NASDAQ : MLGO
MicroAlgo Inc. — Financial statements
Technology · Software - Infrastructure · China
Last price 2.64 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 28.89M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
MicroAlgo Inc. (MLGO) reported revenue of 370.64M CNY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 370.64M | 422.05M | 541.49M | 580.02M | 586.06M | 529.25M |
| Cost of Revenue | 274.73M | 313.22M | 387.72M | 406.03M | 458.59M | 315.60M |
| Gross Profit | 95.91M | 108.82M | 153.77M | 173.99M | 127.47M | 213.65M |
| Selling, General & Admin | 26.91M | 23.17M | 21.94M | 27.68M | 38.29M | 39.47M |
| Research & Development | 48.95M | 63.28M | 111.69M | 161.19M | 93.68M | 107.04M |
| Operating Expenses | 93.03M | 103.61M | 133.63M | 306.28M | 131.97M | 146.50M |
| Operating Income | 2.89M | 5.22M | 20.14M | -132.29M | -4.50M | 67.15M |
| Interest Expense | -3.79M | -3.76M | -785.21K | -613.23K | -443.80K | -1.79M |
| Interest & Investment Income | 108.09M | 133.91M | 39.23M | 3.88M | 1.79M | 3.14M |
| Other Non Operating Income (Expenses) | -647.95K | -469.84K | -47.66K | 1.13M | 2.25M | 2.00M |
| EBT Excluding Unusual Items | 106.53M | 134.89M | 58.53M | -127.90M | -905.04K | 70.50M |
| Impairment of Goodwill | -106.27M | -35.49M | -18.46M | |||
| Gain (Loss) on Sale of Investments | -231.49M | -27.93M | -1.06M | |||
| Asset Writedown | -6.60M | -13.71M | ||||
| Other Unusual Items | 832.36K | 3.24M | ||||
| Pretax Income | -124.96M | 134.89M | 58.53M | -268.70M | -50.34M | 55.28M |
| Income Tax Expense | 8.40M | 7.33M | 6.14M | -2.50M | -3.80M | 547.21K |
| Earnings From Continuing Operations | -133.36M | 127.56M | 52.39M | -266.20M | -46.54M | 54.74M |
| Minority Interest in Earnings | -14.06M | -13.65M | -13.79M | -2.01M | -292.94K | 538.06K |
| Net Income | -147.42M | 113.91M | 38.60M | -268.21M | -46.84M | 55.28M |
| Net Income to Common | -147.42M | 113.91M | 38.60M | -268.21M | -46.84M | 55.28M |
| Shares Outstanding (Basic) | 12.49M | 7.66M | 3.67M | |||
| Shares Outstanding (Diluted) | 12.49M | 7.66M | 9.66M | |||
| EPS (Basic) | -11.80 | 14.87 | 10.52 | |||
| EPS (Diluted) | -11.80 | 14.87 | 3.99 | |||
| Free Cash Flow | -32.94M | 17.43M | 29.27M | -45.41M | 12.07M | 98.30M |
| Free Cash Flow Per Share | -2.64 | 2.28 | 3.03 | |||
| Gross Margin | 25.88% | 25.79% | 28.40% | 30.00% | 21.75% | 40.37% |
| Operating Margin | 0.78% | 1.24% | 3.72% | -22.81% | -0.77% | 12.69% |
| Profit Margin | -39.77% | 26.99% | 7.13% | -46.24% | -7.99% | 10.44% |
| Free Cash Flow Margin | -8.89% | 4.13% | 5.41% | -7.83% | 2.06% | 18.57% |
| EBITDA | 3.09M | 5.54M | 20.47M | -131.25M | 4.75M | 76.75M |
| EBITDA Margin | 0.83% | 1.31% | 3.78% | -22.63% | 0.81% | 14.50% |
| D&A For EBITDA | 200.71K | 326.36K | 331.35K | 1.04M | 9.25M | 9.60M |
| EBIT | 2.89M | 5.22M | 20.14M | -132.29M | -4.50M | 67.15M |
| EBIT Margin | 0.78% | 1.24% | 3.72% | -22.81% | -0.77% | 12.69% |
| Effective Tax Rate | 5.44% | 10.49% | 0.99% | |||
| Revenue as Reported | 370.64M | 422.05M | 541.49M | 580.02M | 586.06M | 529.25M |
Balance sheet
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.23B | 1.23B | 1.04B | 317.21M | 297.71M | 272.37M |
| Short-Term Investments | 867.74M | 1.14B | 149.58M | 18.41M | ||
| Cash & Short-Term Investments | 2.10B | 2.37B | 1.19B | 335.62M | 297.71M | 272.37M |
| Accounts Receivable | 25.40M | 43.59M | 23.71M | 23.01M | 18.13M | 17.64M |
| Other Receivables | 26.25M | 1.71M | 2.26M | 1.16M | 1.86M | 2.72M |
| Receivables | 51.65M | 45.30M | 25.97M | 24.17M | 19.98M | 41.52M |
| Inventory | 909.05K | 5.25M | ||||
| Prepaid Expenses | 59.52M | 48.74M | 53.08M | 48.50M | 25.93M | 25.13M |
| Other Current Assets | 39.99M | |||||
| Total Current Assets | 2.21B | 2.46B | 1.26B | 408.29M | 384.52M | 344.26M |
| Property, Plant & Equipment | 1.12M | 865.55K | 2.01M | 1.12M | 2.06M | 2.53M |
| Long-Term Investments | 96.91K | 96.91K | 97.06K | 97.06K | 1.20M | 600.00K |
| Goodwill | 106.27M | 139.92M | ||||
| Other Intangible Assets | 6.72M | 27.88M | ||||
| Long-Term Deferred Tax Assets | 296.49K | 443.09K | 440.35K | 987.85K | ||
| Long-Term Deferred Charges | 3.84M | |||||
| Other Long-Term Assets | 16.54K | 25.60K | 1.28M | 1.30M | ||
| Total Assets | 2.21B | 2.46B | 1.27B | 410.52M | 502.06M | 520.33M |
| Accounts Payable | 21.63M | 27.26M | 18.60M | 20.93M | 14.22M | 13.09M |
| Accrued Expenses | 342.27K | 457.11K | 560.39K | 417.47K | 65.27K | 192.47K |
| Short-Term Debt | 30.00M | 30.00M | 164.09M | 13.50M | ||
| Current Portion of Leases | 576.18K | 531.00K | 803.62K | 279.51K | 1.05M | 1.05M |
| Current Income Taxes Payable | 15.19M | 12.41M | 5.33M | 105.37K | 320.32K | 755.92K |
| Current Unearned Revenue | 33.25M | 7.12M | 3.41M | 10.37M | 11.21M | 12.19M |
| Other Current Liabilities | 30.56M | 31.46M | 14.13M | 39.71M | 6.59M | 112.76M |
| Total Current Liabilities | 131.55M | 109.24M | 206.92M | 85.32M | 33.45M | 140.03M |
| Long-Term Leases | 458.65K | 240.90K | 696.55K | 214.19K | 1.01M | |
| Long-Term Deferred Tax Liabilities | 1.68M | 5.40M | ||||
| Other Long-Term Liabilities | -1.00 | |||||
| Total Liabilities | 132.01M | 109.48M | 207.62M | 85.32M | 35.35M | 146.44M |
| Common Stock | 10.00 | 10.00 | 2.00 | 365.51K | 312.54K | 204.08K |
| Additional Paid-In Capital | 2.33B | 2.33B | 1.12B | 439.78M | 320.21M | 186.38M |
| Retained Earnings | -146.37M | 88.49M | -25.42M | -64.02M | 141.57M | 188.34M |
| Comprehensive Income & Other | -146.03M | -99.86M | -49.71M | -54.71M | 2.83M | -2.59M |
| Total Common Equity | 2.04B | 2.32B | 1.04B | 321.41M | 464.92M | 372.34M |
| Minority Interest | 36.91M | 31.24M | 17.59M | 3.80M | 1.78M | 1.55M |
| Shareholders' Equity | 2.08B | 2.35B | 1.06B | 325.20M | 466.71M | 373.89M |
| Total Liabilities & Equity | 2.21B | 2.46B | 1.27B | 410.52M | 502.06M | 520.33M |
| Total Debt | 31.03M | 30.77M | 165.59M | 13.78M | 1.26M | 2.06M |
| Net Cash (Debt) | 2.07B | 2.34B | 1.02B | 321.84M | 296.45M | 270.31M |
| Net Cash Per Share | 165.40 | 305.01 | 105.53 | |||
| Filing Date Shares Outstanding | 10.94M | 10.94M | 806.60K | 50.00K | ||
| Total Common Shares Outstanding | 10.94M | 10.94M | 437.88K | 50.00K | ||
| Working Capital | 2.08B | 2.35B | 1.06B | 322.97M | 351.07M | 204.23M |
| Book Value Per Share | 186.52 | 212.20 | 2,379.46 | 7,446.84 | ||
| Tangible Book Value | 2.04B | 2.32B | 1.04B | 321.41M | 351.93M | 204.54M |
| Tangible Book Value Per Share | 186.52 | 212.20 | 2,379.46 | 4,090.86 | ||
| Machinery | 1.36M | 1.38M | 1.37M | 1.38M | 1.59M | 614.48K |
| Leasehold Improvements | 271.57K | 501.83K | 482.36K |
Cash flow statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -147.42M | 113.91M | 38.60M | -268.21M | -46.84M | 55.28M |
| Depreciation & Amortization | 1.10M | 1.39M | 1.34M | 1.84M | 10.22M | 10.40M |
| Other Amortization | 1.40M | |||||
| Loss (Gain) From Sale of Assets | 11.27K | 54.72M | -65.59K | 208.00 | ||
| Asset Writedown & Restructuring Costs | 112.88M | 49.21M | 18.46M | |||
| Loss (Gain) From Sale of Investments | 71.18M | -132.25M | -16.22M | -124.10K | 1.06M | |
| Stock-Based Compensation | 119.62M | |||||
| Provision & Write-off of Bad Debts | 19.03M | 9.60M | -4.90M | -1.31M | 6.03M | 1.44M |
| Other Operating Activities | 14.27M | 13.65M | 14.34M | -652.81K | -4.44M | -5.58M |
| Change in Accounts Receivable | -1.96M | -19.87M | -702.76K | -350.58K | -6.45M | 32.53M |
| Change in Inventory | 909.05K | 4.65M | -4.14M | |||
| Change in Accounts Payable | 5.45M | 8.67M | -2.34M | 6.71M | 948.49K | 2.46M |
| Change in Unearned Revenue | 30.81M | 3.71M | -6.96M | -833.11K | -2.31M | 6.76M |
| Change in Income Taxes | 7.38M | 6.98M | 5.37M | 137.25K | -382.07K | -4.48M |
| Change in Other Net Operating Assets | -32.77M | 11.66M | -53.95M | -16.03M | 1.51M | -15.99M |
| Operating Cash Flow | -32.93M | 17.44M | 29.30M | -45.41M | 13.15M | 98.53M |
| Capital Expenditures | -8.15K | -8.15K | -28.64K | -1.08M | -232.31K | |
| Sale of Property, Plant & Equipment | 437.87K | |||||
| Cash Acquisitions | -20.00M | |||||
| Divestitures | 2.03K | 161.64K | ||||
| Investment in Securities | -466.02M | -856.26M | -114.95M | -17.15M | -1.66M | -600.00K |
| Other Investing Activities | 151.00 | 151.00 | -9.64M | -1.00 | ||
| Investing Cash Flow | -466.03M | -856.26M | -124.62M | -16.72M | 18.59M | -41.83M |
| Short-Term Debt Issued | 30.00M | 18.14M | 76.55M | 84.41M | 33.84M | |
| Total Debt Issued | -1.03B | 30.00M | 18.14M | 76.55M | 84.41M | 33.84M |
| Short-Term Debt Repaid | -15.00M | -35.11M | -239.67M | -55.08M | ||
| Total Debt Repaid | -30.00M | -15.00M | -35.11M | -239.67M | -55.08M | |
| Net Debt Issued (Repaid) | -1.06B | 15.00M | -16.97M | 76.55M | -155.27M | -21.24M |
| Issuance of Common Stock | 1.07B | 1.07B | 826.00M | |||
| Other Financing Activities | 138.97M | -3.84M | ||||
| Financing Cash Flow | 2.81M | 1.08B | 809.04M | 76.55M | -16.30M | -25.08M |
| Foreign Exchange Rate Adjustments | -87.96M | -50.15M | 5.00M | 5.08M | 9.90M | -1.39M |
| Miscellaneous Cash Flow Adjustments | 1.00 | |||||
| Net Cash Flow | -584.10M | 193.05M | 718.72M | 19.50M | 25.34M | 30.23M |
| Free Cash Flow | -32.94M | 17.43M | 29.27M | -45.41M | 12.07M | 98.30M |
| Free Cash Flow Margin | -8.89% | 4.13% | 5.41% | -7.83% | 2.06% | 18.57% |
| Free Cash Flow Per Share | -2.64 | 2.28 | 3.03 | |||
| Levered Free Cash Flow | 29.36M | 23.98M | -22.49M | 91.67M | -115.44M | 40.14M |
| Unlevered Free Cash Flow | 31.73M | 26.33M | -22.00M | 92.05M | -115.16M | 39.86M |
| Cash Interest Paid | 405.04K | 759.43K | 759.48K | 125.00K | 20.12K | 113.13K |
| Cash Income Tax Paid | 7.77K | 16.05K | 105.84K | 235.20K | 1.25M | 4.36M |
| Change in Working Capital | 8.91M | 11.14M | -58.59M | -9.45M | -2.03M | 17.14M |
Ratios
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 28.45M | 48.36M | 37.50M | 39.99M | 54.82M | 60.96M |
| Enterprise Value | -275.69M | -263.24M | -3.89M | 21.68M | 34.73M | 20.55M |
| Last Close Price | 2.57 | 4.42 | 112.80 | 5,472.01 | 7,500.01 | 60,480.06 |
| PE Ratio | 2.97 | 7.09 | 7.01 | |||
| PS Ratio | 0.52 | 0.80 | 0.51 | 0.49 | 0.65 | 0.73 |
| PB Ratio | 0.09 | 0.14 | 0.26 | 0.87 | 0.81 | 1.04 |
| P/TBV Ratio | 0.09 | 0.15 | 0.26 | 0.88 | 1.07 | 1.89 |
| P/FCF Ratio | 19.40 | 9.35 | 31.33 | 3.94 | ||
| P/OCF Ratio | 19.39 | 9.34 | 28.75 | 3.93 | ||
| EV/Sales Ratio | 0.27 | 0.41 | 0.25 | |||
| EV/EBITDA Ratio | 50.44 | 1.70 | ||||
| EV/EBIT Ratio | 1.94 | |||||
| EV/FCF Ratio | 19.84 | 1.33 | ||||
| Debt / Equity Ratio | 0.01 | 0.01 | 0.16 | 0.04 | 0.00 | 0.01 |
| Debt / EBITDA Ratio | 7.46 | 4.63 | 7.66 | 0.20 | 0.03 | |
| Debt / FCF Ratio | 1.76 | 5.66 | 0.10 | 0.02 | ||
| Net Debt / Equity Ratio | -0.99 | -0.99 | -0.96 | -0.99 | -0.64 | -0.72 |
| Net Debt / EBITDA Ratio | -669.47 | -421.38 | -49.83 | 2.45 | -62.43 | -3.52 |
| Net Debt / FCF Ratio | 62.73 | -134.01 | -34.85 | 7.09 | -24.56 | -2.75 |
| Asset Turnover | 0.16 | 0.23 | 0.65 | 1.27 | 1.15 | 1.05 |
| Inventory Turnover | 148.88 | 101.79 | ||||
| Quick Ratio | 16.33 | 22.08 | 5.86 | 4.22 | 9.50 | 2.09 |
| Current Ratio | 16.79 | 22.53 | 6.11 | 4.79 | 11.49 | 2.46 |
| Return on Equity (ROE) | -6.10% | 7.48% | 7.57% | -67.23% | -11.07% | 15.79% |
| Return on Assets (ROA) | 0.08% | 0.18% | 1.50% | -18.12% | -0.55% | 8.37% |
| Return on Invested Capital (ROIC) | -3.28% | 68.03% | ||||
| Return on Capital Employed (ROCE) | 0.10% | 0.20% | 1.90% | -40.70% | -1.00% | 17.70% |
| Earnings Yield | -66.83% | 33.67% | 14.11% | -94.58% | -12.39% | 14.27% |
| FCF Yield | -17.61% | 5.15% | 10.69% | -16.01% | 3.19% | 25.38% |
| Buyback Yield / Dilution | -13.27% | 20.75% |