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MGOL (MGO Global) Degree of Operating Leverage : 2.34 (As of Sep. 2024)


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What is MGO Global Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. MGO Global's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was 2.34. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for MGO Global's Degree of Operating Leverage or its related term are showing as below:

MGOL's Degree of Operating Leverage is not ranked
in the Media - Diversified industry.
Industry Median: 1.21 vs MGOL: 2.34

MGO Global Degree of Operating Leverage Historical Data

The historical data trend for MGO Global's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGO Global Degree of Operating Leverage Chart

MGO Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
- - - 0.38

MGO Global Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.38 0.37 1.89 2.34

Competitive Comparison of MGO Global's Degree of Operating Leverage

For the Advertising Agencies subindustry, MGO Global's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGO Global's Degree of Operating Leverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MGO Global's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where MGO Global's Degree of Operating Leverage falls into.


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MGO Global Degree of Operating Leverage Calculation

MGO Global's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -9.419 (Sep. 2024) / -4.489 (Sep. 2023) - 1 )/( 5.197 (Sep. 2024) / 3.535 (Sep. 2023) - 1 )
=1.0982/0.4702
=2.34***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


MGO Global  (NAS:MGOL) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


MGO Global Degree of Operating Leverage Related Terms

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MGO Global Business Description

Traded in Other Exchanges
N/A
Address
1515 SE 17th Street,, Suite 121/ No 460596, Fort Lauderdale, FL, USA, 33346
MGO Global Inc has built a brand acceleration platform with a focus on the acquisition, optimization and monetization of consumer brands across multiple categories. Its mission is to provide customers with unmatched variety, quality and shopping experience. The Company has three reportable segments: 1) The Messi Store, which sells a range of products under The Messi Brand; 2) Stand Flagpoles, which sells a range of residential flagpoles and related products direct to consumers; and 3) Corporate, which generates no revenue, but reflects corporate expenses related primarily to being a public company.
Executives
Nicole M. Fernandez-mcgovern director C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Paul Wahlgren director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Obie Mckenzie director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Salima Popatia director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Vincent Ottomanelli officer: CHIEF FINANCIAL OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Martin P Scott officer: CHIEF FINANCIAL OFFICER SIMPLEPONS, INC., C/O 220 CONGRESS PARK DRIVE, SUITE 304, DELRAY BEACH FL 33445
Maximiliano Ojeda director, officer: CHIEF EXECUTIVE OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Virginia Hilfiger director, officer: CHIEF DESIGN OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Julian Groves director, officer: CHIEF OPERATING OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Matthew Harward officer: CHIEF MARKETING OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346