MIGI Statistics
Total Valuation
MIGI has a market cap or net worth of $16.84 million. The enterprise value is $37.47 million.
Important Dates
The last earnings date was Thursday, November 14, 2024, before market open.
| Earnings Date | Nov 14, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MIGI has 18.71 million shares outstanding. The number of shares has increased by 16.10% in one year.
| Current Share Class | 18.71M |
| Shares Outstanding | 18.71M |
| Shares Change (YoY) | +16.10% |
| Shares Change (QoQ) | +6.36% |
| Owned by Insiders (%) | 20.39% |
| Owned by Institutions (%) | 7.12% |
| Float | 14.89M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.28 |
| Forward PS | 0.19 |
| PB Ratio | n/a |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 5.13 |
| P/OCF Ratio | 3.19 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.64 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 11.20 |
Financial Position
The company has a current ratio of 0.39
| Current Ratio | 0.39 |
| Quick Ratio | 0.31 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | 7.78 |
| Interest Coverage | -11.95 |
Financial Efficiency
Return on equity (ROE) is -270.15% and return on invested capital (ROIC) is -57.42%.
| Return on Equity (ROE) | -270.15% |
| Return on Assets (ROA) | -32.95% |
| Return on Capital (ROIC) | -57.42% |
| Revenue Per Employee | $1.94M |
| Profits Per Employee | -$1.82M |
| Employee Count | 30 |
| Asset Turnover | 0.78 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MIGI has paid $4.69 million in taxes.
| Income Tax | 4.69M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -61.37% in the last 52 weeks. The beta is 4.46, so MIGI's price volatility has been higher than the market average.
| Beta (5Y) | 4.46 |
| 52-Week Price Change | -61.37% |
| 50-Day Moving Average | 1.34 |
| 200-Day Moving Average | 1.34 |
| Relative Strength Index (RSI) | 41.56 |
| Average Volume (20 Days) | 420,890 |
Short Selling Information
The latest short interest is 167,362, so 0.89% of the outstanding shares have been sold short.
| Short Interest | 167,362 |
| Short Previous Month | 694,977 |
| Short % of Shares Out | 0.89% |
| Short % of Float | 1.12% |
| Short Ratio (days to cover) | 1.77 |
Income Statement
In the last 12 months, MIGI had revenue of $58.22 million and -$54.54 million in losses. Loss per share was -$3.15.
| Revenue | 58.22M |
| Gross Profit | 20.50M |
| Operating Income | -39.17M |
| Pretax Income | -63.74M |
| Net Income | -54.54M |
| EBITDA | -13.51M |
| EBIT | -39.17M |
| Loss Per Share | -$3.15 |
Full Income StatementBalance Sheet
The company has $5.76 million in cash and $26.05 million in debt, giving a net cash position of -$20.29 million or -$1.08 per share.
| Cash & Cash Equivalents | 5.76M |
| Total Debt | 26.05M |
| Net Cash | -20.29M |
| Net Cash Per Share | -$1.08 |
| Equity (Book Value) | -1.56M |
| Book Value Per Share | -0.08 |
| Working Capital | -36.09M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $5.38 million and capital expenditures -$2.03 million, giving a free cash flow of $3.35 million.
| Operating Cash Flow | 5.38M |
| Capital Expenditures | -2.03M |
| Free Cash Flow | 3.35M |
| FCF Per Share | $0.18 |
Full Cash Flow StatementMargins
Gross margin is 35.22%, with operating and profit margins of -67.29% and -93.68%.
| Gross Margin | 35.22% |
| Operating Margin | -67.29% |
| Pretax Margin | -81.27% |
| Profit Margin | -93.68% |
| EBITDA Margin | -23.21% |
| EBIT Margin | -67.29% |
| FCF Margin | 5.75% |
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 | -16.10% |
| Shareholder Yield | -16.10% |
| Earnings Yield | -317.51% |
| FCF Yield | 19.48% |
Analyst Forecast
The average price target for MIGI is $1.00, which is 11.11% higher than the current price. The consensus rating is "Hold".
| Price Target | $1.00 |
| Price Target Difference | 11.11% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 -6.81 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -6.81 |
| Piotroski F-Score | 4 |