MIGI Statistics
Total Valuation
MIGI has a market cap or net worth of $26.13 million. The enterprise value is $43.52 million.
| Market Cap | 26.13M |
| Enterprise Value | 43.52M |
Important Dates
The next estimated earnings date is Monday, May 13, 2024, after market close.
| Earnings Date | May 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MIGI has 16.64 million shares outstanding. The number of shares has increased by 23.34% in one year.
| Shares Outstanding | 16.64M |
| Shares Change (YoY) | +23.34% |
| Shares Change (QoQ) | +0.76% |
| Owned by Insiders (%) | 15.23% |
| Owned by Institutions (%) | 7.24% |
| Float | 14.11M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 5.53 |
| PS Ratio | 0.60 |
| Forward PS | 0.43 |
| PB Ratio | 0.89 |
| P/FCF Ratio | 20.59 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.00 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 34.30 |
Financial Position
The company has a current ratio of 0.38, with a Debt / Equity ratio of 0.75.
| Current Ratio | 0.38 |
| Quick Ratio | 0.31 |
| Debt / Equity | 0.75 |
| Debt / EBITDA | n/a |
| Debt / FCF | 17.23 |
| Interest Coverage | -16.87 |
Financial Efficiency
Return on equity (ROE) is -123.60% and return on invested capital (ROIC) is -103.86%.
| Return on Equity (ROE) | -123.60% |
| Return on Assets (ROA) | -61.30% |
| Return on Capital (ROIC) | -103.86% |
| Revenue Per Employee | $1.45M |
| Profits Per Employee | -$2.01M |
| Employee Count | 30 |
| Asset Turnover | 0.44 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MIGI has paid $5.95 million in taxes.
| Income Tax | 5.95M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -48.01% in the last 52 weeks. The beta is 4.35, so MIGI's price volatility has been higher than the market average.
| Beta (1Y) | 4.35 |
| 52-Week Price Change | -48.01% |
| 50-Day Moving Average | 1.51 |
| 200-Day Moving Average | 1.43 |
| Relative Strength Index (RSI) | 59.41 |
| Average Volume (30 Days) | 551,779 |
Short Selling Information
The latest short interest is 796,588, so 4.79% of the outstanding shares have been sold short.
| Short Interest | 796,588 |
| Short Previous Month | 880,880 |
| Short % of Shares Out | 4.79% |
| Short % of Float | 5.65% |
| Short Ratio (days to cover) | 1.44 |
Income Statement
In the last 12 months, MIGI had revenue of $43.57 million and -$60.42 million in losses. Loss per share was -$3.86.
| Revenue | 43.57M |
| Gross Profit | 15.01M |
| Operating Income | -53.08M |
| Pretax Income | -54.47M |
| Net Income | -60.42M |
| EBITDA | -11.91M |
| EBIT | -51.42M |
| Loss Per Share | -$3.86 |
Balance Sheet
The company has $4.48 million in cash and $21.87 million in debt, giving a net cash position of -$17.39 million or -$1.04 per share.
| Cash & Cash Equivalents | 4.48M |
| Total Debt | 21.87M |
| Net Cash | -17.39M |
| Net Cash Per Share | -$1.04 |
| Equity / Book Value | 29.24M |
| Book Value Per Share | 1.76 |
| Working Capital | -33.18M |
Cash Flow
In the last 12 months, operating cash flow was -$2.55 million and capital expenditures $3.81 million, giving a free cash flow of $1.27 million.
| Operating Cash Flow | -2.55M |
| Capital Expenditures | 3.81M |
| Free Cash Flow | 1.27M |
| FCF Per Share | $0.08 |
Margins
Gross margin is 34.46%, with operating and profit margins of -121.82% and -138.67%.
| Gross Margin | 34.46% |
| Operating Margin | -121.82% |
| Pretax Margin | -125.02% |
| Profit Margin | -138.67% |
| EBITDA Margin | -27.33% |
| EBIT Margin | -118.02% |
| FCF Margin | 2.91% |
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 | -23.34% |
| Shareholder Yield | -23.34% |
| Earnings Yield | -231.22% |
| FCF Yield | 4.86% |
Analyst Forecast
The average price target for MIGI is $2.00, which is 27.39% higher than the current price. The consensus rating is "Buy".
| Price Target | $2.00 |
| Price Target Difference | 27.39% |
| 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 -4.69 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -4.69 |
| Piotroski F-Score | 2 |