MicroAlgo Inc. (MLGO)
| Market Cap | 158.97M |
| Revenue (ttm) | 83.50M |
| Net Income (ttm) | -29.57M |
| Shares Out | 9.97M |
| EPS (ttm) | -77.69 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 75,898,616 |
| Open | 11.29 |
| Previous Close | 11.86 |
| Day's Range | 10.90 - 20.74 |
| 52-Week Range | 1.11 - 509.60 |
| Beta | 2.24 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Apr 8, 2025 |
About MLGO
MicroAlgo Inc. develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also provides advertisi... [Read more]
Financial Performance
In 2023, MicroAlgo's revenue was 580.02 million, a decrease of -1.03% compared to the previous year's 586.06 million. Losses were -268.21 million, 472.6% more than in 2022.
Financial numbers in CNY Financial StatementsNews
MicroAlgo Shares Jump After WiMi Increases Stake
MicroAlgo shares were up 45% at $17.15 after WiMi Hologram Cloud said it has increased its stake in MicroAlgo to 67.65%.
WIMI Hologram Cloud Inc has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares.
BEIJING , March 27, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced it h...
Overlooked Stock: MLGO
MicroAlgo (MLGO) experienced lots of volatility in today's session. The algorithm solutions company was 15% higher at its trading peak before closing 15% lower.
MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
SHENZHEN, March 24, 2025 (GLOBE NEWSWIRE) -- MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
MicroAlgo Inc. Develops Multi-Simulator Collaborative Algorithm Based on Subgraph Isomorphism to Enhance Quantum Computer Performance Using Distributed Computing Advantages
SHENZHEN, China , March 17, 2025 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"or "MicroAlgo"), today announced the introduction of an innovative solution: a multi-simulator collaborati...
MicroAlgo Inc. Explores the Grover Quantum Search Algorithm, Utilizing Quantum Superposition and Interference Principles to Achieve Fast Target Information Location in Unordered Databases
SHENZHEN, China , March 14, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced that their research and development team has improved the stability and p...
MicroAlgo Inc. Develops Quantum Neural Networks Integrated with Grover's Algorithm to Enhance Big Data Search Efficiency
SHENZHEN, China , March 13, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced that their research team has used quantum neural networks to classify and...
MicroAlgo Inc. Develops Hybrid Classical-Quantum Algorithms to Optimize Multi-Query Problems
SHENZHEN, China , Jan. 2, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced the development of an innovative hybrid algorithm that combines the advanta...
MicroAlgo Inc. Announces the Launch of FULL Adder Operation Quantum Algorithm Technology Based on CPU Registers in Quantum Gate Computing
SHENZHEN, China , Dec. 31, 2024 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced the successful development of a groundbreaking quantum algorithm technolog...
MicroAlgo stock soared 500% on Tuesday: what happened?
MicroAlgo Inc (NASDAQ: MLGO) soared an eye-popping 500% today after announcing a new agreement with WiMi Hologram Cloud Inc (NASDAQ: WIMI). Details of MicroAlgo-WiMi collaboration The bespoke central ...
MicroAlgo Inc. (NASDAQ: MLGO) Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With WIMI (NASDAQ: WIMI)
BEIJING , June 4, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that MicroAlgo and WiMi will jointly establish a micro-consciousness quantum resear...
WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo
BEIJING , June 4, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that W...
MicroAlgo stock opened 60% up on Monday: what happened?
MicroAlgo (NASDAQ: MLGO) opened a whopping 60% up on Monday after announcing a “deep clustering algorithm based on multi-level feature fusion”. MicroAlgo stock still down materially year-to-date The n...
MicroAlgo Inc. Announced a Deep Clustering Algorithm Based on Multi-level Feature Fusion
BEIJING , March 25, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that it developed a deep clustering algorithm based on multi-level feature fusion...
MicroAlgo Inc. Announced Bitcoin Trading Prediction Algorithm Based on Machine Learning and Technical Indicators
BEIJING , Dec. 26, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced a Bitcoin trading prediction algorithm based on machine learning and technical ind...
MicroAlgo Inc. announced plans to establish a practice base to train graduate students for the university
BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Researc...
MicroAlgo Inc. Announced That Its Company Will Establish A Postgraduate Training Practice Base
BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Researc...
MicroAlgo Inc. Announced Knowledge-enhanced Backtracking Search Algorithm
BEIJING , Sept. 22, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that a knowledge-enhanced backtracking search algorithm was developed, while the ...
MicroAlgo Inc. Announces Enters Securities Purchase Agreement for up to US$3.2 Million
NEW YORK , Jan. 13, 2023 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO) today announced that it has entered into a definitive agreement for the issuance and sale of 2,666...
WiMi Announces Its Subsidiary MicroAlgo (MLGO.US) To Be Listed On NASDAQ Valued At $400 Million
BEIJING , Dec. 13, 2022 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that ...