profit -$34.62M -$7.861M $8.049M
YoY Change 340.36% -197.66%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$24.66M $1.100M -$27.32K
YoY Change -2341.45% -4126.35%
% of Operating Profit -0.34%
Other Income/Expense, Net -$3.322M $375.9K $519.9K
YoY Change -983.71% -27.7%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$37.94M -$7.485M -$812.4K -$120.0K $0.00 -$10.00K
YoY Change 406.86% 821.31% 577.01% -100.0%
Income Tax -$353.0K -$564.8K
% Of Pretax Income
Net Earnings -$37.58M -$6.964M -$812.4K -$120.0K $0.00 -$10.00K
YoY Change 439.73% 757.15% 577.01% -100.0%
Net Earnings / Revenue -45.9% -7.99%
Basic Earnings Per Share -$8.30 -$11.75 $13.96
Diluted Earnings Per Share -$8.30 -$1.18 -$148.1K -$120.0K $0.00 -$1.890K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $335.6M $294.8M $32.09K $0.00 $430.0K $0.00
YoY Change 13.85% 918566.25% -100.0%
Cash & Equivalents $317.2M $294.8M $200.0K $0.00 $3.000M $0.00
Short-Term Investments $18.41M
Other Short-Term Assets $48.50M $65.30M $16.72K $0.00 $0.00
YoY Change -25.73% 390450.24%
Inventory $0.00 $900.0K
Prepaid Expenses
Receivables $23.01M $17.90M
Other Receivables $1.156M $1.900M
Total Short-Term Assets $408.3M $380.8M $48.81K $0.00 $430.0K $0.00
YoY Change 7.22% 780068.0% -100.0%
Property, Plant & Equipment $1.123M $2.000M
YoY Change -43.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $97.00K $1.200M $46.47M
YoY Change -91.92% -97.42%
Other Assets $1.013M $1.300M $220.00 $190.0K $70.00K $0.00
YoY Change -22.08% 590809.09% -99.88% 171.43%
Total Long-Term Assets $2.233M $116.4M $46.47M $190.0K $70.00K $0.00
YoY Change -98.08% 150.49% 24357.58% 171.43%
Total Assets $410.5M $497.2M $46.52M $190.0K $500.0K $0.00
YoY Change
Accounts Payable $20.93M $14.10M
YoY Change 48.46%
Accrued Expenses $280.0K $1.000M $93.56K $40.00K $10.00K $0.00
YoY Change -72.0% 968.83% 133.9% 300.0%
Deferred Revenue
YoY Change
Short-Term Debt $13.50M $0.00 $373.4K $230.0K $450.0K $0.00
YoY Change -100.0% 62.36% -48.89%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $85.32M $33.10M $467.0K $300.0K $480.0K $10.00K
YoY Change 157.75% 6988.1% 55.66% -37.5% 4700.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $200.0K $1.560M
YoY Change -100.0% -87.18%
Total Long-Term Liabilities $0.00 $200.0K $1.560M $0.00 $0.00 $0.00
YoY Change -100.0% -87.18%
Total Liabilities $89.11M $36.80M $2.027M $300.0K $480.0K $10.00K
YoY Change 142.16% 1715.51% 575.66% -37.5% 4700.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 4.562M shares 3.986M shares 3.960M shares
Diluted Shares Outstanding 4.562M shares 3.986M shares 3.960M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $36.64 Million

About MicroAlgo Inc.

MicroAlgo Inc is a US-based company operating in IT Services industry. The company is headquartered in New York City, New York and currently employs 86 full-time employees. The company went IPO on 2021-02-11. MicroAlgo Inc. is a holding company, which is engaged in the development and application of bespoke central processing algorithms. The firm provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both. The range of its services include algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. The firm operates in two segments: central processing algorithm services and intelligent chips and services. The company primarily provides central processing algorithm solutions to enterprise customers in three industry verticals: Internet advertisement, gaming, and intelligent chips, which translate to a range of customers including advertisement integration agencies, game developers and distributors, electronics manufacturers, Internet information infrastructure service providers, and intelligent chip designers and integrators.

Industry: Services-Computer Programming Services Peers: AgileThought, Inc. DecisionPoint Systems, Inc. COMPUTER TASK GROUP INC CSP INC /MA/ Research Solutions, Inc. Glimpse Group, Inc. INTERNATIONAL BUSINESS MACHINES CORP PFSWEB INC