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Microalgo Inc (MLGO)

Microalgo Inc (MLGO)
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MicroAlgo Inc. is dedicated to the development and application of bespoke central processing algorithms. It provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption and achieve technical goals. MicroAlgo Inc., formerly known as Venus Acquisition Corporation, is based in NEW YORK.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2023
Sales 20,240 17,830 87,130 0 0
Sales Growth +13.52% -79.54% unch unch unch
Net Income -4,800 -1,260 -7,200 430 -20
Net Income Growth -280.95% +82.50% -1,774.41% +2,250.11% +88.24%
(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2023
Total Assets 330,810 176,280 107,590 57,960 71,820
Total Assets Growth +87.66% +63.84% +85.63% -19.30% -5.05%
Total Liabilities 10,050 28,880 30,250 12,050 11,860
Total Liabilities Growth -65.20% -4.53% +151.04% +1.60% +36.01%
(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2023
Operating Cash Flow 4,350 4,080 -710 -6,410 -6,590
Operating Cash Flow Growth +6.62% +674.65% +88.92% +2.73% -138.77%
Net Cash Flow 108,600 99,980 16,310 2,750 -23,560
Change in Net Cash Flow +8.62% +513.00% +493.09% +111.67% -8.37%
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