IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — MLGO

August 28, 2026View Source ↗

MicroAlgo Inc. filed its Unaudited Interim Financial Report for the six months ended June 30, 2026. The company reported a net loss of RMB 229.2 million (USD 33.6 million), compared to a net income of RMB 31.7 million in the prior year period. Total revenues declined 27.3% to RMB 136.7 million (USD 20.1 million) due to decreased demand for internet advertising services. A significant factor was an investment loss of RMB 231.5 million (USD 34.0 million), reversing a RMB 25.6 million gain in the previous year. Cash and cash equivalents stood at RMB 1,229.3 million (USD 180.5 million). The company operates in the technology industry, providing central processing algorithm services for internet multimedia video advertising.