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MAGH

Magnitude International Ltd Ordinary Shares

MAGH

Magnitude International Ltd Ordinary Shares • NASDAQ
$5.21 ▼ -0.57% (-0.03)
Market Cap $174.50 M
52w High $5.49
52w Low $0.99
Dividend Yield 0%
P/E 173.67
Volume 97.83K
Outstanding Shares 33.49M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $759.891K ▼ $8.506M ▼ $7.907M ▲ $599.545K ▼
Q2-2024 $8.037M ▲ $13.548M ▲ $5.955M ▼ $7.593M ▲
Q4-2023 $1.868M $8.191M $6.241M $1.95M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow

Five-Year Company Overview

Income Statement

Income Statement MAGH’s income statement is very light and looks more like that of a small or early‑stage entity than a mature engineering contractor. Reported revenue is minimal and appears flat over the last few years, with no clear sign of strong growth. Profit metrics are essentially hovering around break‑even, with earnings moving around a low base rather than building a consistent upward trend. Overall, the business doesn’t yet show the kind of scale, margin strength, or growth profile you’d expect from a larger established engineering and construction company. It looks more like a platform waiting to be scaled, or a vehicle that has not yet fully deployed its operating model.

Balance Sheet

Balance Sheet The balance sheet is extremely small and simple, with limited assets and no visible debt. This suggests a very lean structure, but it also means there is not much in the way of hard assets, working capital, or financial buffers. Equity is present but also modest, reinforcing the picture of a tiny capital base. In practice, this looks more like a shell or micro‑scale entity than a capital‑intensive engineering firm with equipment, inventory, and large project balances. That keeps financial risk from leverage low, but also points to constrained resources to support big projects or weather setbacks.

Cash Flow

Cash Flow Cash flow figures are essentially flat, with no meaningful operating, investing, or free cash flow trends yet. This usually indicates that the company has not begun generating steady cash from operations, nor is it visibly investing heavily in equipment or growth initiatives. The absence of clear cash inflows and outflows makes it hard to judge the quality or durability of the business model. From a cash perspective, MAGH currently looks more like a dormant or pre‑scale entity than an actively expanding engineering contractor with recurring project cash cycles.

Competitive Edge

Competitive Edge MAGH operates in a crowded, fragmented electrical engineering and construction market, especially in Singapore. Its main strengths are experience, a decade‑plus operating history, and an experienced technical team that can handle a full range of electrical installation work. The company positions itself as a one‑stop provider across standard electrical works, upgrades, solar, and EV charging. However, these offerings are fairly standard in the industry, and there is no clear, distinctive edge in technology, brand, or cost. Competition from both local players and larger regional firms appears intense, which likely puts pressure on pricing and margins. Overall, the firm seems to compete more on reliability and service breadth than on any strong or defensible moat.

Innovation and R&D

Innovation and R&D MAGH looks more like a fast follower than a technological leader. It offers modern solutions such as solar installations and EV chargers, and works on security and telecom systems, but there is no evidence of proprietary technology, patents, or dedicated R&D programs. Public disclosures do not outline a clear innovation roadmap or ongoing development of new capabilities. In a sector being reshaped by digitalization, smart infrastructure, and automation, this absence of a visible R&D or innovation strategy could be a weakness over time. The business appears to be keeping up with current market requirements rather than pushing the frontier or shaping the next wave of solutions.

Summary

Taken together, MAGH currently looks like a very small, lightly capitalized engineering services entity with minimal revenue, flat earnings, and no visible cash flow momentum. Its financial profile resembles that of a company that has not yet scaled meaningfully, rather than a mature engineering contractor with a deep project pipeline. Competitively, it relies on experience and a broad, one‑stop service offering in a tough, fragmented market, but lacks obvious technological or structural advantages. Innovation appears to be more about adopting existing industry trends than creating new ones, and there is no clear R&D agenda disclosed. Future performance will likely hinge on whether MAGH can translate its experience and service breadth into real scale, stronger margins, and a clearer differentiation strategy in a highly competitive environment.