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| 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 |