MGO Global Releases Preliminary Second Quarter 2024 Results and Comments on Key Business Highlights
MGO Global Releases Preliminary Second Quarter 2024 Results and Comments on Key Business Highlights
MIAMI, FL AND LONDON, UK / ACCESSWIRE / July 16, 2024 / MGO Global Inc. (Nasdaq:MGOL), a digitally-native, lifestyle brand portfolio company ("MGO", "MGO Global" or the "Company"), today announced selected preliminary unaudited financial highlights for the first six months of 2024.
2024年7月16日,MGO Global Inc.(納斯達克:MGOL),一家數字原生的生活方式品牌組合公司(“MGO”,“MGO Global”或“公司”),宣佈了2024年上半年的部分初步未經審計的財務亮點。
When the Company files its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission ("SEC") on or before August 14, 2024, MGO expects to report that total revenues from the sale of MGO's Stand Flagpoles' line of products for the first six months of 2024 will climb double digits on a percentage basis, rising in the range of 12%-15% as compared to the first six months of 2023.
當公司在2024年8月14日或之前向美國證券交易委員會(“SEC”)提交其第10-Q表格季度報告時,MGO預計將發佈一份報告,該報告將顯示2024年上半年從銷售MGO的立式旗杆系列產品中獲得的總收入將以兩位數的百分比攀升,上升至12% -15%,與2023年上半年相比。
Maximiliano Ojeda, Co-Founder, Chairman and CEO of MGO, stated, "2024 is proving to be a very exciting, transformative year for MGO - and one in which our leadership team has remained dedicated to optimizing opportunities to create long-term, sustainable value for our fellow shareholders. The first half of the year has been an exceptionally busy period during which time we have successfully achieved numerous critical objectives.
MGO的聯合創始人,主席兼首席執行官Maximiliano Ojeda表示:“2024年正值MGO具有變革性的一年 - 在這一年中,我們的領導團隊一直致力於優化機會,爲我們的股東創造長期可持續價值。上半年是一個特別忙碌的時期,在這段時間內,我們成功實現了許多關鍵目標。”
"In June 2024, we entered into a strategic business combination agreement with Heidmar, Inc. ("Heidmar"), a global, asset-light tanker pool, commercial and technical management company incorporated under the laws of the Republic of the Marshall Islands and headquartered in Greece. We believe this transaction provides a compelling and potentially transformative opportunity for our fellow MGO shareholders. The fundamental strength of Heidmar's business plan, historical financial performance including net income of $19.6 million for fiscal year ended December 31, 2023, growth outlook and respected reputation in the global maritime industry, matched with the proven experience of Heidmar's leadership team, should serve as force multipliers for attaining potentially significant value creation for MGO's shareholders in the months and years to come."
“2024年6月,我們與Heidmar,Inc.(“Heidmar”),一家全球輕資產油輪池,商業和技術管理公司,在馬紹爾群島共和國法律下成立並總部位於希臘,簽署了一項戰略業務合併協議。我們認爲,這項交易爲我們的MGO股東提供了引人注目且具有潛在變革性的機會。 Heidmar的業務計劃,包括截至2023年12月31日的1960萬美金的淨收入,增長前景以及在全球海事行業中享有聲望的基本實力,再加上Heidmar領導團隊的經驗和實踐,應成爲在未來幾個月和幾年中爲MGO股東實現潛在重大價值創造的動力倍增器。”
"MGO is very proud of our efforts to establish Stand Flagpoles as a respected niche digital brand which has continued to deliver solid performance since we first launched the patriotic-themed brand in March of 2023. It serves as a great example of MGO's approach to brand building and the strength of our digital commerce platform.
“MGO爲我們努力建立立式旗杆作爲備受尊敬的利基數字品牌而感到非常自豪,自從我們於2023年3月首次推出這個愛國主題品牌以來,它一直保持着穩定的表現,這是我們品牌構建和數字商務平台的實力的巨大體現。”
"In March of this year, we assigned all of MGO's rights and obligations under our global license agreement with Leo Messi Management to Centric Brands LLC, a global leading lifestyle brand collective, in a transaction that resulted in Centric paying MGO $2,000,000 in cash and assuming the obligation to pay 1.5 million Euros in aggregate royalty payments to Leo Messi Management in accordance with the terms and conditions of the license agreement. We are incredibly proud of our team's diligent efforts over the past several years, as they were behind making the Messi Brand a reality and a valued asset in MGO's portfolio of brands. We believe that our decision to enter into the transaction with Centric was the right business decision for our Company and the brand, as Centric has the deep resources necessary to take the Messi Brand to the next level.
“今年3月,我們將MGO在Leo Messi Management全球許可協議下的所有權利和義務轉讓給了Centric Brands LLC,這是一個全球領先的生活方式品牌集體,在交易中Centric向MGO支付了200萬美元,並根據許可協議的條款和條件承擔支付150萬歐元的總版稅。多年來,我們的團隊一直努力工作,讓Messi品牌成爲現實併成爲MGO品牌組合中的有價值資產。我們相信,與Centric進行交易是我們公司和品牌的正確商業決策,因爲Centric擁有必要的深度資源,可以將Messi品牌提升到新的高度。”
Concluding, Ojeda added, "As we advance the business combination process with Heidmar towards our goal of closing in the second half of 2024, we look forward to what promises to be a very exciting future."
最後,Ojeda補充說:“隨着我們與Heidmar的業務合併進程朝着在2024年下半年完成的目標前進,我們期待一個非常令人興奮的未來。”
Interim consolidated financial statements as of, and for the quarter ended June 30, 2024, are not yet complete and are not available as of the date of this press release. The preliminary financial information presented above for the six month period ended June 30, 2024, remain preliminary, based upon information available as of the date of this press release and are subject to change and finalization based on completion of all quarter end close processes. Accordingly, undue reliance should not be placed on this unaudited preliminary financial information. Please also refer to "Cautionary Note Regarding Forward-Looking Statements" below.
2024年6月30日季度截止日期的中期合併財務報表尚未完成,且於本新聞發佈日期不可用。上述未經審計的財務信息僅爲初步,基於本新聞發佈日期可用的信息,將根據所有季末結賬過程完成的情況進行更改和定稿。因此,不應過於依賴此未經審計的初步財務信息。請參閱下面的“有關前瞻性聲明的注意事項”。
For more detailed information on the proposed business combination with Heidmar, please refer to the Current Report on Form 8-K filed with the SEC on June 20, 2024 and accessible at www.sec.gov or on MGO's investor relations web page found at .
有關與Heidmar的擬議業務合併的更詳細信息,請參閱2024年6月20日提交給SEC的8-k表格的當前報告,該報告可在www.sec.gov上或在MGO的投資者關係網頁上找到。
About MGO Global Inc.
關於MGO Global Inc。
MGO Global Inc. is actively engaged in building a portfolio of independent, digitally native, lifestyle brands, which are unique and differentiated, yet all defined by distinctive, high-quality products and a shared commitment to delivering high-touch customer experiences across its ecommerce and wholesale channels. MGO is currently comprised of two business units: Americana Liberty, which markets a growing, high-end line of thoughtfully curated home and outdoor products, including Stand Flagpoles; and MGO Digital, which leverages data analytics, advanced technology-enabled marketing and our leadership's industry relationships and expertise to identify, incubate and introduce to market new, authentic lifestyle brand concepts.
MGO Global Inc.目前致力於構建一組獨立的數字原生生活方式品牌組合,這些品牌獨特而有差異化,同時都採用標誌性高質量產品和致力於在其電子商務和批發渠道交付高度貼心的客戶體驗的共同理念。MGO目前由兩個業務單元組成:Americana Liberty,營銷一系列不斷髮展的高端精選家居和戶外產品,包括標誌性國旗杆;而MGO Digital,利用數據分析、先進的技術和行業關係和經驗,確定,孵化和推出市場上新的,真實的生活方式品牌概念。
For more information on MGO, please visit .
有關MGO的更多信息,請訪問以下網站。
Cautionary Note Regarding Forward-Looking Statements
關於前瞻性聲明的謹慎說明
This press release may contain forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to complete the proposed business combination with Heidmar, Inc., grow its businesses and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to achieve profitable operations, customer acceptance of new products, and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company's products and the Company's customers' economic condition, the impact of competitive products and pricing, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
本新聞發佈可能包含面臨各種風險和不確定性的前瞻性聲明。這類聲明包括與公司能否完成與Heidmar,Inc.的擬議業務合併,發展其業務以及其他講話標題爲公司的能力以及其他語言不符合歷史事實的陳述,包括可能附有“意願”,“可能,”“將”,“計劃”,“期望,”“預期,”“項目”“預測,”“估計,”“目標,”“相信,”“希望”,“潛力”或類似的表述。由於特定因素,這些前瞻性聲明可能與描述它們的不同。這些因素包括但不限於:公司能否實現盈利運營,顧客接收新產品以及各國政府在公司擁有供應鏈合作伙伴的國家採取的未來措施,公司產品的需求和公司客戶的經濟狀況,競爭產品和價格的影響,普遍的經濟狀況以及其他風險因素,詳見公司在美國證券交易委員會的備案。本新聞發佈中包含的前瞻性聲明是根據本新聞發佈當日的情況做出的。除依據適用法律而進行的更新外,公司不承擔更新本新聞發佈中的前瞻性聲明的任何責任。
CONTACT INFORMATION:
聯繫方式:
MGO Global Inc.
Dodi Handy, Director of Communications
Telephone: 407-960-4636
Email: ir@mgoteam.com
MGO Global Inc.
Dodi Handy,通信董事
電話:407-960-4636
電子郵件:ir@mgoteam.com
SOURCE: MGO Global
來源: MGO Global
譯文內容由第三人軟體翻譯。