MicroAlgo Inc (MLGO)

Name: MicroAlgo Inc Financial Statements
Creator: Quarter Results

Technology | Software Infrastructure

Latest reporting period: 2024-12-31

Latest Quarter

2024-12-31

Revenue

$17.2M

Net Income

$1.5M

Operating Margin

6.9%

Free Cash Flow

$4.1M

Debt / Assets

16.4%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for MicroAlgo Inc (MLGO).
Income Statement (Quarterly)	2024-12-31	2024-09-30	2024-06-30	2024-03-31
Revenue	17,197,000	17,887,000	19,983,000	20,112,310
Cost of Revenue	12,656,000	13,164,000	13,964,000	14,054,490
Gross Profit	4,541,000	4,723,000	6,019,000	6,057,820
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	889,000	924,649	616,809	620,816
Operating Expenses	3,346,000	3,480,000	5,833,000	5,871,156
Operating Income	1,195,000	1,243,000	185,459	186,664
Interest Expense	0	0	0	0
Income Before Tax	2,424,000	2,521,000	1,592,000	1,602,700
Income Tax Expense	354,161	368,362	66,598	67,031
Net Income	1,531,000	1,592,000	1,119,000	1,125,937
Per Share
EPS	0.22	0.23	0.04	0.04
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for MicroAlgo Inc (MLGO).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Revenue	75,328,000	81,891,992	87,132,230	529,250,664	307,788,730
Cost of Revenue	53,937,000	57,326,545	68,180,339	315,597,133	182,618,305
Gross Profit	21,391,000	24,565,447	18,951,891	213,653,531	125,170,425
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	3,053,000	20,485,532	5,692,152	39,469,617	16,207,013
Operating Expenses	18,590,000	59,055,010	19,620,581	146,504,889	31,084,452
Operating Income	2,801,000	-34,615,466	-68,574	51,930,792	94,085,973
Interest Expense	109,233	86,582	65,982	1,790,309	1,067,624
Income Before Tax	8,143,000	-37,937,465	-7,484,786	55,285,000	93,918,470
Income Tax Expense	853,882	-353,034	-564,793	547,209	2,446,634
Net Income	5,370,000	-37,868,800	-6,919,993	55,275,851	91,483,427
Per Share
EPS	0.40	-8.30	-1.74	1.26	2.09
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for MicroAlgo Inc (MLGO).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	144,112,000	44,786,884	42,746,270	272,368,599
Short Term Investments	20,809,000	2,599,455	0	0
Net Receivables	3,299,000	3,249,009	8,610,876	41,518,475
Inventory	0	1	130,524	5,251,250
Total Current Assets	175,918,000	57,645,685	55,210,655	344,264,627
Property Plant Equipment	279,962	158,508	296,215	2,525,580
Goodwill and Intangibles	0	0	16,223,510	167,799,200
Total Assets	176,275,000	57,960,984	72,086,734	520,332,679
Liabilities
Account Payables	2,587,000	2,955,501	2,041,951	13,086,682
Short Term Debt	22,938,794	1,945,517	150,666	1,047,152
Total Current Liabilities	28,785,000	12,045,655	4,803,435	140,033,868
Long Term Debt	96,899	0	30,754	1,009,917
Total Liabilities	28,882,000	12,045,655	5,075,274	146,440,243
Shareholders Equity
Retained Earnings	-4,670,000	-10,893,664	19,141,699	178,918,737
Total Shareholders Equity	144,946,000	45,379,112	66,755,805	372,342,087

Balance sheet annual history for MicroAlgo Inc (MLGO).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	144,112,000	44,786,884	42,746,270	272,368,599	242,142,524
Short Term Investments	20,809,000	2,599,455	0	0	0
Net Receivables	3,299,000	3,249,009	8,610,876	41,518,475	52,258,029
Inventory	0	1	130,524	5,251,250	949,928
Total Current Assets	175,918,000	57,645,685	55,210,655	344,264,627	304,473,636
Property Plant Equipment	279,962	158,508	296,215	2,525,580	1,726,864
Goodwill and Intangibles	0	0	16,223,510	167,799,200	175,022,433
Total Assets	176,275,000	57,960,984	72,086,734	520,332,679	482,621,752
Liabilities
Account Payables	2,587,000	2,955,501	2,041,951	13,086,682	10,666,440
Short Term Debt	22,938,794	1,945,517	150,666	1,047,152	13,827,427
Total Current Liabilities	28,785,000	12,045,655	4,803,435	140,033,868	155,523,392
Long Term Debt	96,899	0	30,754	1,009,917	570,964
Total Liabilities	28,882,000	12,045,655	5,075,274	146,440,243	163,012,407
Shareholders Equity
Retained Earnings	-4,670,000	-10,893,664	19,141,699	178,918,737	128,098,769
Total Shareholders Equity	144,946,000	45,379,112	66,755,805	372,342,087	317,521,266

Cash flow quarterly history for MicroAlgo Inc (MLGO).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	5,370,000	-37,868,800	-6,919,993	54,737,791
Depreciation & Amortization	186,000	1,071,402	1,520,115	10,402,419
Stock Based Compensation	0	16,852,886	0	0
Change in Working Capital	-8,150,000	-1,334,533	-302,369	17,139,538
Operating Cash Flow	4,075,000	-6,411,681	1,955,358	98,530,184
Investing Activities
Capital Expenditure	-3,984	6,411,681	-160,923	-232,314
Investments	-3,983	6,411,681	-160,923	-232,314
Investing Cash Flow	-17,336,000	-2,360,262	2,763,954	-41,830,676
Financing Activities
Debt Repayment	94,596,000	-7,195,240	0	-26,147,837
Common Stock Issued/Repurchased	17,952,000	0	20,661,356	0
Dividends Paid	0	0	0	0
Financing Cash Flow	112,548,000	10,808,466	-2,422,918	-25,079,283
Summary
Free Cash Flow	4,071,000	0	1,794,435	98,297,870
Net Change in Cash	99,983,000	2,040,614	26,475	30,226,075

Cash flow annual history for MicroAlgo Inc (MLGO).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	5,370,000	-37,868,800	-6,919,993	54,737,791	91,471,836
Depreciation & Amortization	186,000	1,071,402	1,520,115	10,402,419	5,027,310
Stock Based Compensation	0	16,852,886	0	0	3,949,066
Change in Working Capital	-8,150,000	-1,334,533	-302,369	17,139,538	-4,813,718
Operating Cash Flow	4,075,000	-6,411,681	1,955,358	98,530,184	96,200,132
Investing Activities
Capital Expenditure	-3,984	6,411,681	-160,923	-232,314	-402,409
Investments	-3,983	6,411,681	-160,923	-232,314	-402,409
Investing Cash Flow	-17,336,000	-2,360,262	2,763,954	-41,830,676	33,514,895
Financing Activities
Debt Repayment	94,596,000	-7,195,240	0	-26,147,837	-16,062,786
Common Stock Issued/Repurchased	17,952,000	0	20,661,356	0	0
Dividends Paid	0	0	0	0	0
Financing Cash Flow	112,548,000	10,808,466	-2,422,918	-25,079,283	112,966,844
Summary
Free Cash Flow	4,071,000	0	1,794,435	98,297,870	95,797,723
Net Change in Cash	99,983,000	2,040,614	26,475	30,226,075	239,959,830