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% YoY from $4.9 million in Q1 2024, and down 77.91% sequentially from $4.9 million in Q2 2024.

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

Magic Empire Global has disclosed Long-Term Investments across 3 years of filings, most recently posting $1.1 million for 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 declined to $1.1 million in Q4 2024, from $4.9 million in the prior quarter.
  • Over the last five years, Long-Term Investments for MEGL reached as high as $4.9 million in Q2 2024 and fell as low as $253000.0 in Q2 2023.
  • The 3-year median for Long-Term Investments is $1.9 million (2022), against an average of $2.6 million.
  • The widest YoY moves for Long-Term Investments: up 1856.35% in 2024, down 77.89% in 2024.
  • A 3-year view of Long-Term Investments shows it stood at $1.9 million in 2022, then surged by 166.83% to $4.9 million in 2023, then plunged by 77.89% to $1.1 million in 2024.
  • According to Business Quant data, Long-Term Investments over the past three periods registered $1.1 million, $4.9 million, and $4.9 million for Q4 2024, Q2 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - 25.73 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 78.39 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 296.16 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 100.10 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 192.00 Mn
10 Magic Empire Global 6.79 Mn 6.79 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