# MicroAlgo Inc. (MLGO)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $228M  
**Price:** $5.21 (+6.11%)

> MicroAlgo Inc. is a Cayman Islands exempted company that develops and applies bespoke central processing algorithms, integrating them with software, hardware, or both to deliver comprehensive solutions. Its primary services encompass algorithm optimization, accelerating computing power without hardware upgrades, lightweight data processing, and data intelligence services, aimed at enhancing efficiency, reducing power consumption, and meeting technical objectives for customers. The company operates through two key segments: Central Processing Algorithm Services, which include computing, analytical, recommendation, and acceleration algorithms, and Intelligent Chips and Services, involving the resale of intelligent chips and related accessories. MicroAlgo Inc. serves customers in the internet advertisement, gaming, and intelligent chip industries, including advertisement agencies, game developers, electronics manufacturers, and chip designers. It provides solutions such as advertising display, mobile game publishing, software development, and semiconductor-focused intelligent chips. Headquartered in Shenzhen, People’s Republic of China, MicroAlgo Inc. focuses its operations primarily in China, Hong Kong, and internationally.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2022 | $87M | $19M | -$8M | -$7M | — |
| 2021 | $82M | $33M | $8M | $9M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2022 | $72M | $5M | $67M | $43M | — |
| 2021 | $82M | $23M | $58M | $43M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2022 | $2M | $160,923 | $2M |
| 2021 | $15M | $36,010 | $15M |
| 2020 | -$77,815 | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/MLGO)