LGIQ Busienss Overview

LGIQ Busienss Overview

LGIQ started its operations on 4 November 2022 and the company head office is in NewYork, United States. The company is involved in digital marketing and lead generation solutions for its customers. 

The company business has two-part: one is digital marketing and the other is consumer marketplace. The company provides e-commerce solutions to Europe, Asia and America.

The company data management tools and funnels help you find the right business consumers. The company's target customers are small and medium-sized businesses. 

Brent Suen is the Chief Executive Officer and the John MacNeil is the Chief Operating Officer. Approximately more than 37 employees are working in LOGIQ. 

LGIQ Stock

LGIQ Stock is currently (13 June 2022) selling at 0.39 US Dollars. For the last five years, the stock price has been showing a decrease in the price. The stock was trading at 88.54 US dollars on 2 January 2018, and after this, the stock price for company shares is consistently dropping.

For the last three months, there has been no high share price volatility. 

Financial statements overview

The company's last earnings report was released in the 3rd Quarter, 30 September 2021. The main points of this report are:

1- There was an increase in revenue by 11% from the previous and the revenue figure was 7.8 million US dollars. 

2- 108% increase in the gross profit and figure was 2.3 million US dollars.

3- 13.7% increment in the gross margin calculated.

4- cash and cash equivalent were 5.3 million US dollars.

LGIQ revenues are growing by 14.1% each year in the USA Market. The company has 7.4$ million in assets, which is more than the value of short-term and long-term liabilities. The LGIQ has more cash than the total debt over the last five years, which means its debt-to-equity ratio is good.