Mobile Global Esports Inc.
Mobile Global Esports Inc., gaming and digital entertainment company, operates in the esports business. It organizes and commercializes various virtual esports events. The company engages in developing Dominus, a proprietary fantasy simulation and scoring engine. The company was formerly known as Elite Esports, Inc. and changed its name to Mobile Global Esports Inc. in April 2021. Mobile Global E… Read more
Mobile Global Esports Inc. (MGAM) - Net Assets
Latest net assets as of September 2025: $204.44K USD
Based on the latest financial reports, Mobile Global Esports Inc. (MGAM) has net assets worth $204.44K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($973.17K) and total liabilities ($768.73K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $204.44K |
| % of Total Assets | 21.01% |
| Annual Growth Rate | 54.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1561.07 |
Mobile Global Esports Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Mobile Global Esports Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mobile Global Esports Inc. (2021–2024)
The table below shows the annual net assets of Mobile Global Esports Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $999.24K | -67.74% |
| 2023-12-31 | $3.10 Million | -65.63% |
| 2022-12-31 | $9.01 Million | +3244.84% |
| 2021-12-31 | $269.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mobile Global Esports Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1038036700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.79K | 0.28% |
| Other Comprehensive Income | $-6.32K | -0.62% |
| Other Components | $11.66 Million | 1149.81% |
| Total Equity | $1.01 Million | 100.00% |
Mobile Global Esports Inc. Competitors by Market Cap
The table below lists competitors of Mobile Global Esports Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Michman Basad Ltd
TA:MCMN
|
$1.60 Million |
|
Go Green Global Tech
OTCQB:GOGR
|
$1.60 Million |
|
Getty Copper Inc
PINK:GTCDF
|
$1.60 Million |
|
Ever Shine Textile Industry
JK:ESTI
|
$1.60 Million |
|
Bluejay Diagnostics Inc
NASDAQ:BJDX
|
$1.60 Million |
|
SIMPSON MANUFACTRNG
MU:TWL
|
$1.60 Million |
|
MITSUI MNG & SMLT
DU:MMG
|
$1.59 Million |
|
Eduform'action S.A.
PA:MLEFA
|
$1.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mobile Global Esports Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,103,737 to 1,014,109, a change of -2,089,628 (-67.3%).
- Net loss of 2,319,958 reduced equity.
- Other comprehensive income decreased equity by 3,290.
- Other factors increased equity by 233,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.32 Million | -228.77% |
| Other Comprehensive Income | $-3.29K | -0.32% |
| Other Changes | $233.62K | +23.04% |
| Total Change | $- | -67.33% |
Book Value vs Market Value Analysis
This analysis compares Mobile Global Esports Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.06x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.01 | $0.05 | x |
| 2022-12-31 | $0.44 | $0.05 | x |
| 2023-12-31 | $0.15 | $0.05 | x |
| 2024-12-31 | $0.05 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mobile Global Esports Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -228.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9130.46%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.07x
- Recent ROE (-228.77%) is below the historical average (-139.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -97.39% | 0.00% | 0.00x | 1.12x | $-289.30K |
| 2022 | -14.28% | 0.00% | 0.00x | 1.03x | $-2.19 Million |
| 2023 | -218.23% | -136505.06% | 0.00x | 1.10x | $-7.08 Million |
| 2024 | -228.77% | -9130.46% | 0.02x | 1.07x | $-2.42 Million |
Industry Comparison
This section compares Mobile Global Esports Inc.'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,313,913,293
- Average return on equity (ROE) among peers: -81.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mobile Global Esports Inc. (MGAM) | $204.44K | -97.39% | 3.76x | $1.60 Million |
| Alliance Media Holdings Inc (ADTR) | $3.34 Million | 5.56% | 2.25x | $1.00 |
| Alpha Esports Tech Inc (APETF) | $2.65 Million | -47.32% | 0.21x | $1.19K |
| Atlantis Internet Group Corp (ATIG) | $-2.11 Million | 0.00% | 0.00x | $1.96 |
| Kuuhubb Inc (BCDMF) | $448.25K | -290.46% | 0.57x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| i3 Interactive Inc (BLITF) | $439.47K | -289.81% | 0.19x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $3.39 Million | -79.50% | 0.30x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $32.49 Billion | 11.15% | 2.27x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $626.23 Million | -37.36% | 0.26x | $7.07 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $6.78 Million | -127.41% | 0.25x | $2.82 Million |