MIGI Statistics
Total Valuation
MIGI has a market cap or net worth of $30.98 million. The enterprise value is $49.38 million.
Important Dates
The next estimated earnings date is Monday, November 11, 2024, after market close.
| Earnings Date | Nov 11, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MIGI has 18.55 million shares outstanding. The number of shares has increased by 19.28% in one year.
| Shares Outstanding | 18.55M |
| Shares Change (YoY) | +19.28% |
| Shares Change (QoQ) | +4.61% |
| Owned by Insiders (%) | 20.56% |
| Owned by Institutions (%) | 9.40% |
| Float | 14.74M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.49 |
| Forward PS | 0.37 |
| PB Ratio | 6.64 |
| P/FCF Ratio | 8.62 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.86 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 13.73 |
Financial Position
The company has a current ratio of 0.40, with a Debt / Equity ratio of 5.72.
| Current Ratio | 0.40 |
| Quick Ratio | 0.31 |
| Debt / Equity | 5.72 |
| Debt / EBITDA | n/a |
| Debt / FCF | 7.00 |
| Interest Coverage | -14.81 |
Financial Efficiency
Return on equity (ROE) is -197.88% and return on invested capital (ROIC) is -50.75%.
| Return on Equity (ROE) | -197.88% |
| Return on Assets (ROA) | -32.47% |
| Return on Capital (ROIC) | -50.75% |
| Revenue Per Employee | $1.91M |
| Profits Per Employee | -$2.05M |
| Employee Count | 30 |
| Asset Turnover | 0.67 |
| 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 increased by +153.80% in the last 52 weeks. The beta is 4.32, so MIGI's price volatility has been higher than the market average.
| Beta (5Y) | 4.32 |
| 52-Week Price Change | +153.80% |
| 50-Day Moving Average | 1.32 |
| 200-Day Moving Average | 1.52 |
| Relative Strength Index (RSI) | 67.28 |
| Average Volume (20 Days) | 362,593 |
Short Selling Information
The latest short interest is 639,081, so 3.44% of the outstanding shares have been sold short.
| Short Interest | 639,081 |
| Short Previous Month | 738,935 |
| Short % of Shares Out | 3.44% |
| Short % of Float | 4.34% |
| Short Ratio (days to cover) | 1.76 |
Income Statement
In the last 12 months, MIGI had revenue of $57.23 million and -$61.36 million in losses. Loss per share was -$3.65.
| Revenue | 57.23M |
| Gross Profit | 19.80M |
| Operating Income | -44.26M |
| Pretax Income | -63.74M |
| Net Income | -61.36M |
| EBITDA | -10.34M |
| EBIT | -44.26M |
| Loss Per Share | -$3.65 |
Full Income StatementBalance Sheet
The company has $6.78 million in cash and $25.18 million in debt, giving a net cash position of -$18.39 million or -$0.99 per share.
| Cash & Cash Equivalents | 6.78M |
| Total Debt | 25.18M |
| Net Cash | -18.39M |
| Net Cash Per Share | -$0.99 |
| Equity (Book Value) | 4.40M |
| Book Value Per Share | 0.25 |
| Working Capital | -34.50M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $5.99 million and capital expenditures -$2.40 million, giving a free cash flow of $3.60 million.
| Operating Cash Flow | 5.99M |
| Capital Expenditures | -2.40M |
| Free Cash Flow | 3.60M |
| FCF Per Share | $0.19 |
Full Cash Flow StatementMargins
Gross margin is 34.60%, with operating and profit margins of -77.33% and -107.21%.
| Gross Margin | 34.60% |
| Operating Margin | -77.33% |
| Pretax Margin | -93.94% |
| Profit Margin | -107.21% |
| EBITDA Margin | -18.06% |
| EBIT Margin | -77.33% |
| 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 | -19.28% |
| Shareholder Yield | -19.28% |
| Earnings Yield | -198.03% |
| FCF Yield | 11.60% |
Analyst Forecast
The average price target for MIGI is $1.00, which is -40.12% lower than the current price. The consensus rating is "Hold".
| Price Target | $1.00 |
| Price Target Difference | -40.12% |
| 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 -6.28 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -6.28 |
| Piotroski F-Score | 4 |