MIGI Statistics
Total Valuation
MIGI has a market cap or net worth of $11.21 million. The enterprise value is $31.53 million.
Important Dates
The last earnings date was Thursday, May 15, 2025, after market close.
| Earnings Date | May 15, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
MIGI has 19.80 million shares outstanding. The number of shares has increased by 12.45% in one year.
| Current Share Class | 19.80M |
| Shares Outstanding | 19.80M |
| Shares Change (YoY) | +12.45% |
| Shares Change (QoQ) | +0.35% |
| Owned by Insiders (%) | 17.93% |
| Owned by Institutions (%) | 4.05% |
| Float | 16.25M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.19 |
| Forward PS | 0.17 |
| PB Ratio | n/a |
| P/TBV Ratio | n/a |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 9.53 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.58 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.35
| Current Ratio | 0.35 |
| Quick Ratio | 0.29 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -7.65 |
Financial Efficiency
Return on equity (ROE) is -461.16% and return on invested capital (ROIC) is -52.03%.
| Return on Equity (ROE) | -461.16% |
| Return on Assets (ROA) | -23.97% |
| Return on Invested Capital (ROIC) | -52.03% |
| Return on Capital Employed (ROCE) | -2,615.72% |
| Revenue Per Employee | $1.65M |
| Profits Per Employee | -$808,435 |
| Employee Count | 33 |
| Asset Turnover | 0.86 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MIGI has paid $1.15 million in taxes.
| Income Tax | 1.15M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -54.68% in the last 52 weeks. The beta is 4.08, so MIGI's price volatility has been higher than the market average.
| Beta (5Y) | 4.08 |
| 52-Week Price Change | -54.68% |
| 50-Day Moving Average | 0.55 |
| 200-Day Moving Average | 0.99 |
| Relative Strength Index (RSI) | 46.81 |
| Average Volume (20 Days) | 346,936 |
Short Selling Information
The latest short interest is 240,468, so 1.21% of the outstanding shares have been sold short.
| Short Interest | 240,468 |
| Short Previous Month | 397,810 |
| Short % of Shares Out | 1.21% |
| Short % of Float | 1.48% |
| Short Ratio (days to cover) | 0.85 |
Income Statement
In the last 12 months, MIGI had revenue of $54.31 million and -$26.68 million in losses. Loss per share was -$1.45.
| Revenue | 54.31M |
| Gross Profit | 19.22M |
| Operating Income | -24.08M |
| Pretax Income | -63.74M |
| Net Income | -26.68M |
| EBITDA | -12.68M |
| EBIT | -24.08M |
| Loss Per Share | -$1.45 |
Full Income StatementBalance Sheet
The company has $5.47 million in cash and $25.79 million in debt, giving a net cash position of -$20.32 million or -$1.03 per share.
| Cash & Cash Equivalents | 5.47M |
| Total Debt | 25.79M |
| Net Cash | -20.32M |
| Net Cash Per Share | -$1.03 |
| Equity (Book Value) | -1.44M |
| Book Value Per Share | -0.08 |
| Working Capital | -36.74M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.18 million and capital expenditures -$1.95 million, giving a free cash flow of -$768,467.
| Operating Cash Flow | 1.18M |
| Capital Expenditures | -1.95M |
| Free Cash Flow | -768,467 |
| FCF Per Share | -$0.04 |
Full Cash Flow StatementMargins
Gross margin is 35.38%, with operating and profit margins of -44.34% and -49.12%.
| Gross Margin | 35.38% |
| Operating Margin | -44.34% |
| Pretax Margin | -47.01% |
| Profit Margin | -49.12% |
| EBITDA Margin | -23.34% |
| EBIT Margin | -44.34% |
| FCF Margin | n/a |
Dividends & Yields
MIGI does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -12.45% |
| Shareholder Yield | -12.45% |
| Earnings Yield | -237.88% |
| FCF Yield | -6.85% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on February 9, 2023. It was a reverse split with a ratio of 0.1666667:1.
| Last Split Date | Feb 9, 2023 |
| Split Type | Reverse |
| Split Ratio | 0.1666667:1 |
Scores
MIGI has an Altman Z-Score of -6.52 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -6.52 |
| Piotroski F-Score | 4 |