GOGAF (GoGo AI Network) Beneish M-Score: 0.00 (As of Jun. 24, 2026)


GOGAF GoGo AI Network Inc GOGAF
31 GF Score
Price $0.14
! 1 Warning Sign
View Full Analysis

What is GoGo AI Network Beneish M-Score?

GoGo AI Network GOGAF -10.00% 31 Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus rates GOGAF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 955 Asset Management companies, GoGo AI Network ranks worse than 104711.94% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

The historical rank and industry rank for GoGo AI Network's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of GoGo AI Network was 0.00. The lowest was 0.00. And the median was 0.00.


GoGo AI Network Beneish M-Score Historical Data

* Premium members only.

The historical data trend for GoGo AI Network's Beneish M-Score 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.

GoGo AI Network Beneish M-Score Chart

GoGo AI Network Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GoGo AI Network Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GOGAF vs BLK, BX, KKR: Beneish M-Score Comparison

For the Asset Management subindustry, GoGo AI Network's Beneish M-Score, along with its competitors' market caps and Beneish M-Score 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.


GoGo AI Network Beneish M-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GoGo AI Network's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where GoGo AI Network's Beneish M-Score falls into.


GOGAF
31GF Score
GoGo AI Network Inc GOGAF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoGo AI Network Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of GoGo AI Network for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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.

This Year (Nov25) TTM:Last Year (Nov24) TTM:
Total Receivables was $0.05 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Current Assets was $0.53 Mil.
Total Assets was $2.08 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.32 Mil.
Total Current Liabilities was $0.26 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -0.143 + 0.252 + -0.353 + 3.684 = $3.44 Mil.
Non Operating Income was 0.042 + 0.299 + -0.298 + 3.822 = $3.87 Mil.
Cash Flow from Operations was -0.042 + -0.089 + -0.039 + -0.097 = $-0.27 Mil.
Total Receivables was $0.03 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Current Assets was $0.45 Mil.
Total Assets was $1.22 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $1.16 Mil.
Total Current Liabilities was $0.25 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(0.052 / 0) / (0.026 / 0)
= /
=

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(0 / 0) / (0 / 0)
= /
=

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (0.533 + 0) / 2.083) / (1 - (0.45 + 0) / 1.217)
=0.744119 / 0.630238
=

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=0 / 0
=

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(0 / (0 + 0)) / (0 / (0 + 0))
= /
=

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(0.32 / 0) / (1.16 / 0)
= /
=

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0 + 0.255) / 2.083) / ((0 + 0.253) / 1.217)
=0.12242 / 0.207888
=

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(3.44 - 3.865 - -0.267) / 2.083
=-0.075852

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
GoGo AI Network (GOGAF) has a Beneish M-Score of 0.00 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GoGo AI Network and its competitors. According to the industry distribution chart, GoGo AI Network ranks #999999 out of 955 companies in the Asset Management industry.
Is GoGo AI Network's Beneish M-Score too high?
GoGo AI Network's current Beneish M-Score is 0.00. Based on the distribution chart, GoGo AI Network ranks #999999 out of 955 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, GoGo AI Network has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does GoGo AI Network's Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, GoGo AI Network ranks #999999 out of 955 companies for Beneish M-Score. This places GoGo AI Network in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for an Asset Management company?
A good Beneish M-Score depends on the Asset Management industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GoGo AI Network and its competitors. GoGo AI Network's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGo AI Network stock overvalued right now?
GoGo AI Network (GOGAF) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. GoGo AI Network's overall GF Score™ is 31/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For GoGo AI Network (GOGAF), the current Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GoGo AI Network Business Description

Other Exchanges 4E9:GermanyGOGO:Canada
Address 409 Granville Street, Suite 1600, Vancouver, BC, CAN, V6C 1T2
GoGo AI Network Inc is a capital allocator focused on investing in diversified industries, including technology, health care and artificial intelligence.
31GF Score

Get the complete analysis for GOGAF

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.14
Price