Magic Empire Global Ltd financial data

Symbol
MEGL on Nasdaq
Industry
Finance Services
Location
3/F, 8 Wyndham Street, Central, Hong Kong
State of incorporation
Virgin Islands, British
Fiscal year end
December 31
Latest financial report
20-F - Q4 2024 - Apr 14, 2025

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.3M shares 0%
Common Stock, Shares, Outstanding 5.06M shares -66.2%
Common Stock, Value, Issued 2.03K USD -0.15%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 231K USD -21.6%
Assets, Current 16.8M USD +36.5%
Property, Plant and Equipment, Net 169K USD -22%
Operating Lease, Right-of-Use Asset 539K USD +154%
Assets 17.5M USD -0.98%
Contract with Customer, Liability, Current 212K USD +42%
Liabilities, Current 456K USD -10.7%
Operating Lease, Liability, Noncurrent 394K USD
Liabilities 850K USD +66.5%
Retained Earnings (Accumulated Deficit) -1.18M USD -108%
Stockholders' Equity Attributable to Parent 16.7M USD -2.99%
Liabilities and Equity 17.5M USD -0.98%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 600M shares 0%
Common Stock, Shares, Issued 20.3M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Deferred Tax Assets, Valuation Allowance 161K USD +67.1%
Deferred Tax Assets, Gross 161K USD +67.1%
Operating Lease, Liability 549K USD +146%
Lessee, Operating Lease, Liability, to be Paid 597K USD +161%
Property, Plant and Equipment, Gross 523K USD
Operating Lease, Liability, Current 155K USD -30.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 222K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 182K USD -20.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 47.7K USD +783%
Lessee, Operating Lease, Liability, to be Paid, Year Three 194K USD
Deferred Tax Assets, Operating Loss Carryforwards 161K USD +67.1%