MEGL

MKT CAP:$10M

Magic Empire Global Limited

Market Cap

$10M

Financial Services·Financial - Capital Markets·🇭🇰 Hong Kong·NASDAQ

Financials·Financial·🇭🇰·NASDAQ

Stock Price

$1.16-$0.03 (-2.52%)

Apr 22, 2026

Company Details

Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated i...

CEO

Sze Chen

IPO Date

Aug 5, 2022

Website

www.giraffecap.com

Key Metrics TTM

Revenue

$3M

-1.6% YoY

Net Income

-$9M

EPS (Diluted)

-$0.34

Free Cash Flow

$0

Revenue / Share

$0.61

Gross Margin

-13.8%

Operating Margin

-91.5%

Net Margin

-286.0%

FCF Margin

0.0%

P/S

3.1x

P/E

—

Earnings Reports

FY 2025

Apr 10, 2026

$1M-10.0%EPS -$0.21

Q4 2025

Apr 10, 2026

$822.8K+27.3%EPS -$0.10

Q2 2025

Jun 29, 2025

$656.0K-33.4%EPS -$0.12

FY 2024

Apr 14, 2025

$2M-7.3%EPS -$0.12

Q4 2024

Apr 14, 2025

$646.5K-34.3%EPS -$0.14

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 20	$2M	$2M	$631.7K
Q4 20	$1M	$1M	-$163.3K
Q2 21	$934.6K	$538.5K	$11.3K
Q4 21	$1M	$538.5K	$199.1K
Q2 22	$1M	$1M	$203.3K
Q4 22	$398.0K	$398.0K	-$807.8K
Q2 23	$776.4K	$776.4K	-$146.7K
Q4 23	$984.4K	$984.4K	-$212.4K
Q2 24	$985.6K	$985.6K	-$192.1K
Q4 24	$646.5K	-$1M	-$1M
Q2 25	$656.0K	$0	-$826.1K
Q4 25	$822.8K	$0	-$715.4K

Valuation

Quarter	P/S	P/E
Q2 20	—	—
Q4 20	—	—
Q2 21	—	—
Q4 21	1867.0x	11958.2x
Q2 22	2127.6x	23307.3x
Q4 22	49.4x	—
Q2 23	40.9x	—
Q4 23	6.9x	—
Q2 24	3.5x	—
Q4 24	3.3x	—
Q2 25	2.4x	—
Q4 25	1.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 20	-$196.1K	-$196.1K
Q4 20	-$313.0K	-$313.0K
Q2 21	-$297.4K	-$297.4K
Q4 21	$384.0K	$384.0K
Q2 22	$0	$0
Q4 22	$0	$0
Q2 23	$0	$0
Q4 23	$0	$0
Q2 24	$0	$0
Q4 24	$0	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-36.6%	-15.8%
Q4 22	-60.2%	+3.6%
Q2 23	-16.9%	-0.0%
Q4 23	-18.6%	+18.5%
Q2 24	-1.6%	+47.4%
Q4 24	+62.5%	+46.0%
Q2 25	-15.5%	+60.6%
Q4 25	-16.4%	+28.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 20	$0	0.0%
Q4 20	$0	0.0%
Q2 21	$0	0.0%
Q4 21	$0	0.0%
Q2 22	$0	0.0%
Q4 22	$0	0.0%
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 20	$43.0K	$629.5K	—
Q4 20	$110.6K	$711.3K	—
Q2 21	$20.7K	$636.3K	—
Q4 21	$278.7K	$483.5K	—
Q4 22	$381.6K	$1M	—
Q4 23	$317.6K	$1M	—
Q4 24	$608.7K	—	—
Q2 25	—	—	$1M
Q4 25	—	—	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 19	$2M	$0	$2M
Q4 20	$1M	$0	$1M
Q2 21	$555.4K	$0	$555.4K
Q4 21	$1M	$0	$1M
Q2 22	$813.3K	$0	$813.3K
Q4 22	$16M	$0	$16M
Q2 23	$12M	$0	$12M
Q4 23	$12M	$0	$12M
Q2 24	$12M	$0	$12M
Q4 24	$16M	$0	$16M
Q2 25	$16M	$0	$16M
Q4 25	$16M	$0	$16M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 20	15M	—	—
Q4 20	15M	0.0%	—
Q2 21	15M	0.0%	—
Q4 21	15M	0.0%	—
Q2 22	15M	0.0%	0.0%
Q4 22	19M	+27.7%	+27.7%
Q2 23	20M	+5.8%	+35.0%
Q4 23	20M	0.0%	+35.0%
Q2 24	5M	-75.0%	-66.2%
Q4 24	5M	0.0%	-73.6%
Q2 25	5M	+0.0%	-75.0%
Q4 25	5M	0.0%	-75.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 20	—	—
Q4 20	—	—
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	$44.2K	9
Q2 23	$86.3K	9
Q4 23	$123.1K	8
Q2 24	$123.2K	8
Q4 24	$80.8K	8
Q2 25	$82.0K	8
Q4 25	$117.5K	7

Revenue / Employee