Advertisement
UK markets open in 1 hour 58 minutes
  • NIKKEI 225

    39,106.87
    +489.77 (+1.27%)
     
  • HANG SENG

    18,930.02
    -265.58 (-1.38%)
     
  • CRUDE OIL

    77.02
    -0.55 (-0.71%)
     
  • GOLD FUTURES

    2,374.70
    -18.20 (-0.76%)
     
  • DOW

    39,671.04
    -201.95 (-0.51%)
     
  • Bitcoin GBP

    54,613.98
    -59.05 (-0.11%)
     
  • CMC Crypto 200

    1,514.96
    -11.46 (-0.75%)
     
  • NASDAQ Composite

    16,801.54
    -31.08 (-0.18%)
     
  • UK FTSE All Share

    4,560.55
    -23.85 (-0.52%)
     

MGO Global Second Quarter 2023 Earnings: US$0.094 loss per share (vs US$0.07 loss in 2Q 2022)

MGO Global (NASDAQ:MGOL) Second Quarter 2023 Results

Key Financial Results

  • Revenue: US$1.95m (up by US$1.85m from 2Q 2022).

  • Net loss: US$1.34m (loss widened by 86% from 2Q 2022).

  • US$0.094 loss per share (further deteriorated from US$0.07 loss in 2Q 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

MGO Global shares are down 39% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with MGO Global (at least 2 which make us uncomfortable), and understanding them should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.