MicroAlgo (MLGO) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
MicroAlgo Inc.’s unaudited interim condensed consolidated balance sheets reveal a significant increase in total assets from RMB 410,520,259 (approximately USD 107,591,938) on December 31, 2023, to RMB 766,786,239 by June 30, 2024. The company’s total liabilities also rose from RMB 85,315,757 to RMB 215,613,714 in the same period, reflecting new convertible notes payable. Shareholders’ equity increased, indicating a stronger financial position for MicroAlgo Inc.
For further insights into MLGO stock, check out TipRanks’ Stock Analysis page.
