Mobile Global Esports, Inc Financials
Mobile Global Esports, Inc (MGAM) reported $4K in revenue for fiscal year 2025, down 85.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financing-dependent contraction is replacing operating scale as revenue shrinks while short-term obligations overtake liquid resources.
Cash conversion deteriorated in quality: the FY2025 net loss was$2.3M , while operating cash flow was-$1.1M , so accounting losses were not fully reflected in immediate cash outflow. Yet cash fell from$929K in FY2024 to$573K despite$1.1M of financing inflow, because operating and investing outflows together exceeded that funding.
The business lost operating scale: revenue fell from
Liquidity shifted from surplus to short-term pressure: current assets of
Financial Health Signals
Mobile Global Esports, Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Mobile Global Esports, Inc passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Mobile Global Esports, Inc reported a net loss of $2.3M while operations used $1.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Mobile Global Esports, Inc reported an operating loss of $2.2M against $18K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Mobile Global Esports, Inc generated $4K in revenue in fiscal year 2025. This represents a decrease of 85.5% from the prior year.
Mobile Global Esports, Inc's EBITDA was -$2.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 30.8% from the prior year.
Mobile Global Esports, Inc reported -$2.3M in net income in fiscal year 2025. This represents an increase of 2.6% from the prior year.
Mobile Global Esports, Inc earned -$0.05 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Mobile Global Esports, Inc held $573K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Mobile Global Esports, Inc's gross margin was 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
MGAM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6K | N/A | $57 | N/A | $2K | N/A | $2K | N/A |
| Cost of Revenue | $103K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | -$97K | N/A | $57 | N/A | $2K | N/A | $2K | N/A |
| SG&A Expenses | $628K | N/A | $858K+91.8% | $447K+14.0% | $393K | N/A | $404K-18.6% | $497K |
| Operating Income | -$726K | N/A | -$858K-91.8% | -$447K-14.0% | -$393K | N/A | -$404K+18.6% | -$497K |
| Interest Expense | $8K | N/A | $9K+392.9% | $2K | N/A | N/A | N/A | $288 |
| Net Income | -$774K | N/A | -$948K-111.4% | -$448K-16.8% | -$384K | N/A | -$601K-21.6% | -$495K |
| EPS (Diluted) | -$0.010.0% | -$0.01+50.0% | -$0.02-100.0% | -$0.010.0% | -$0.01+66.7% | -$0.030.0% | -$0.03-50.0% | -$0.02 |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
MGAM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3M-20.4% | $1.7M+70.0% | $973K+32.1% | $737K-8.9% | $809K-25.2% | $1.1M-33.9% | $1.6M-28.2% | $2.3M |
| Current Assets | $291K-54.2% | $635K-26.5% | $863K+23.9% | $697K-13.9% | $809K-24.1% | $1.1M-25.7% | $1.4M-31.4% | $2.1M |
| Cash & Equivalents | $185K-67.8% | $573K-29.2% | $810K+36.1% | $595K-15.1% | $701K-24.5% | $929K-28.5% | $1.3M-35.0% | $2.0M |
| Total Liabilities | $1.3M-28.5% | $1.8M+143.5% | $753K+235.5% | $224K+260.2% | $62K-24.1% | $82K-25.5% | $110K-42.8% | $193K |
| Current Liabilities | $1.3M-28.6% | $1.8M+137.1% | $769K | N/A | N/A | $82K-12.9% | $94K-40.1% | $157K |
| Total Equity | $6K+103.5% | -$162K-173.3% | $221K-56.9% | $512K-31.4% | $747K-26.4% | $1.0M-34.1% | $1.5M-26.6% | $2.1M |
| Retained Earnings | -$13.7M-6.0% | -$12.9M-3.9% | -$12.4M-8.3% | -$11.5M-4.1% | -$11.0M-3.6% | -$10.6M-6.0% | -$10.0M-6.4% | -$9.4M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
MGAM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$328K-25.1% | -$262K+10.1% | -$292K-2.5% | -$285K-24.9% | -$228K+36.0% | -$356K+50.2% | -$716K-6.3% | -$674K |
| Investing Cash Flow | -$84K+72.7% | -$308K-340.3% | -$70K | N/A | N/A | -$2K+91.7% | -$25K+28.8% | -$35K |
| Financing Cash Flow | $23K-93.0% | $334K-42.1% | $577K | N/A | N/A | $0 | $0+100.0% | -$26K |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
MGAM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -1537.1% | N/A | 100.0% | N/A | 100.0% | N/A | 100.0% | N/A |
| Operating Margin | -11480.8% | N/A | -1505301.8% | N/A | -25099.2% | N/A | -25604.5% | N/A |
| Net Margin | -12252.4% | N/A | -1662908.8% | N/A | -24539.8% | N/A | -38085.3% | N/A |
| Return on Equity | -13869.8% | N/A | -429.6%-342.1pp | -87.5%-36.1pp | -51.4% | N/A | -39.1%-15.5pp | -23.6% |
| Return on Assets | -58.8% | N/A | -97.4%-36.5pp | -60.9%-13.4pp | -47.4% | N/A | -36.8%-15.0pp | -21.7% |
| Current Ratio | 0.22-0.1x | 0.35-0.8x | 1.12 | N/A | N/A | 12.98-2.2x | 15.22+1.9x | 13.28 |
| Debt-to-Equity | 234.70 | N/A | 3.41+3.0x | 0.44+0.4x | 0.080.0x | 0.080.0x | 0.070.0x | 0.09 |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$162K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.35), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Mobile Global Esports, Inc Ranks
Frequently Asked Questions
What is Mobile Global Esports, Inc's annual revenue?
Mobile Global Esports, Inc (MGAM) reported $4K in total revenue for fiscal year 2025. This represents a -85.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mobile Global Esports, Inc's revenue growing?
Mobile Global Esports, Inc (MGAM) revenue declined by 85.5% year-over-year, from $25K to $4K in fiscal year 2025.
Is Mobile Global Esports, Inc profitable?
No, Mobile Global Esports, Inc (MGAM) reported a net income of -$2.3M in fiscal year 2025.
What is Mobile Global Esports, Inc's EBITDA?
Mobile Global Esports, Inc (MGAM) had EBITDA of -$2.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Mobile Global Esports, Inc's gross margin?
Mobile Global Esports, Inc (MGAM) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Mobile Global Esports, Inc's operating cash flow?
Mobile Global Esports, Inc (MGAM) recorded an outflow of $1.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Mobile Global Esports, Inc's total assets?
Mobile Global Esports, Inc (MGAM) had $1.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Mobile Global Esports, Inc's current ratio?
Mobile Global Esports, Inc (MGAM) had a current ratio of 0.35 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Mobile Global Esports, Inc's return on assets (ROA)?
Mobile Global Esports, Inc (MGAM) had a return on assets of -136.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Mobile Global Esports, Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Mobile Global Esports, Inc (MGAM) held $573K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.1M over that year. Dividing the one by the other, the reported balance equals about 6 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Mobile Global Esports, Inc's debt-to-equity ratio negative or not reported?
Mobile Global Esports, Inc (MGAM) has negative shareholder equity of -$162K as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Mobile Global Esports, Inc's Piotroski F-Score?
Mobile Global Esports, Inc (MGAM) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mobile Global Esports, Inc's earnings high quality?
Mobile Global Esports, Inc (MGAM) reported a net loss of $2.3M while operations used $1.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Mobile Global Esports, Inc cover its interest payments?
Mobile Global Esports, Inc (MGAM) reported an operating loss of $2.2M against $18K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.