In Q1 of fiscal 2023, the quarter ended Mar 31, 2023, MicroAlgo Inc. used $2.8 million of cash from operations, down 704.8% from the same quarter a year earlier. It spent $54,464 on capital expenditures. Free cash flow was negative, at -$2.8 million.
USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the same quarter a year earlier.
| Line |
Q1 FY2023
Mar 31, 2023
|
Q4 FY2022
Dec 31, 2022
|
Q3 FY2022
Sep 30, 2022
|
Q2 FY2022
Jun 30, 2022
|
Q1 FY2022
Mar 31, 2022
|
Q4 FY2021
Dec 31, 2021
|
Q3 FY2021
Sep 30, 2021
|
Q2 FY2021
Jun 30, 2021
|
|---|---|---|---|---|---|---|---|---|
| Operating | ||||||||
| Depreciation and amortization |
0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Operating cash flow |
-3
-704.8%
|
2
-85.4%
|
-0
+68.3%
|
-1
-325.7%
|
0
+330.0%
|
16
|
-0
|
-0
|
| Investing | ||||||||
| Capital expenditures |
0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Investing cash flow |
-0
+99.4%
|
4
-89.6%
|
45
+197.0%
|
—
|
—
|
40
|
-46
|
-0
|
| Financing | ||||||||
| Financing cash flow |
-20
-255.7%
|
-4
+91.8%
|
1
+532.3%
|
6
+627845.1%
|
-6
-111.8%
|
-51
|
0
|
0
|
| Change in cash | ||||||||
| Effect of exchange rate |
1
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Net change in cash |
-22
|
—
|
—
|
—
|
—
|
—
|
—
|
-0
|
| Free cash flow |
-3
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Ratios | ||||||||
| Free cash flow margin |
-15.79%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Capital expenditures to revenue |
0.31%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Cash conversion |
—
|
—
|
-0.19x
|
—
|
0.51x
|
1.73x
|
—
|
—
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.
Company profile
- Industry
- Services-Computer Programming Services (SIC 7371)
- Listed as
- MLGO (Nasdaq), VENAF (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- New York, NY
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1800392
- Former names
- Venus Acquisition Corp (until Dec 12, 2022)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.