MIGI Statistics
Total Valuation
MIGI has a market cap or net worth of $31.36 million. The enterprise value is $45.48 million.
| Market Cap | 31.36M |
| Enterprise Value | 45.48M |
Important Dates
The next estimated earnings date is Monday, August 19, 2024, after market close.
| Earnings Date | Aug 19, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MIGI has 17.52 million shares outstanding. The number of shares has increased by 19.29% in one year.
| Shares Outstanding | 17.52M |
| Shares Change (YoY) | +19.29% |
| Shares Change (QoQ) | +0.11% |
| Owned by Insiders (%) | 21.99% |
| Owned by Institutions (%) | 6.34% |
| Float | 10.32M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 5.53 |
| PS Ratio | 0.57 |
| Forward PS | 0.42 |
| PB Ratio | 2.41 |
| P/FCF Ratio | 6.97 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.83 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 10.11 |
Financial Position
The company has a current ratio of 0.44, with a Debt / Equity ratio of 1.58.
| Current Ratio | 0.44 |
| Quick Ratio | 0.36 |
| Debt / Equity | 1.58 |
| Debt / EBITDA | n/a |
| Debt / FCF | 4.56 |
| Interest Coverage | -21.10 |
Financial Efficiency
Return on equity (ROE) is -196.30% and return on invested capital (ROIC) is -153.69%.
| Return on Equity (ROE) | -196.30% |
| Return on Assets (ROA) | -80.10% |
| Return on Capital (ROIC) | -153.69% |
| Revenue Per Employee | $1.82M |
| Profits Per Employee | -$2.30M |
| Employee Count | 30 |
| Asset Turnover | 0.63 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MIGI has paid $5.34 million in taxes.
| Income Tax | 5.34M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -26.94% in the last 52 weeks. The beta is 4.33, so MIGI's price volatility has been higher than the market average.
| Beta (5Y) | 4.33 |
| 52-Week Price Change | -26.94% |
| 50-Day Moving Average | 1.39 |
| 200-Day Moving Average | 1.46 |
| Relative Strength Index (RSI) | 61.33 |
| Average Volume (20 Days) | 356,561 |
Short Selling Information
The latest short interest is 399,141, so 2.28% of the outstanding shares have been sold short.
| Short Interest | 399,141 |
| Short Previous Month | 423,597 |
| Short % of Shares Out | 2.28% |
| Short % of Float | 3.87% |
| Short Ratio (days to cover) | 1.05 |
Income Statement
In the last 12 months, MIGI had revenue of $54.67 million and -$69.08 million in losses. Loss per share was -$4.22.
| Revenue | 54.67M |
| Gross Profit | 19.01M |
| Operating Income | -51.51M |
| Pretax Income | -63.74M |
| Net Income | -69.08M |
| EBITDA | -21.29M |
| EBIT | -60.86M |
| Loss Per Share | -$4.22 |
Balance Sheet
The company has $6.37 million in cash and $20.50 million in debt, giving a net cash position of -$14.13 million or -$0.81 per share.
| Cash & Cash Equivalents | 6.37M |
| Total Debt | 20.50M |
| Net Cash | -14.13M |
| Net Cash Per Share | -$0.81 |
| Equity (Book Value) | 13.01M |
| Book Value Per Share | 0.74 |
| Working Capital | -30.39M |
Cash Flow
In the last 12 months, operating cash flow was -$1.99 million and capital expenditures $6.48 million, giving a free cash flow of $4.50 million.
| Operating Cash Flow | -1.99M |
| Capital Expenditures | 6.48M |
| Free Cash Flow | 4.50M |
| FCF Per Share | $0.27 |
Margins
Gross margin is 34.77%, with operating and profit margins of -94.21% and -126.36%.
| Gross Margin | 34.77% |
| Operating Margin | -94.21% |
| Pretax Margin | -116.59% |
| Profit Margin | -126.36% |
| EBITDA Margin | -38.94% |
| EBIT Margin | -111.31% |
| FCF Margin | 8.23% |
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 | -19.29% |
| Shareholder Yield | -19.29% |
| Earnings Yield | -220.31% |
| FCF Yield | 14.34% |
Analyst Forecast
The average price target for MIGI is $2.00, which is 11.73% higher than the current price. The consensus rating is "Buy".
| Price Target | $2.00 |
| Price Target Difference | 11.73% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on February 9, 2023. It was a reverse split with a ratio of 1:6.
| Last Split Date | Feb 9, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:6 |
Scores
MIGI has an Altman Z-Score of -6.54 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -6.54 |
| Piotroski F-Score | 4 |