For the year ending 2025-12-31, MGAM made $3,697 in revenue. -$2,260,743 in net income. Net profit margin of -61150.74%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 3,697 | 25,409 | ||
| Gross profit | 3,697 | - | ||
| Selling, general and administrative expenses | 2,161,677 | 2,272,929 | ||
| Impairment expense | - | 79,566 | ||
| Total operating expenses | 2,161,677 | 2,352,495 | ||
| Loss from operations | -2,157,980 | -2,327,086 | ||
| Interest income | 27 | 199 | ||
| Interest expense | 22,411 | 1,408 | ||
| Change in fair value of convertible notes payable | 50,500 | - | ||
| Loss from continuing operations, before income taxes | -2,129,864 | -2,328,295 | ||
| Loss from continuing operations | -2,129,864 | - | ||
| Loss from operations of discontinued mogo pvt ltd | -145,336 | - | ||
| Gain on classification as held for sale | 12,866 | - | ||
| Loss on discontinued operations | -132,470 | - | ||
| Net loss | -2,262,334 | - | ||
| Net loss - non-controlling interest | - | -8,337 | ||
| Net loss on discontinued operations - non-controlling interest | -1,591 | - | ||
| Net loss attributable to mobile global esports inc | -2,260,743 | -2,319,958 | ||
| Basic EPS | -0.05 | -0.11 | ||
| Diluted EPS | -0.05 | -0.11 | ||
| Basic Average Shares | 46,432,409 | 21,568,233 | ||
| Diluted Average Shares | 46,432,409 | 21,568,233 | ||
Mobile Global Esports, Inc. (MGAM)
Mobile Global Esports, Inc. (MGAM)