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Magic Empire Global Limited

MEGL•NASDAQ
Financial Services
Financial - Capital Markets
$1.43
$0.05(3.62%)
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Over the last four quarters, Magic Empire Global Limited achieved steady financial progress, growing revenue from $7.85M in Q2 2022 to $7.71M in Q4 2023. Gross profit stayed firm with margins at 100% in Q4 2023 versus 100% in Q2 2022. Operating income totaled -$1.66M in Q4 2023, maintaining a -22% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $453004.00. Net income dropped to -$1.21M, with EPS at -$0.06. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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