MicroAlgo Inc. MLGO

Q1 FY2023 · ended Mar 31, 2023 · Revenue $17.83M · Filed May 8, 2023

MicroAlgo Inc. (MLGO) files with the SEC under industry code 7371, Services-Computer Programming Services. In Q1 of fiscal 2023, the quarter ended Mar 31, 2023, it reported revenue of $17.8 million and a net loss of $1.3 million. Free cash flow was -$2.8 million. As of Dec 31, 2025 it held $336.8 million in cash and investments and $109,819 in total debt.

Revenue
$17.83M
Net income
$-1.26M
-242.4% vs year-ago quarter
Operating cash flow
$-2.76M
-704.8% vs year-ago quarter
Free cash flow
$-2.82M
EPS
—
Dividend per share
None
Shares outstanding
51.61M
+17.7% vs year-ago quarter
Net cash
$336.67M
Q4 FY2025
Operating margin
-7.9%
Q1 FY2023

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)

Other Services-Computer Programming Services companies

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

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
Revenue
$17.8M
—
—
—
—
Operating income
-$1.4M
—
—
—
—
Net income
-$1.3M
-$7.2M
$433,314
-$23,603
$888,357
Operating cash flow
-$2.8M
$2.3M
-$82,661
-$747,787
$456,596
Free cash flow
-$2.8M
—
—
—
—
Total assets
$75.6M
$72.1M
$48.2M
$47.3M
$46.8M
Total liabilities
$8.7M
$5.1M
$3.3M
$3.1M
$2.5M
Stockholders' equity
$66.7M
$66.8M
-$3.3M
-$3.0M
-$2.5M
Cash and investments
$21.0M
$42.7M
$18,238
$10,899
$28,668
Total debt
$219,632
$282,407
—
—
—

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Aug 28, 2026 Jun 30, 2026
6-K Current report (foreign issuer) Apr 1, 2026 Apr 1, 2026
20-F Annual report (foreign issuer) Apr 1, 2026 Dec 31, 2025
6-K Current report (foreign issuer) Oct 24, 2025 Oct 24, 2025
6-K Current report (foreign issuer) Oct 10, 2025 Oct 10, 2025
6-K Current report (foreign issuer) Sep 10, 2025 Jun 30, 2025

Source: SEC EDGAR filings. This is company-reported data, not investment advice.