MGOL
Income statement / Annual
Last year (2023), MGO Global Inc. Common Stock's total revenue was $5.36 M,
an increase of 411.43% from the previous year.
In 2023, MGO Global Inc. Common Stock's net income was -$7.14 M.
See MGO Global Inc. Common Stock’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$5.36 M
|
$1.05 M
|
$880,340.00
|
$694,585.00
|
| Cost of Revenue |
$3.28 M |
$337,631.00 |
$392,407.00 |
$382,820.00 |
| Gross Profit |
$2.08 M |
$710,381.00 |
$487,933.00 |
$311,765.00 |
| Gross Profit Ratio |
0.39 |
0.68 |
0.55 |
0.45 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$6.60 M
|
$1.93 M
|
$680,530.00
|
$601,831.00
|
| Selling & Marketing
Expenses |
$4.13 M
|
$479,384.00
|
$29,748.00
|
$32,918.00
|
| Selling, General &
Administrative Expenses |
$10.73 M
|
$1.93 M
|
$710,278.00
|
$634,749.00
|
| Other Expenses |
$0.00 |
$1.27 M |
$696,914.00 |
$556,190.00 |
| Operating Expenses |
$9.46 M |
$3.20 M |
$1.41 M |
$1.19 M |
| Cost And Expenses |
$12.74 M |
$3.54 M |
$1.80 M |
$1.57 M |
| Interest Income |
$40,000.00 |
$13,420.00 |
$10,519.00 |
$33,286.00 |
| Interest Expense |
$0.00 |
$236,231.00 |
$103,987.00 |
$33,286.00 |
| Depreciation &
Amortization |
$6,502.00
|
$2.64 M
|
$458,105.00
|
$879,174.00
|
| EBITDA |
-$7.38 M
|
-$2.30 M
|
$0.00
|
-$890,500.00
|
| EBITDA Ratio |
-1.38 |
-2.52 |
-1.05 |
-1.28 |
| Operating Income Ratio
|
-1.38
|
-2.52
|
-1.04
|
-1.99
|
| Total Other
Income/Expenses Net |
$12,395.00
|
-$238,392.00
|
-$66,636.00
|
-$44,612.00
|
| Income Before Tax |
-$7.37 M |
-$2.88 M |
-$985,895.00 |
-$1.42 M |
| Income Before Tax Ratio
|
-1.38
|
-2.75
|
-1.12
|
-2.05
|
| Income Tax Expense |
$0.00 |
-$292,250.00 |
$24,418.00 |
-$466,714.00 |
| Net Income |
-$7.14 M |
-$2.59 M |
-$1.01 M |
-$957,072.00 |
| Net Income Ratio |
-1.33 |
-2.47 |
-1.15 |
-1.38 |
| EPS |
-5.06 |
-2.45 |
-1.01 |
-1.09 |
| EPS Diluted |
-5.06 |
-2.45 |
-1.01 |
-1.09 |
| Weighted Average Shares
Out |
$1.41 M
|
$1.05 M
|
$1.00 M
|
$881,800.00
|
| Weighted Average Shares
Out Diluted |
$1.41 M
|
$1.05 M
|
$1.00 M
|
$881,800.00
|
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