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| Date | Value |
|---|---|
| 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 |