MGAM Mobile Global Esports, Inc.

OTC Services-Amusement & Recreation Services DE CIK: 0001886362
AI RATING
STRONG_SELL
95% Confidence

Investment Thesis

Mobile Global Esports is in severe financial distress with collapsing revenue (down 85.5% YoY), negative stockholders equity of -$161.7K, and massive operating losses exceeding $2M. The company is burning cash rapidly with -$1.1M operating cash flow while generating minimal revenue of only $3.7K, indicating a non-functional business model.

Strengths

  • + Maintains cash reserves of $573.3K providing short-term runway
  • + Gross margin at 100% suggests pricing power on minimal revenue
  • + No long-term debt limiting future obligation burden

Risks

  • ! Negative stockholders equity indicates insolvency and potential equity wipeout
  • ! Revenue collapse of 85.5% YoY suggests complete loss of market traction
  • ! Negative operating cash flow of -$1.1M with minimal revenue indicates unsustainable burn rate
  • ! Current ratio of 0.35x indicates inability to meet short-term obligations
  • ! Massive operating losses of -$2.2M with near-zero revenue demonstrates broken business model

Key Metrics to Watch

Financial Metrics

Revenue
3.7K
Net Income
-2.3M
EPS (Diluted)
$-0.05
Free Cash Flow
-1.1M
Total Assets
1.7M
Cash
573.3K

Profitability Ratios

Gross Margin 100.0%
Operating Margin -58,371.1%
Net Margin -61,150.7%
ROE N/A
ROA -136.7%
FCF Margin -29,325.5%

Balance Sheet & Liquidity

Current Ratio
0.35x
Quick Ratio
0.35x
Debt/Equity
N/A
Debt/Assets
110.8%
Interest Coverage
-119.89x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: 2026-04-01T20:10:10.817569 | Data as of: 2025-12-31 | Powered by Claude AI