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MGO Global (MGO Global) Gross-Profit-to-Asset % : 79.15% (As of Mar. 2024)


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What is MGO Global Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. MGO Global's annualized Gross Profit for the quarter that ended in Mar. 2024 was $2.01 Mil. MGO Global's average Total Assets over the quarter that ended in Mar. 2024 was $2.54 Mil. Therefore, MGO Global's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 79.15%.


MGO Global Gross-Profit-to-Asset % Historical Data

The historical data trend for MGO Global's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGO Global Gross-Profit-to-Asset % Chart

MGO Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
93.13 107.85 124.23 249.50

MGO Global Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.03 86.28 81.72 132.95 79.15

Competitive Comparison of MGO Global's Gross-Profit-to-Asset %

For the Advertising Agencies subindustry, MGO Global's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGO Global's Gross-Profit-to-Asset % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MGO Global's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where MGO Global's Gross-Profit-to-Asset % falls into.



MGO Global Gross-Profit-to-Asset % Calculation

MGO Global's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=3.347/( (0.441+2.242)/ 2 )
=3.347/1.3415
=249.50 %

MGO Global's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2.012/( (2.242+2.842)/ 2 )
=2.012/2.542
=79.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


MGO Global Gross-Profit-to-Asset % Related Terms

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MGO Global (MGO Global) Business Description

Traded in Other Exchanges
N/A
Address
1515 SE 17th Street,, Suite 121/ No 460596, Fort Lauderdale, FL, USA, 33346
MGO Global Inc provides branding and marketing services to help clients build positive perceptions about their businesses. The company has one reportable segment which sells a range of products under the soccer legend Lionel (Leo) Messi brand Messi Brand.
Executives
Nicole M. Fernandez-mcgovern director C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Paul Wahlgren director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Obie Mckenzie director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Salima Popatia director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Vincent Ottomanelli officer: CHIEF FINANCIAL OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Martin P Scott officer: CHIEF FINANCIAL OFFICER SIMPLEPONS, INC., C/O 220 CONGRESS PARK DRIVE, SUITE 304, DELRAY BEACH FL 33445
Maximiliano Ojeda director, officer: CHIEF EXECUTIVE OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Virginia Hilfiger director, officer: CHIEF DESIGN OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Julian Groves director, officer: CHIEF OPERATING OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Matthew Harward officer: CHIEF MARKETING OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346