Migom Global Corp. (MGOM) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1185 6TH AVE, 3RD FLOOR NEW YORK, NY 10036 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 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 | 12,438 | 18,455 | 38 | 6 | 32 | |||
| Cash and cash equivalents | 12,437 | 18,455 | 38 | 6 | 32 | |||
| Short-term investments | 2 | |||||||
| Prepaid expense | 4,471 | |||||||
| Other undisclosed current assets | 138 | 15 | ||||||
| Total current assets: | 17,047 | 18,470 | 38 | 6 | 32 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 1 | 3 | ||||||
| Long-term investments and receivables | 810 | |||||||
| Long-term investments | 810 | |||||||
| Intangible assets, net (including goodwill) | 1,236 | |||||||
| Intangible assets, net (excluding goodwill) | 1,236 | |||||||
| Total noncurrent assets: | 1,236 | 810 | 1 | 3 | ||||
| Other undisclosed assets | 0 | |||||||
| TOTAL ASSETS: | 18,283 | 19,280 | 38 | 7 | 35 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 478 | 1 | 1 | 4 | 2 | |||
| Taxes payable | ✕ | 588 | 1 | |||||
| Accounts payable | 4 | 1 | ||||||
| Accrued liabilities | 1 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 478 | (587) | ||||||
| Debt | 137 | 43 | ||||||
| Due to related parties | 105 | 9 | 3 | 3 | ||||
| Total current liabilities: | 583 | 138 | 52 | 7 | 5 | |||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 2,476 | 16,187 | ||||||
| Total liabilities: | 3,060 | 16,326 | 52 | 7 | 5 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 15,223 | 2,954 | (14) | (0) | 30 | |||
| Preferred stock | 1 | 1 | ||||||
| Common stock | 8 | 7 | 7 | 7 | 7 | |||
| Additional paid in capital | 1,580 | 1,542 | 43 | 21 | 21 | |||
| Accumulated other comprehensive income | 15 | 0 | ||||||
| Retained earnings (accumulated deficit) | 13,179 | 963 | (65) | (28) | 1 | |||
| Other undisclosed equity, attributable to parent | 441 | 441 | ||||||
| Other undisclosed equity | (0) | |||||||
| Total equity: | 15,223 | 2,954 | (14) | (0) | 30 | |||
| TOTAL LIABILITIES AND EQUITY: | 18,283 | 19,280 | 38 | 7 | 35 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 20,860 | 3,839 | 10 | 6 | 6 | ||
| Gross profit: | 20,860 | 3,839 | 10 | 6 | 6 | ||
| Operating expenses | (2,741) | (28) | (46) | (35) | (9) | ||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (9) | ||||||
| Other undisclosed operating income | 1 | ||||||
| Operating income (loss): | 18,110 | 3,811 | (36) | (28) | (3) | ||
| Nonoperating expense | (31) | (1,629) | |||||
| Gain, foreign currency transaction, before tax | 15 | 0 | |||||
| Interest and debt expense | (174) | (44) | (1) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 17,905 | 2,139 | (37) | (28) | (3) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (5,614) | 28 | |||||
| Income (loss) from continuing operations before income taxes: | 12,291 | 2,167 | (37) | (28) | (3) | ||
| Income tax expense (benefit) | (588) | 0 | 1 | ||||
| Income (loss) from continuing operations: | 12,291 | 1,579 | (37) | (28) | (2) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 12,291 | 1,579 | (37) | (28) | (2) | |
| Other undisclosed net loss | (75) | ||||||
| Net income (loss): | 12,216 | 1,579 | (37) | (28) | (2) | ||
| Net loss attributable to noncontrolling interest | (12,216) | ||||||
| Other undisclosed net income (loss) attributable to parent | 12,216 | (2) | |||||
| Net income (loss) available to common stockholders, diluted: | 12,216 | 1,579 | (37) | (30) | (2) | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 12,216 | 1,579 | (37) | (28) | (2) | ||
| Other comprehensive income | 0 | ||||||
| Comprehensive income (loss): | 12,216 | 1,579 | (37) | (28) | (2) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (12,216) | ||||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 12,216 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 12,216 | 1,579 | (37) | (28) | (2) | ||
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.