LEGO
LEGO
Legato Merger Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2021 | $0 | $375.29K | $-1.24M | 0% | $-0.04 | $-1.24M |
What's going well?
There are no unusual charges or interest expenses, so the loss reflects the true operating performance. The share count is stable, so existing shareholders are not being diluted.
What's concerning?
LEGO generated no revenue but still had high operating expenses, leading to a large loss. With no sales and ongoing costs, the company’s financial health looks very weak.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2021 | $240.25K | $236.14M | $1.27M | $234.87M |
What's financially strong about this company?
LEGO has no debt, almost no liabilities, and a huge cushion of assets compared to what it owes. The company is fully funded by shareholders and has no exposure to risky loans or big bills coming due.
What are the financial risks or weaknesses?
Most of LEGO's assets are listed as 'other current assets,' with little detail, and retained earnings are negative, hinting at past losses. There's also no information about inventory or receivables, which is unusual for a company of this type.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2021 | $-1.24M | $-247.24K | $0 | $0 | $-247.24K | $-247.24K |
What's strong about this company's cash flow?
Non-cash losses make up most of the reported loss, so actual cash burn is lower than it looks on paper. No debt or dilution this quarter.
What are the cash flow concerns?
The company is burning through cash quickly, with only enough left for about one more quarter at this rate. No new funding sources are coming in, and no cash is being generated from operations.
About Legato Merger Corp.
http://legatomerger.comLegato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2021 | $0 | $375.29K | $-1.24M | 0% | $-0.04 | $-1.24M |
What's going well?
There are no unusual charges or interest expenses, so the loss reflects the true operating performance. The share count is stable, so existing shareholders are not being diluted.
What's concerning?
LEGO generated no revenue but still had high operating expenses, leading to a large loss. With no sales and ongoing costs, the company’s financial health looks very weak.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2021 | $240.25K | $236.14M | $1.27M | $234.87M |
What's financially strong about this company?
LEGO has no debt, almost no liabilities, and a huge cushion of assets compared to what it owes. The company is fully funded by shareholders and has no exposure to risky loans or big bills coming due.
What are the financial risks or weaknesses?
Most of LEGO's assets are listed as 'other current assets,' with little detail, and retained earnings are negative, hinting at past losses. There's also no information about inventory or receivables, which is unusual for a company of this type.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2021 | $-1.24M | $-247.24K | $0 | $0 | $-247.24K | $-247.24K |
What's strong about this company's cash flow?
Non-cash losses make up most of the reported loss, so actual cash burn is lower than it looks on paper. No debt or dilution this quarter.
What are the cash flow concerns?
The company is burning through cash quickly, with only enough left for about one more quarter at this rate. No new funding sources are coming in, and no cash is being generated from operations.
CEO
Gregory Rush Monahan