Mobile Global Esports (MGAM)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.03 mm	2.03 mm	2.03 mm	2.03 mm	2.03 mm	2.03 mm
Cash burn (monthly)	245.38 k	337.60 k	165.61 k	515.93 k	224.63 k	304.67 k
Cash used (since last report)	1.43 mm	1.96 mm	963.26 k	3.00 mm	1.31 mm	1.77 mm
Cash remaining	606.25 k	69.83 k	1.07 mm	-967.40 k	726.91 k	261.37 k
Runway (months of cash)	2.5	0.2	6.5	-1.9	3.2	0.9

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

MGAM institutional ownership history Ownership history

0.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	1	+200.0%
Opened positions	3	1	+200.0%
Closed positions	1	6	-83.3%
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	10.96 mm	25.38 mm	-56.8%
Total shares	44.42 k	37.05 k	+19.9%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Two Sigma Investments	22.20 k	$10.95 mm	NEW
Virtu Financial	21.43 k	$11.00 k	NEW
RY Royal Bank of Canada	788.00	$0.00	NEW
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-37.05 k	EXIT
Two Sigma Investments	22.20 k	+22.20 k	NEW
Virtu Financial	21.43 k	+21.43 k	NEW
RY Royal Bank of Canada	788.00	+788.00	NEW
Proequities	0.00	0.00

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Press releases

From Benzinga Pro

Mogo Valorant Are Crowned Champions in the Valorant Challengers South Asia 2024 Split 3

15 Oct 24

WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / October 15, 2024 / Mobile Global Esports Inc. ("MOGO" or the "Company") (OTC PINK:MGAM), India's leading esports organization has etched it's name in

MOGO Esports Dominates Valorant Challengers South Asia: Split 3

3 Oct 24

WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / October 3, 2024 / Mobile Global Esports Inc. ("MOGO" or the "Company") (OTC PINK:MGAM), India's leading esports organization, is proud to announce its