Maagic Empire Global Ltd is a multinational company that operates in the technology and entertainment industries. The company was established in 2005 and has since grown to become one of the leading players in its field. The primary focus of Maagic Empire Global Ltd is to create innovative and cutting-edge products and services for its customers. The company's product portfolio includes a wide range of technological devices, such as smartphones, smartwatches, and tablets. Additionally, Maagic Empire Global Ltd also develops and publishes mobile applications and video games. One of the key factors that sets Maagic Empire Global Ltd apart from its competitors is its emphasis on user experience.
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31, 2021, the equity market in Hong Kong was ranked the seventh-largest stock market in the world, and the fourth-largest stock market in Asia, in terms of market capitalization, with a total market capitalization of approximately US 5,434. You should not rely on any advice and or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.
One of the key factors that sets Maagic Empire Global Ltd apart from its competitors is its emphasis on user experience. The company is committed to providing its customers with products and services that are intuitive, user-friendly, and enjoyable to use. This focus on user experience has helped Maagic Empire Global Ltd establish a loyal customer base and garner positive reviews.
Magic Empire Global NasdaqCM:MEGL Stock Report
Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong.
About the company
| Snowflake Score | |
|---|---|
| Valuation | 0 /6 |
| Future Growth | 0 /6 |
| Past Performance | 0 /6 |
| Financial Health | 6 /6 |
| Dividends | 0 /6 |
Rewards
Risk Analysis
See All Risk Checks
Magic Empire Global Limited Competitors
NasdaqCM:TCJH
US$16.8m
NasdaqCM:SWIN
US$30.1m
OTCPK:AAMT.F
US$6.1m
NasdaqCM:SIEB
US$66.1m
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.96 |
| 52 Week High | US$5.87 |
| 52 Week Low | US$0.89 |
| Beta | 0 |
| 1 Month Change | -22.58% |
| 3 Month Change | -39.24% |
| 1 Year Change | -67.57% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -99.01% |
Recent News & Updates
Magic Empire Global Limited Announces Special Interim Dividend, Payable on November 22, 2023
Oct 05Magic Empire Global Limited (NasdaqCM:MEGL) announces an Equity Buyback for $2 million worth of its shares.
Sep 14CEO & Director recently sold US$374k worth of stock
Jun 24Chairman of the Board notifies of intention to sell stock
Jun 06CEO & Director notifies of intention to sell stock
May 24Full year 2022 earnings released: HK$0.23 loss per share (vs HK$0.10 profit in FY 2021)
Apr 09 See more updatesRecent updates
Magic Empire Global Limited Announces Special Interim Dividend, Payable on November 22, 2023
Oct 05Magic Empire Global Limited (NasdaqCM:MEGL) announces an Equity Buyback for $2 million worth of its shares.
Sep 14CEO & Director recently sold US$374k worth of stock
Jun 24Chairman of the Board notifies of intention to sell stock
Jun 06CEO & Director notifies of intention to sell stock
May 24Full year 2022 earnings released: HK$0.23 loss per share (vs HK$0.10 profit in FY 2021)
Apr 09Investor sentiment deteriorates as stock falls 18%
Apr 05Investor sentiment deteriorated over the past week
Dec 23First half 2022 earnings released: EPS: HK$0.098 (vs HK$0.003 in 1H 2021)
Dec 10Insufficient new directors
Nov 16Magic Empire Global Limited: Lessons From The Ashes
Aug 11Magic Empire Global Limited has completed an IPO in the amount of $20 million.
Aug 06Magic Empire Global Limited opens at $50, after pricing IPO at $4
Aug 05Magic Empire Global Limited has completed an IPO in the amount of $20 million.
Aug 05Insufficient new directors
Aug 04Shareholder Returns
| MEGL | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -4.0% | -3.3% | -1.7% |
| 1Y | -67.6% | 7.5% | 14.3% |
Return vs Industry : MEGL underperformed the US Capital Markets industry which returned 7.9% over the past year.
Return vs Market : MEGL underperformed the US Market which returned 14.8% over the past year.
Price Volatility
| MEGL volatility | |
|---|---|
| MEGL Average Weekly Movement | 8.0% |
| Capital Markets Industry Average Movement | 1.5% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in US Market | 14.1% |
| 10% least volatile stocks in US Market | 2.7% |
Stable Share Price : MEGL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time : MEGL's weekly volatility has decreased from 50% to 8% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 9 | Johnson Chen | https://www.giraffecap.com |
Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, financial advisory, post-listing compliance advisory, and underwriting services to corporations. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.
Magic Empire Global Limited Fundamentals Summary
| MEGL fundamental statistics | |
|---|---|
| Market Cap | US$19.45m |
| Earnings ( TTM ) | -US$586.85k |
| Revenue ( TTM ) | US$1.18m |
16.5x
P/S Ratio-33.1x
P/E RatioIs MEGL overvalued?
Earnings & Revenue
| MEGL income statement ( TTM ) | |
|---|---|
| Revenue | HK$9.20m |
| Cost of Revenue | HK$2.36m |
| Gross Profit | HK$6.84m |
| Other Expenses | HK$11.43m |
| Earnings | -HK$4.59m |
Last Reported Earnings
Next Earnings Date
| Earnings per share (EPS) | -0.23 |
| Gross Margin | 74.38% |
| Net Profit Margin | -49.91% |
| Debt/Equity Ratio | 0% |
How did MEGL perform over the long term?
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Another notable aspect of Maagic Empire Global Ltd is its international presence. The company has offices and subsidiaries in different countries across the globe, including the United States, China, India, and Europe. This global presence allows Maagic Empire Global Ltd to access diverse markets and cater to the needs of customers from various backgrounds. In addition to its technological products, Maagic Empire Global Ltd also invests heavily in entertainment ventures. The company produces and distributes movies, music, and other forms of entertainment content. This diversification into the entertainment industry has helped Maagic Empire Global Ltd expand its revenue streams and increase its market reach. Despite its success, Maagic Empire Global Ltd faces numerous challenges in today's dynamic business environment. The rapid pace of technological advancements and changing consumer preferences necessitate continuous innovation and adaptation. To stay ahead of the competition, Maagic Empire Global Ltd must continue to invest in research and development and keep a close eye on emerging trends. Overall, Maagic Empire Global Ltd is a prominent player in the technology and entertainment industries. With its focus on innovation, user experience, and international presence, the company is well-positioned for continued growth and success in the future..
Reviews for "Maagic Empire Global Ltd: Bringing magic into the digital age."
- John Smith - 1 star - I had a terrible experience with Maagic empire global ltd. Their customer service was extremely poor and unresponsive. I had several inquiries about their products and it took weeks for them to get back to me, if they even did at all. The quality of their products was also very disappointing. I purchased a magic kit for my son and the props were flimsy and cheaply made. Overall, I would not recommend Maagic empire global ltd to anyone.
- Sarah Johnson - 2 stars - I was not impressed with Maagic empire global ltd. The shipping was delayed by over a month and there was no communication from the company regarding the delay. When I finally received the product, it was not what I expected. The description on their website was misleading and the product did not work as advertised. I tried reaching out to their customer service for a refund or a replacement, but they were unhelpful and uncooperative. I will not be purchasing from Maagic empire global ltd again.
- Michael Anderson - 2 stars - My experience with Maagic empire global ltd was less than satisfactory. The product I ordered arrived damaged and it was impossible to get a hold of their customer service to resolve the issue. The quality of the product was also subpar, especially considering the high price I paid for it. I would caution others to think twice before purchasing from Maagic empire global ltd, as their customer service and product quality leave much to be desired.
- Emily Thompson - 1 star - I had a very disappointing experience with Maagic empire global ltd. The product I ordered was not as described on their website and did not work properly. When I contacted their customer service to return the item, they were unresponsive and did not provide any assistance. I was unable to get a refund or exchange, and ended up wasting my money. I will not be purchasing from Maagic empire global ltd again and would advise others to do the same.