Morgan Group Holding Co (MGHL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
401 THEODORE FREMD AVENUE RYE, NY 10580 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,286 | 2,889 | 4,746 | 6,587 | 130 | 17 | |||
| Cash and cash equivalents | 2,286 | 2,889 | 4,746 | 6,587 | 130 | 17 | |||
| Prepaid expense | 7 | 0 | |||||||
| Total current assets: | 2,286 | 2,889 | 4,746 | 6,587 | 137 | 18 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 12 | 23 | 34 | 44 | |||||
| Total noncurrent assets: | 12 | 23 | 34 | 44 | |||||
| Other undisclosed assets | 1,120 | 1,412 | 823 | 1,506 | |||||
| TOTAL ASSETS: | 3,418 | 4,324 | 5,604 | 8,137 | 137 | 18 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 0 | 5 | |||||||
| Accounts payable | 0 | 5 | |||||||
| Total current liabilities: | 0 | 5 | |||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,331 | 1,288 | 996 | 2,100 | |||||
| Total liabilities: | 1,331 | 1,288 | 996 | 2,100 | 0 | 5 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,087 | 3,036 | 4,607 | 6,037 | 137 | 13 | |||
| Common stock | 6 | 6 | 6 | 600 | 49 | 34 | |||
| Additional paid in capital | 53,886 | 53,886 | 53,886 | 53,292 | 5,937 | 5,772 | |||
| Accumulated deficit | (51,805) | (50,856) | (49,285) | (47,855) | (5,849) | (5,793) | |||
| Other undisclosed equity, attributable to parent | (0) | ||||||||
| Total equity: | 2,087 | 3,036 | 4,607 | 6,037 | 137 | 13 | |||
| Other undisclosed liabilities and equity | 0 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 3,418 | 4,324 | 5,604 | 8,137 | 137 | 18 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,011 | 2,974 | 4,436 | 9,245 | ||||
| Underwriting income | ✕ | ✕ | 702 | 70 | 431 | |||
| Brokerage commissions revenue | ✕ | ✕ | 2,251 | 3,951 | 6,376 | ✕ | ||
| Revenues, excluding interest and dividends | 1,943 | |||||||
| Gross profit: | 2,011 | 2,974 | 4,436 | 9,245 | ||||
| Operating expenses | (2,951) | (4,544) | (6,069) | (11,653) | (58) | (55) | ||
| Operating loss: | (940) | (1,570) | (1,633) | (2,407) | (58) | (55) | ||
| Nonoperating income (Investment Income, Nonoperating) | 2 | 0 | ||||||
| Loss from continuing operations before income taxes: | (940) | (1,570) | (1,633) | (2,407) | (56) | (55) | ||
| Income tax expense (benefit) | (9) | (1) | 203 | 501 | 12 | (64) | ||
| Other undisclosed loss from continuing operations | ||||||||
| Loss from continuing operations: | (949) | (1,571) | (1,430) | (1,907) | (44) | (119) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (1,571) | (1,430) | (1,907) | (44) | (119) | |
| Net loss: | (949) | (1,571) | (1,430) | (1,907) | (44) | (119) | ||
| Other undisclosed net income (loss) attributable to parent | (12) | 64 | ||||||
| Net loss available to common stockholders, diluted: | (949) | (1,571) | (1,430) | (1,907) | (56) | (55) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (949) | (1,571) | (1,430) | (1,907) | (44) | (119) | ||
| Comprehensive loss, net of tax, attributable to parent: | (949) | (1,571) | (1,430) | (1,907) | (44) | (119) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.