MGX
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Price to Earnings | -1.53 | |
| Price to Sales | 2.28 | |
| Book Value Per Common Share | 6.28 | -3.61 |
| Price to Book | 0.58 | |
| Price to Operating Cash Flow | -1.09 | |
| Price to Free Cash Flow | ||
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Price to Earnings | -1.35 | -1.22 | -2.00 | -1.25 | -3.29 | -8.87 | |
| Price to Sales | 4.14 | 4.34 | 12.20 | 1.61 | 3.78 | 19.98 | |
| Book Value Per Common Share | 4.75 | 5.22 | 5.69 | 6.28 | 6.83 | 7.19 | 7.36 |
| Price to Book | 0.50 | 0.28 | 0.24 | 0.58 | 0.32 | 0.57 | 1.43 |
| Price to Operating Cash Flow | -1.35 | -1.24 | -2.20 | -0.83 | -2.10 | -7.47 | |
| Price to Free Cash Flow | |||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Earning YoY | ||
| Revenue YoY | 16.84 | |
| EBITDA YoY | ||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Earning YoY | |||||||
| Revenue YoY | 68.50 | 206.28 | 36.94 | 179.30 | |||
| EBITDA YoY | |||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Cash Per Common Share | 7.52 | 7.23 |
| Quick Ratio | 6.69 | 3.97 |
| Current Ratio | 6.91 | 4.04 |
| Debt to Equity | 0.38 | -3.69 |
| Long-Term Debt to Equity | 0.22 | -3.18 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 4.95 | 5.53 | 6.11 | 6.64 | 8.69 | 10.38 | 15.49 |
| Quick Ratio | 6.26 | 6.19 | 5.69 | 6.69 | 6.02 | 5.71 | 4.66 |
| Current Ratio | 6.42 | 6.36 | 5.85 | 6.91 | 6.18 | 5.82 | 4.75 |
| Debt to Equity | 0.39 | 0.39 | 0.40 | 0.38 | 0.40 | 0.43 | 0.51 |
| Long-Term Debt to Equity | 0.22 | 0.22 | 0.21 | 0.22 | 0.22 | 0.24 | 0.25 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| ROA | -24.05 | -18.71 |
| ROE | -33.24 | 50.34 |
| Gross Margin | ||
| Operating Margin | -159.81 | -175.38 |
| EBITDA Margin | -137.67 | -165.98 |
| Net Profit Margin | -149.26 | -152.50 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| ROA | -26.35 | -16.51 | -8.41 | -15.25 | -9.30 | -6.05 | |
| ROE | -36.62 | -22.95 | -11.77 | -21.37 | -13.32 | -9.12 | |
| Gross Margin | |||||||
| Operating Margin | -307.21 | -354.47 | -604.34 | -138.15 | -122.20 | -225.36 | |
| EBITDA Margin | -276.47 | -318.73 | -547.03 | -117.60 | -103.64 | -203.01 | |
| Net Profit Margin | -306.78 | -355.59 | -606.71 | -128.07 | -115.14 | -225.36 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Dividend Yield | ||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | |||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Assets | 324,599.00 | 364,842.00 |
| Current Assets | 257,960.00 | 278,273.00 |
| Cash and Short-Term Investments | 248,300.00 | 271,182.00 |
| Cash and Cash Equivalents | 53,555.00 | 140,603.00 |
| Short-Term Investments | 220,921.00 | 130,579.00 |
| Net Receivables | 1,257.00 | 2,451.00 |
| Inventory | 0 | 0 |
| Other Current Assets | 8,403.00 | 4,640.00 |
| Non-Current Assets | 66,639.00 | 86,569.00 |
| Property, Plant, Equipment Net | 57,657.00 | 65,153.00 |
| Goodwill | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Long-Term Investments | 5,647.00 | 10,676.00 |
| Non-Current Deferred Assets | 9,341.00 | 5,124.00 |
| Other Non-Current Assets | -6,006.00 | 5,616.00 |
| Liabilities | 89,742.00 | 500,426.00 |
| Current Liabilities | 37,309.00 | 68,861.00 |
| Payables and Expenses | 533.00 | 9,266.00 |
| Account Payables | 533.00 | 1,791.00 |
| Current Accrued Liabilities | 0 | 4,209.00 |
| Short-Term Debt | 5,592.00 | 3,427.00 |
| Other Current Liabilities | 31,184.00 | 56,168.00 |
| Non-Current Liabilities | 52,433.00 | 431,565.00 |
| Long-Term Debt | 40,186.00 | 44,802.00 |
| Other Non-Current Liabilities | 12,247.00 | 386,763.00 |
| Equity | 234,857.00 | -135,584.00 |
| Shareholders Equity | 234,857.00 | -135,584.00 |
| Capital Stock | 4.00 | 0 |
| Share Premium | 457,146.00 | 9,457.00 |
| Retained Earnings | -223,002.00 | -144,944.00 |
| Treasury Shares | 0 | 0 |
| Accumulated Other Comprehensive Income | 709.00 | -97.00 |
| Minority Interest | 0 | 0 |
| Investments | 226,568.00 | 0 |
| Debt | 45,778.00 | 48,229.00 |
| Common Shares Outstanding | 37,418.47 | 37,527.69 |
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Revenues | 52,295.00 | 44,756.00 |
| Interest Income | 0 | 15,468.00 |
| Interest Expense | 0.00 | 0 |
| Net Interest | 14,722.00 | 0 |
| Non-Interest Expense | 0 | 28,845.00 |
| Operating Expenses | 141,196.00 | 123,248.00 |
| Selling, General and Administrative Expenses | 32,017.00 | 28,845.00 |
| Research and Development Expenses | 142,416.00 | 94,403.00 |
| Other Operating Expenses | -33,237.00 | 0 |
| Operating Income | -88,901.00 | -78,492.00 |
| Net Non-Operating Income | 5,330.00 | -74.00 |
| EBT | -83,571.00 | -60,228.00 |
| Income Tax | 5,513.00 | 8,027.00 |
| Net Income Including Non-Controlling Interests | 0 | -68,255.00 |
| Net Income | -78,058.00 | -68,255.00 |
| EBIT | -83,571.00 | -78,492.00 |
| Deprecation and Amortization | 11,576.00 | 4,207.00 |
| EBITDA | -71,995.00 | -74,285.00 |
| EPS | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 33,027.89 | 37,527.69 |
| Average Shares Outstanding Diluted | 33,027.89 | 37,527.69 |
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Operating Cash Flow | -109,073.00 | -91,409.00 |
| Operating Net Income | -78,058.00 | -68,255.00 |
| Deprecation and Amortization | 11,576.00 | 4,207.00 |
| Deferred Income Tax | 0 | 0 |
| Share Based Compensation | 16,204.00 | 6,922.00 |
| Change in Working Capital | -9,713.00 | -26,429.00 |
| Other Operating Activities | -49,082.00 | -7,854.00 |
| Investing Cash Flow | -88,157.00 | 45,734.00 |
| Capital Expenditure | 0.00 | 0 |
| Net Purchase/Sale of PPE | 3,114.00 | -9,814.00 |
| Net Purchase/Sale of Investments Net | 527,473.00 | 55,548.00 |
| Net Purchase/Sale of Business | 0 | 0 |
| Other Investing Activities | -618,744.00 | 0.00 |
| Financing Cash Flow | 84,013.00 | 1,012.00 |
| Net Issuance/Repayment of Debt | 0 | 0 |
| Net Issuance/Repurchase of Equity | 84,013.00 | 4,295.00 |
| Dividends Paid | 0 | 0 |
| Other Financing Activities | 0.00 | 0 |
| Net Change in Cash | -113,217.00 | -44,663.00 |
| Cash at Beginning of Period | 145,851.00 | 190,514.00 |
| Cash at End of Period | 32,634.00 | 145,851.00 |
| Free Cash Flow | 0 | -101,223.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Assets | 247,937.00 | 272,284.00 | 297,866.00 | 324,599.00 | 358,348.00 | 385,905.00 | 415,403.00 |
| Current Assets | 189,820.00 | 211,681.00 | 233,195.00 | 257,960.00 | 282,293.00 | 307,579.00 | 335,643.00 |
| Cash and Short-Term Investments | 184,100.00 | 205,000.00 | 226,000.00 | 248,300.00 | 274,600.00 | 299,900.00 | 327,400.00 |
| Cash and Cash Equivalents | 64,503.00 | 52,652.00 | 57,286.00 | 53,555.00 | 48,963.00 | 120,961.00 | 203,292.00 |
| Short-Term Investments | 151,341.00 | 178,143.00 | 196,775.00 | 220,921.00 | 249,470.00 | 238,740.00 | 224,847.00 |
| Net Receivables | 960.00 | 873.00 | 1,012.00 | 1,257.00 | 589.00 | 1,648.00 | 2,082.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 4,760.00 | 5,808.00 | 6,183.00 | 8,403.00 | 7,104.00 | 6,031.00 | 6,161.00 |
| Non-Current Assets | 58,117.00 | 60,603.00 | 64,671.00 | 66,639.00 | 76,055.00 | 78,326.00 | 79,760.00 |
| Property, Plant, Equipment Net | 49,906.00 | 52,396.00 | 55,195.00 | 57,657.00 | 59,910.00 | 62,070.00 | 63,457.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 4,354.00 | 4,354.00 | 5,647.00 | 5,647.00 | 12,777.00 | 12,876.00 | 12,876.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 9,341.00 | 0 | 0 | 0 |
| Other Non-Current Assets | 3,857.00 | 3,853.00 | 3,829.00 | -6,006.00 | 3,368.00 | 3,380.00 | 3,427.00 |
| Liabilities | 69,490.00 | 76,453.00 | 85,208.00 | 89,742.00 | 102,575.00 | 116,486.00 | 139,770.00 |
| Current Liabilities | 29,583.00 | 33,265.00 | 39,893.00 | 37,309.00 | 45,692.00 | 52,810.00 | 70,701.00 |
| Payables and Expenses | 1,747.00 | 3,905.00 | 4,568.00 | 533.00 | 3,103.00 | 3,453.00 | 10,109.00 |
| Account Payables | 1,215.00 | 2,891.00 | 2,670.00 | 533.00 | 3,103.00 | 3,453.00 | 6,843.00 |
| Current Accrued Liabilities | 532.00 | 1,014.00 | 1,898.00 | 0 | 0 | 0 | 3,266.00 |
| Short-Term Debt | 5,571.00 | 5,508.00 | 5,603.00 | 5,592.00 | 4,696.00 | 5,396.00 | 4,382.00 |
| Other Current Liabilities | 22,265.00 | 23,852.00 | 29,722.00 | 31,184.00 | 37,893.00 | 43,961.00 | 56,210.00 |
| Non-Current Liabilities | 39,907.00 | 43,188.00 | 45,315.00 | 52,433.00 | 56,883.00 | 63,676.00 | 69,069.00 |
| Long-Term Debt | 36,092.00 | 37,482.00 | 38,834.00 | 40,186.00 | 41,377.00 | 42,545.00 | 43,680.00 |
| Other Non-Current Liabilities | 3,815.00 | 5,706.00 | 6,481.00 | 12,247.00 | 15,506.00 | 21,131.00 | 25,389.00 |
| Equity | 178,447.00 | 195,831.00 | 212,658.00 | 234,857.00 | 255,773.00 | 269,419.00 | 275,633.00 |
| Shareholders Equity | 178,447.00 | 195,831.00 | 212,658.00 | 234,857.00 | 255,773.00 | 269,419.00 | 275,633.00 |
| Capital Stock | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Share Premium | 466,414.00 | 463,404.00 | 460,074.00 | 457,146.00 | 453,734.00 | 450,511.00 | 445,999.00 |
| Retained Earnings | -288,342.00 | -267,949.00 | -248,041.00 | -223,002.00 | -199,604.00 | -180,831.00 | -170,092.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 371.00 | 372.00 | 621.00 | 709.00 | 1,639.00 | -265.00 | -278.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 155,695.00 | 182,497.00 | 202,422.00 | 226,568.00 | 262,247.00 | 251,616.00 | 237,723.00 |
| Debt | 41,663.00 | 42,990.00 | 44,437.00 | 45,778.00 | 46,073.00 | 47,941.00 | 48,062.00 |
| Common Shares Outstanding | 37,546.75 | 37,533.14 | 37,382.48 | 37,418.47 | 37,432.83 | 37,459.85 | 37,468.08 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Revenues | 21,299.00 | 12,640.00 | 4,127.00 | -32,712.00 | 42,681.00 | 31,167.00 | 11,159.00 |
| Operating Expenses | 92,945.00 | 61,447.00 | 31,947.00 | -87,016.00 | 110,959.00 | 77,062.00 | 40,191.00 |
| Selling, General and Administrative Expenses | 20,013.00 | 13,798.00 | 6,805.00 | -18,982.00 | 24,944.00 | 17,303.00 | 8,752.00 |
| Research and Development Expenses | 96,125.00 | 47,649.00 | 32,583.00 | -34,797.00 | 86,015.00 | 59,759.00 | 31,439.00 |
| Other Operating Expenses | -23,193.00 | 0.00 | -7,441.00 | -33,237.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -71,646.00 | -48,807.00 | -27,820.00 | 54,304.00 | -68,278.00 | -45,895.00 | -29,032.00 |
| Net Non-Operating Income | 6,214.00 | 4,002.00 | 2,879.00 | -15,676.00 | 9,313.00 | 7,809.00 | 3,884.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Interest | 7,586.00 | 5,372.00 | 2,887.00 | -8,648.00 | 11,526.00 | 7,910.00 | 3,934.00 |
| EBT | -65,432.00 | -44,805.00 | -24,941.00 | 38,628.00 | -58,965.00 | -38,086.00 | -25,148.00 |
| Income Tax | 92.00 | 142.00 | 98.00 | -991.00 | 4,305.00 | 2,199.00 | 0.00 |
| Net Income | -65,340.00 | -44,947.00 | -25,039.00 | 37,637.00 | -54,660.00 | -35,887.00 | -25,148.00 |
| EBIT | -65,432.00 | -44,805.00 | -24,941.00 | 38,628.00 | -58,965.00 | -38,086.00 | -25,148.00 |
| Deprecation and Amortization | 6,547.00 | 4,518.00 | 2,365.00 | -5,474.00 | 8,773.00 | 5,783.00 | 2,494.00 |
| EBITDA | -58,885.00 | -40,287.00 | -22,576.00 | 33,154.00 | -50,192.00 | -32,303.00 | -22,654.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 37,176.36 | 37,088.38 | 37,019.03 | 50,470.46 | 31,601.83 | 28,901.40 | 21,137.87 |
| Average Shares Outstanding Diluted | 37,176.36 | 37,088.38 | 37,019.03 | 50,470.46 | 31,601.83 | 28,901.40 | 21,137.87 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -65,346.00 | -44,093.00 | -22,842.00 | 59,733.00 | -82,797.00 | -56,159.00 | -29,850.00 |
| Operating Net Income | -65,340.00 | -44,947.00 | -25,039.00 | 37,637.00 | -54,660.00 | -35,887.00 | -25,148.00 |
| Deprecation and Amortization | 6,547.00 | 4,518.00 | 2,365.00 | -5,474.00 | 8,773.00 | 5,783.00 | 2,494.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 9,159.00 | 6,149.00 | 2,928.00 | -11,214.00 | 12,792.00 | 9,569.00 | 5,057.00 |
| Change in Working Capital | -7,653.00 | -3,462.00 | -1,545.00 | -2,948.00 | -6,677.00 | -3,637.00 | 3,549.00 |
| Other Operating Activities | -8,059.00 | -6,351.00 | -1,551.00 | 41,732.00 | -43,025.00 | -31,987.00 | -15,802.00 |
| Investing Cash Flow | 71,163.00 | 43,800.00 | 24,728.00 | 231,045.00 | -116,702.00 | -107,768.00 | -94,732.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 526.00 | 452.00 | 288.00 | -2,161.00 | 2,780.00 | 1,580.00 | 915.00 |
| Net Purchase/Sale of Investments Net | 165,333.00 | 125,770.00 | 69,590.00 | -594,092.00 | 473,912.00 | 392,144.00 | 255,509.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -94,696.00 | -82,422.00 | -45,150.00 | 827,298.00 | -593,394.00 | -501,492.00 | -351,156.00 |
| Financing Cash Flow | -430.00 | -243.00 | -77.00 | -171,042.00 | 84,013.00 | 84,505.00 | 86,537.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | -171,042.00 | 84,013.00 | 84,505.00 | 86,537.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -430.00 | -243.00 | -77.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Change in Cash | 5,387.00 | -536.00 | 1,809.00 | 119,736.00 | -115,486.00 | -79,422.00 | -38,045.00 |
| Cash at Beginning of Period | 32,634.00 | 32,634.00 | 32,634.00 | -87,102.00 | 145,851.00 | 145,851.00 | 145,851.00 |
| Cash at End of Period | 38,021.00 | 32,098.00 | 34,443.00 | 32,634.00 | 30,365.00 | 66,429.00 | 107,806.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 |