Technology - Electronic Gaming & Multimedia - NASDAQ - US
$ 0.008
-1.23 %
$ 170 K
Market Cap
-0.03
P/E
Mobile Global Esports Inc. operates in the esports business. It organizes and commercializes various virtual esports tournaments in India. The company was formerly known as Elite Esports, Inc. and changed its name to Mobile Global Esports Inc. in April 2021. Mobile Global Esports Inc. was founded in 2016 and is headquartered in San Clemente, California.[ Read More ]
The intrinsic value of one MGAM stock under the base case scenario is HIDDEN Compared to the current market price of 0.008 USD, Mobile Global Esports Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MGAM
FINANCIALS
4.96 K
REVENUE
-6.81 M
OPERATING INCOME
-6.77 M
NET INCOME
-3.57 M
OPERATING CASH FLOW
-650 K
INVESTING CASH FLOW
-161 K
FINANCING CASH FLOW
0
REVENUE
-497 K
OPERATING INCOME
-497 K
NET INCOME
-674 K
OPERATING CASH FLOW
-35.1 K
INVESTING CASH FLOW
-26.3 K
FINANCING CASH FLOW
Balance Sheet Decomposition
Mobile Global Esports Inc.
| Current Assets | 3.27 M |
| Cash & Short-Term Investments | 3.17 M |
| Receivables | 0 |
| Other Current Assets | 93.1 K |
| Non-Current Assets | 154 K |
| Long-Term Investments | 0 |
| PP&E | 133 K |
| Other Non-Current Assets | 20.1 K |
| Current Liabilities | 272 K |
| Accounts Payable | 94.4 K |
| Short-Term Debt | 120 K |
| Other Current Liabilities | 58 K |
| Non-Current Liabilities | 52.2 K |
| Long-Term Debt | 52.2 K |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Mobile Global Esports Inc.
| Revenue | 4.96 K |
| Cost Of Revenue | 0 |
| Gross Profit | 4.96 K |
| Operating Expenses | 6.81 M |
| Operating Income | -6.81 M |
| Other Expenses | -32.6 K |
| Net Income | -6.77 M |
RATIOS
100.00%
GROSS MARGIN
-137161.12%
OPERATING MARGIN
-136505.06%
NET MARGIN
-218.23%
ROE
-197.97%
ROA
-214.78%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Mobile Global Esports Inc.
| Net Income | -6.77 M |
| Depreciation & Amortization | 51.8 K |
| Capital Expenditures | -19.5 K |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 627 K |
| Others | 3.08 M |
| Free Cash Flow | -3.59 M |
Wall Street Analysts Price Targets
Mobile Global Esports Inc.
MGAM has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Mobile Global Esports Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Dec 21, 2022
|
Bought 456 USD
|
Pross David Randall
CEO |
+ 550
|
0.8291 USD |
|
1 year ago
Jan 31, 2023
|
Sell 1.21 K USD
|
Pross David Randall
CEO |
- 550
|
2.2 USD |
|
10 years ago
Feb 26, 2014
|
Sell 160 K USD
|
MAPLES MICHAEL J
Director |
- 5000
|
31.9923 USD |
|
10 years ago
Feb 26, 2014
|
Sell 261 K USD
|
MAPLES MICHAEL J
Director |
- 8100
|
32.1923 USD |
|
11 years ago
Sep 04, 2013
|
Sell 119 K USD
|
MAPLES MICHAEL J
Director |
- 3125
|
37.9833 USD |
|
11 years ago
Feb 05, 2013
|
Sell 528 K USD
|
MAPLES MICHAEL J
Director |
- 30000
|
17.6062 USD |
|
11 years ago
Mar 13, 2013
|
Sell 157 K USD
|
MAPLES MICHAEL J
Director |
- 8000
|
19.5758 USD |
|
11 years ago
Aug 29, 2013
|
Sell 534 K USD
|
JENKINS NEIL E
Director |
- 14375
|
37.13 USD |
|
11 years ago
Aug 29, 2013
|
Sell 1.41 M USD
|
MAPLES MICHAEL J
Director |
- 37500
|
37.66 USD |
|
11 years ago
Feb 05, 2013
|
Sell 387 K USD
|
MAPLES MICHAEL J
Director |
- 22000
|
17.6062 USD |
|
11 years ago
Mar 13, 2013
|
Sell 157 K USD
|
MAPLES MICHAEL J
Director |
- 8000
|
19.5758 USD |
|
11 years ago
Feb 07, 2013
|
Bought 54.8 K USD
|
JENKINS NEIL E
Director |
+ 3000
|
18.2613 USD |
|
11 years ago
Nov 26, 2012
|
Sell 47.1 K USD
|
JENKINS NEIL E
Director |
- 3300
|
14.26 USD |
|
11 years ago
Nov 26, 2012
|
Sell 8.71 K USD
|
JENKINS NEIL E
Director |
- 600
|
14.52 USD |
|
11 years ago
Nov 27, 2012
|
Sell 85.4 K USD
|
JENKINS NEIL E
Director |
- 6100
|
14 USD |
|
12 years ago
Sep 06, 2012
|
Sell 466 K USD
|
MAPLES MICHAEL J
Director |
- 30000
|
15.5286 USD |
|
12 years ago
Aug 15, 2012
|
Sell 161 K USD
|
JENKINS NEIL E
Director |
- 10000
|
16.1 USD |
|
12 years ago
Feb 07, 2012
|
Sell 165 K USD
|
MAPLES MICHAEL J
Director |
- 16250
|
10.14 USD |
|
12 years ago
Feb 06, 2012
|
Sell 103 K USD
|
MAPLES MICHAEL J
Director |
- 10000
|
10.26 USD |
|
15 years ago
Jun 03, 2009
|
Sell 19.3 K USD
|
PEARLMAN EMANUEL R
Director |
- 3918
|
4.9156 USD |
|
15 years ago
May 12, 2009
|
Sell 37.6 USD
|
PEARLMAN EMANUEL R
Director |
- 13
|
2.89 USD |
|
15 years ago
May 12, 2009
|
Bought 578 USD
|
PEARLMAN EMANUEL R
Director |
+ 200
|
2.89 USD |
|
16 years ago
May 14, 2008
|
Bought 2.2 K USD
|
MAPLES MICHAEL J
Director |
+ 438
|
5.03 USD |
|
16 years ago
May 13, 2008
|
Bought 100 K USD
|
MAPLES MICHAEL J
Director |
+ 19562
|
5.1279 USD |
|
18 years ago
Nov 09, 2006
|
Bought 0 USD
|
PEARLMAN EMANUEL R
Director |
+ 0
|
0 USD |
|
18 years ago
Aug 18, 2006
|
Bought 90.9 K USD
|
MAPLES MICHAEL J
Director |
+ 10000
|
9.0872 USD |
7. News
Mobile Global Esports (MOGO Esports) Announces Shiv Naresh as Official Apparel and Footwear Sponsor
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / July 15, 2024 / Mobile Global Esports Inc. ("MOGO" or the "Company") (OTC PINK:MGAM), India's leading esports organization, is excited to announce its partnership with Shiv Naresh, an esteemed Indian sportswear brand, as its exclusive apparel and footwear sponsor for the year. This association will ensure our team players are equipped with the best in comfort and performance wear.
accesswire.com
- 4 months ago
MOGO Esports Receives an Invite for BGMS 2024
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / July 12, 2024 / Mobile Global Esports Inc. ("MOGO" or the "Company") (OTC PINK:MGAM), India's leading esports organization, is excited to announce its participation in the highly anticipated Battle Ground Master Series (BGMS) 2024, organized by Nodwin Gaming and broadcast on the Star Sports Network. This prestigious tournament, now in its third season, will feature 24 elite teams competing for glory starting on the 19th of July.
accesswire.com
- 4 months ago
Biggest Penny Stock Winners in June
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247wallst.com
- 4 months ago
Why Is Mobile Global Esports (MGAM) Stock Down 18% Today?
Mobile Global Esports (NASDAQ: MGAM ) stock is taking a beating on Monday after the company received a delisting notice from the Nasdaq Exchange. The Nasdaq Listing Qualifications Staff alerted the company to its shares being delisted due to its closing price being below $1 per share.
investorplace.com
- 7 months ago
MOGO Collegiate Open Concludes With Over 500 Participants
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / March 15, 2024 / Mobile Global Esports Inc. ("MOGO" or the "Company") (NASDAQ:MGAM), India's leading esports organization, proudly presents the MOGO Collegiate Championship. Set against the backdrop of India's burgeoning esports landscape the tournament is spread across five electrifying games - FC24, BGMI, Valorant, Pokémon and CODM.
accesswire.com
- 8 months ago
Mobile Global Esports Announces Adjournment of Annual Meeting of Stockholders until March 25, 2024
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / March 11, 2024 / Mobile Global Esports Inc.("MOGO" or the "Company") (NASDAQ:MGAM), India's leading esports organization,, today announced that its 2022 Annual Meeting of Stockholders ("Annual Meeting"), scheduled for Monday, March 11, 2024, was convened and adjourned, without any business being conducted, due to lack of the requisite quorum. The Annual Meeting has been adjourned to 9:00 AM local time on March 25, 2024 at Sheppard Mullin Richter & Hampton LLP located at 30 Rockefeller Plaza, New York, NY 10112, to allow additional time for stockholders to vote on the proposals set forth in Mobile Global's definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on February 13, 2024.
accesswire.com
- 8 months ago
CORRECTION FROM SOURCE: Mobile Global Esports Unveils "Mogo Maniacs" Campus Ambassadors Program, Galvanizing 140+ Ambassadors Across Premier Universities in India
Updated contact information from previous release WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / March 1, 2024 / Mobile Global Esports Inc.("MOGO" or the "Company") (NASDAQ:MGAM), India's leading esports organization,, proudly announces the launch of "Mogo Maniacs," an innovative Campus Ambassadors Program designed at raising a dynamic gaming community within top universities across India. With the inclusion of over 140 passionate and driven campus ambassadors, we believe Mogo Maniacs is set to modernize the esports landscape in educational institutions.
accesswire.com
- 8 months ago
Mobile Global Esports Unveils "Mogo Maniacs" Campus Ambassadors Program, Galvanizing 140+ Ambassadors Across Premier Universities in India
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / March 1, 2024 / Mobile Global Esports Inc.("MOGO" or the "Company") (NASDAQ:MGAM), India's leading esports organization,, proudly announces the launch of "Mogo Maniacs," an innovative Campus Ambassadors Program designed at raising a dynamic gaming community within top universities across India. With the inclusion of over 140 passionate and driven campus ambassadors, we believe Mogo Maniacs is set to modernize the esports landscape in educational institutions.
accesswire.com
- 8 months ago
Team MOGO Emerges Victorious in Consecutive Tournaments
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / November 16, 2023 / Mobile Global Esports Inc. ("MOGO" or the "Company") (NASDAQ:MGAM), announced today the consecutive victories of Team MOGO Esports in the Indian esports circuit, reinforcing its position in the global gaming arena. The competitions, held on October 28 and November 8, 2023, respectively, featured teams from across India competing for excellence in the esports domain.
accesswire.com
- 1 year ago
MOGO Receives NASDAQ Extension to Comply with Bid Price Rule
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / October 12, 2023 / Mobile Global Esports Inc. ("MOGO" or the "Company") (NASDAQ:MGAM), a mobile and social platform for collegiate esports tournaments, announces that it has received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period, under Listing Rule 5810(c)(3)(A), or until April 8, 2024, to regain compliance under its minimum $1 bid price per share requirement. If at any time, during this additional time period, the closing bid price of the Company's security is at least $1 per share for a minimum of ten consecutive business days, this matter will be closed under Listing Rule 5810(c)(3)(F).
accesswire.com
- 1 year ago
Mobile Global Esports Inc. Concludes the MOGO National Championship 2.0
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / September 26, 2023 / Mobile Global Esports Inc. ("MOGO" or the "Company") (NASDAQ:MGAM), a mobile and social platform for collegiate esports tournaments, is pleased to announce that it has successfully produced the 'MOGO National Championship 2.0.' Following the virtual qualifiers, the championship event at Lovely Professional University (LPU) in Phagwara, India, featured outstanding competitive play from 16 teams representing four geographic regions, marking a significant milestone in collegiate esports.
accesswire.com
- 1 year ago
MOGO to Participate in the Virtual Tech Conference Series: Emerging Growth in A.I., Presented by Maxim Group LLC on Wednesday, September 27th at 9:30 A.M.
WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / September 25, 2023 / ("MOGO" or the "Company") (NASDAQ:MGAM), a mobile and social platform for collegiate esports tournaments, announced today that Dave Pross, MOGO's CEO, has been invited to present at the conference on Emerging Growth in A.I., presented by Maxim Group LLC, on Wednesday, September 27th, 2023, at 9:30 a.m.
accesswire.com
- 1 year ago
8. Profile Summary
Mobile Global Esports Inc. MGAM
COUNTRY
US
INDUSTRY
Electronic Gaming & Multimedia
MARKET CAP
$ 170 K
Dividend Yield
0.00%
Description
Mobile Global Esports Inc. operates in the esports business. It organizes and commercializes various virtual esports tournaments in India. The company was formerly known as Elite Esports, Inc. and changed its name to Mobile Global Esports Inc. in April 2021. Mobile Global Esports Inc. was founded in 2016 and is headquartered in San Clemente, California.
Contact
616 South El Camino Real, San Clemente, CA, 92672-4294
https://www.mogoesports.com
IPO Date
July 29, 2022
Employees
16
Officers
Mr. Kenin Mathew Spivak J.D.
Co-Founder & Senior Advisor
Nicholas Svarnias
Chief Operating Officer
Ms. Kim Meltzer
Chief Gaming Officer
Mr. Nicholas Venezia
Chief Data Officer
Mr. Rishi Sharad Jaitly
Chief Strategic Officer