Magic Empire Global (MEGL) Long-Term Investments (2022 - 2024)

Magic Empire Global (MEGL) posted quarterly Long-Term Investments of $1.1 million for Q4 2024, down 77.89% year-over-year from $4.9 million in Q1 2024, and down 77.91% quarter-over-quarter from $4.9 million in Q2 2024.

Magic Empire Global (MEGL) Long-Term Investments (2022 - 2024) Analysis & Trends

Magic Empire Global (MEGL) has reported Long-Term Investments for 3 consecutive years, with $1.1 million the latest figure, recorded in Q4 2024.

  • In Q4 2024, Long-Term Investments fell 77.89% year-over-year to $1.1 million; the TTM figure through Dec 2024 stood at $1.1 million (down 77.89% YoY), while the FY2024 annual figure was $1.1 million, down 78.01% from the prior year.
  • Long-Term Investments fell to $1.1 million in Q4 2024 per MEGL's latest filing, from $4.9 million in the prior quarter.
  • Across five years, Long-Term Investments topped out at $4.9 million in Q2 2024 and bottomed at $253000.0 in Q2 2023.
  • Historically, Long-Term Investments has averaged $2.6 million across 3 years, with a median of $1.9 million in 2022.
  • On a YoY basis, Long-Term Investments climbed as much as 1856.35% in 2024 and fell as far as 77.89% in 2024.
  • Magic Empire Global's Long-Term Investments stood at $1.9 million in 2022, then soared by 166.83% to $4.9 million in 2023, then tumbled by 77.89% to $1.1 million in 2024.
  • Business Quant data shows MEGL's Long-Term Investments at $1.1 million in Q4 2024, $4.9 million in Q2 2024, and $4.9 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - 255.63 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 79.10 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn -
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 192.00 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - 31,902.00
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Magic Empire Global 4.88 Mn 4.88 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 1.09 Mn
Jun 30, 2024 4.95 Mn
Dec 31, 2023 4.95 Mn
Jun 30, 2023 253,000.00
Dec 31, 2022 1.85 Mn