olivLaw · US equity research
MicroAlgo Inc. MLGO
Services-Computer Programming Services · SIC 7371 · Vertical: Services-Computer Programming Services (SIC 7371)
MicroAlgo Inc. develops and applies bespoke central processing algorithms, integrated with software or hardware, mainly for internet advertising. The company has entered a period of falling revenue while still reporting net profit, which makes its dependence on one segment and a small customer base worth examining. Total revenue in fiscal 2025 was 422.0 million RMB, and the annual decline exceeded 22%.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, MicroAlgo Inc. (MLGO) stock was 2.63 USD (+3.14% on the day), with market capitalisation 135.7 m USD, P/E 1.2 on diluted EPS of 2.12 USD over the last 12 months, beta 0.62, 52-week range 2.47–9.11 USD. Latest reported quarter (Q1 2023): revenue of 17.8 m USD (−23.7% YoY), net income of -1.3 m USD (−242.4% YoY).
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 40.5
- weak (30–45)
- Bollinger (20, 2)
- 2.35 – 2.99
- in the lower half of the band · %B 0.43 · band width 24.0%
- SMA 50 / 200
- 3.20 / 3.96
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.18 / -0.21
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −17.3% | −1.1% | −16.2 pp | — |
| 3 months | −34.7% | −0.5% | −34.3 pp | — |
| 6 months | −37.5% | +4.4% | −41.9 pp | — |
| Year to date | −40.5% | +12.3% | −52.8 pp | — |
| 1 year | −70.3% | +13.5% | −83.9 pp | −39.9% |
| 3 years | −100.0% | +76.4% | −176.4 pp | −39.6% |
| 5 years | −100.0% | +63.7% | −163.7 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q1 2023 · 31 Mar 2023
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | 23.4 m | — | — | — | 17.8 m |
| Cost of revenue | — | — | — | 18.0 m | — | — | — | 12.9 m |
| Gross profit | -218.1 k | -333.6 k | 33.8 m | 5.4 m | -23.6 k | 433.3 k | 18.7 m | 5.0 m |
| Research & development | — | — | — | 3.2 m | — | — | — | 5.2 m |
| SG&A | — | — | — | 809.2 k | — | — | — | 1.0 m |
| Operating income | — | — | — | 1.2 m | — | — | — | -1.4 m |
| Depreciation & amortisation | — | — | — | 343.4 k | — | — | — | 107.2 k |
| Pre-tax income | -218.1 k | -333.6 k | 9.2 m | 899.8 k | -23.6 k | 433.3 k | -7.7 m | -1.3 m |
| Income tax | — | — | — | 11.5 k | — | — | — | 5.2 k |
| Net income | -218.1 k | -333.6 k | 9.2 m | 888.4 k | -23.6 k | 433.3 k | -7.2 m | -1.3 m |
| Operating cash flow | -175.6 k ≈ | -260.4 k ≈ | 15.9 m | 456.6 k | -747.8 k ≈ | -82.7 k ≈ | 2.3 m | -2.8 m |
| Capex | — | — | — | 185.7 k | — | — | — | 54.5 k |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 0 percentile of its own 2-quarter history (min 2.1, median 101.8, max 201.4; quarters with earnings only).
Fiscal years
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | unavailable | 82.0 m | 87.1 m | 81.9 m | 75.3 m | 60.0 m |
| Revenue YoY | unavailable | unavailable | +6.2% | −6.0% | −8.0% | −20.3% |
| Net income | -117.8 k | 8.6 m | -7.0 m | -37.6 m | 7.3 m | 18.1 m |
| Net income YoY | unavailable | unavailable | −181.3% | unavailable | unavailable | +149.0% |
| Diluted EPS | unavailable | unavailable | unavailable | -8.30 | 0.56 | 2.12 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | +278.6% |
| net % | unavailable | 10.4% | -8.0% | -45.9% | 9.7% | 30.2% |
| Free cash flow | unavailable | 15.2 m | 1.8 m | -6.4 m | 4.1 m | 2.5 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 174.8 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 334.8 m USD
- Total assets
- 350.3 m USD
- Debt / equity
- unavailable
- Current ratio
- 22.53x
- ROE
- 7.5%
- ROA
- 6.9%
- FCF margin
- 4.1%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | — | 82.0 m | 87.1 m | 81.9 m | 75.3 m | 60.0 m | SEC (XBRL)· 01 Apr 2026verified |
| Cost of revenue | — | 48.9 m | 68.2 m | 57.3 m | 53.9 m | 44.6 m | SEC (XBRL)· 01 Apr 2026verified |
| Gross profit | -117.8 k | 33.1 m | 19.0 m | 24.6 m | 21.4 m | 15.5 m | SEC (XBRL)· 01 Apr 2026verified |
| Research & development | — | 16.6 m | 13.9 m | 22.8 m | 15.5 m | 9.0 m | SEC (XBRL)· 01 Apr 2026verified |
| SG&A | — | 5.3 m | 5.1 m | 3.5 m | 2.7 m | 3.0 m | SEC (XBRL)· 01 Apr 2026verified |
| Operating income | — | 8.0 m | -7.9 m | -34.6 m | 2.8 m | 3.2 m | SEC (XBRL)· 01 Apr 2026verified |
| Depreciation & amortisation | — | 1.5 m | 1.4 m | 1.0 m | 179.3 k | 197.1 k | SEC (XBRL)· 01 Apr 2026verified |
| EBITDA | — | 9.5 m ≈ | -6.5 m ≈ | -33.6 m ≈ | 3.0 m ≈ | 3.4 m ≈ | SEC (XBRL)· 01 Apr 2026derived |
| Pre-tax income | -117.8 k | 8.6 m | -7.5 m | -37.9 m | 8.1 m | 19.2 m | SEC (XBRL)· 01 Apr 2026verified |
| Income tax | — | 84.8 k | -564.8 k | -353.0 k | 853.9 k | 1.0 m | SEC (XBRL)· 01 Apr 2026verified |
| Net income | -117.8 k | 8.6 m | -7.0 m | -37.6 m | 7.3 m | 18.1 m | SEC (XBRL)· 01 Apr 2026verified |
| Diluted EPS | — | — | — | -8.30 | 0.56 | 2.12 | SEC (XBRL)· 01 Apr 2026verified |
| Weighted average diluted shares | — | 4.0 m | 19.9 k | 22.8 k | 9.7 m | 7.7 m | SEC (XBRL)· 01 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 239 | 42.7 m | 42.7 m | 44.8 m | 144.1 m | 174.8 m | SEC (XBRL)· 01 Apr 2026verified |
| Receivables | — | 2.8 m | 2.6 m | 3.2 m | 3.3 m | 6.2 m | SEC (XBRL)· 01 Apr 2026verified |
| Inventories | — | 823.6 k | 130.5 k | — | — | — | SEC (XBRL)· 29 Mar 2023verified |
| Current assets | 76.3 k | 54.0 m | 55.2 m | 57.6 m | 175.9 m | 350.1 m | SEC (XBRL)· 01 Apr 2026verified |
| Property, plant & equipment, net | — | 73.5 k | 145.3 k | 105.9 k | 62.0 k | 18.1 k | SEC (XBRL)· 01 Apr 2026verified |
| Goodwill | 22.5 m | 21.9 m | 15.3 m | — | — | — | SEC (XBRL)· 29 Mar 2023verified |
| Intangibles (excl. goodwill) | — | 4.4 m | 964.3 k | — | — | — | SEC (XBRL)· 29 Mar 2023verified |
| Total assets | 191.5 k | 81.6 m | 72.1 m | 58.0 m | 176.3 m | 350.3 m | SEC (XBRL)· 01 Apr 2026verified |
| Accounts payable | — | 2.1 m | 2.0 m | 3.0 m | 2.6 m | 3.9 m | SEC (XBRL)· 01 Apr 2026verified |
| Current liabilities | 295.2 k | 22.0 m | 4.8 m | 12.0 m | 28.8 m | 15.5 m | SEC (XBRL)· 01 Apr 2026verified |
| Total liabilities | 295.2 k | 23.0 m | 5.1 m | 12.0 m | 28.9 m | 15.6 m | SEC (XBRL)· 01 Apr 2026verified |
| Equity | 49.0 m | 52.8 m | 65.9 m | 45.9 m | 147.4 m | 334.8 m | SEC (XBRL)· 01 Apr 2026verified |
| Shares outstanding at year end | — | — | — | 51.6 m | — | — | SEC (XBRL)· 11 Apr 2024verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -77.8 k | 15.3 m | 2.0 m | -6.4 m | 4.1 m | 2.5 m | SEC (XBRL)· 01 Apr 2026verified |
| Capex | — | 36.0 k | 160.9 k | 10.2 k | 4.0 k | 1.2 k | SEC (XBRL)· 01 Apr 2026verified |
| Free cash flow | — | 15.2 m ≈ | 1.8 m ≈ | -6.4 m ≈ | 4.1 m ≈ | 2.5 m ≈ | SEC (XBRL)· 01 Apr 2026derived |
| Investing cash flow | -55 | -6.5 m | 2.8 m | -2.4 m | -17.3 m | -121.8 m | SEC (XBRL)· 01 Apr 2026verified |
| Financing cash flow | -350.2 k | -3.8 m | -2.4 m | 10.8 m | 112.5 m | 153.9 m | SEC (XBRL)· 01 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 135.7 m USD
Key indicators
Coverage and freshness
Score by group
72% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/Salesunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 25.8% | 0 (on a fixed band) | 15% |
| EBIT margin · Quality | 5.3% | 55 (vs peers) | 12% |
| FCF margin · Quality | 4.1% | 17 (on a fixed band) | 12% |
| Revenue CAGR 3Y · Growth | -11.7% | 0 (on a fixed band) | 24% |
| Revenue growth (YoY) · Growth | -20.3% | 19 (vs peers) | 12% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 22.5x | 100 (on a fixed band) | 9% |
| EV/Sales · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 1.8% | 37 (on a fixed band) | 18% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/2 factors with a value
- Growth6/100 · 2/2 factors with a value
- Quality22/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/1 factors with a value
- Valuation· partial37/100 · 1/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
MicroAlgo Inc. (MLGO). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 60.0 m USD in 2025; YoY growth -20.3%; net margin 30.2%; ROE 7.6%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Current ratio: 22.5x
What contradicts it
- Gross margin: 25.8%
- FCF margin: 4.1%
- Revenue CAGR 3Y: -11.7%
- Revenue growth (YoY): -20.3%
Not assessed (insufficient data or a ratio without meaning): Net debt / EBITDA, EV/Sales, Shareholder yield (distributions).
Versus the vertical median
Services-Computer Programming Services (SIC 7371) · same industry (4-digit SIC) · compared with 32 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| INFYInfosys Limited | 49.6 bn | 16.1 | 29.0% | 16.4% | +3.9% | −30% / −30% |
| ZSZscaler Inc | 36.6 bn | — | -2.9% | -1.9% | +25.4% | −11% / +14% |
| CTSHCognizant Technology Solutions Corporation | 29.4 bn | 12.0 | 17.4% | 11.8% | +7.0% | −15% / −7% |
| VRSNVerisign Inc | 28.5 bn | 33.6 | — | 49.1% | +6.4% | +26% / +50% |
| WITWipro Limited | 22.7 bn | 15.4 | 16.4% | 14.7% | −3.2% | −21% / −11% |
| EPAMEpam Systems, Inc. | 7.1 bn | 18.6 | 11.2% | 7.2% | +15.4% | −27% / −47% |
| DOCSDoximity, Inc. | 6.2 bn | 40.9 | 17.2% | 25.5% | +13.1% | −33% / +49% |
| DOXAmdocs Limited | 4.9 bn | 10.3 | 14.1% | 9.9% | +2.4% | −43% / −48% |
| RGTIRigetti Computing, Inc. | 3.7 bn | — | -43.8% | -1,787.4% | −34.3% | −56% / +958% |
| FORTYFormula Systems (1985) Ltd. | 1.8 bn | 23.4 | 12.2% | 2.9% | +5.2% | −20% / +96% |
| MGRTMega Fortune Co Ltd | 1.6 bn | 698.9 | 21.1% | 16.1% | +233.3% | +1,864% / unavailable |
| PERIPerion Network Ltd. | 446.8 m | — | -1.1% | -1.8% | −11.7% | +12% / −59% |
| MFImF International Limited | 367.8 m | 36.4 | 3.9% | 232.8% | +29.4% | −68% / unavailable |
| IAInnovative Solutions And Support, Inc. | 353.7 m | 18.8 | 28.5% | 20.5% | +78.6% | +103% / +167% |
| GDEVGDEV Inc. | 176.1 m | 2.6 | — | 17.1% | −3.9% | −44% / −57% |
| ATGLAlpha Technology Group Ltd | 146.5 m | — | -184.7% | -952.0% | −40.2% | −61% / −39% |
| MLGOMicroAlgo Inc. | 135.7 m | 1.2 | 7.6% | 30.2% | −20.3% | −70% / −100% |
| MWCMicware Co., Ltd. | 82.0 m | 8.1 | 20.0% | 7.3% | unavailable | unavailable / unavailable |
| PDCPerpetuals.com Ltd | 74.9 m | — | -75.8% | -1,069.9% | −47.0% | −61% / −13% |
| CINTCI&T Inc | 73.8 m | 10.3 | 13.8% | 8.3% | +11.5% | −31% / −40% |
| CYCUCycurion, Inc. | 65.1 m | — | -76.7% | -98.0% | −14.8% | −91% / unavailable |
| XTIAXti Aerospace, Inc. | 37.7 m | — | — | -89.6% | +602.4% | −40% / −100% |
| MNDOMind Cti Ltd | 18.3 m | 6.9 | 11.0% | 13.4% | −9.3% | −24% / −53% |
| CHGAChange Agents Corporation | 17.8 m | — | -606.9% | -643.1% | +6.2% | −97% / −99% |
| RDNWRideNow Group, Inc. | 11.7 m | — | — | -0.8% | −10.5% | +7% / −9% |
1- and 3-year price returns: for MLGO from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 0.23 Total return -91% · Per year -91% | 0.41 Total return -84% · Per year -84% | 0.63 Total return -76% · Per year -76% |
| 3 years | 0.19 Total return -93% · Per year -59% | 0.37 Total return -86% · Per year -48% | 0.63 Total return -76% · Per year -38% |
| 5 years | 0.15 Total return -94% · Per year -44% | 0.34 Total return -87% · Per year -34% | 0.63 Total return -76% · Per year -25% |
- Exit P/E± 0.09
- Net margin± 0.07
- Annual revenue growth± 0.06
- Annual dilution± 0.01
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 01 Apr 2026; since then the company filed 6-K (28 Aug 2026).
In brief
MicroAlgo Inc. develops and applies bespoke central processing algorithms, integrated with software or hardware, mainly for internet advertising. The company has entered a period of falling revenue while still reporting net profit, which makes its dependence on one segment and a small customer base worth examining. Total revenue in fiscal 2025 was 422.0 million RMB, and the annual decline exceeded 22%.
SWOT
Strengths
- The company has long experience in central processing algorithms and a large portfolio of intellectual property 1.
- Relationships with advertising clients are described as stable and long-term, under master agreements 1.
- The company has kept reporting net profit over the last two years despite falling revenue 1.
Weaknesses
- Dependence on a single segment and a limited number of customers increases concentration risk 1.
- Revenue has declined steadily since 2023, and the company has not yet offset weaker advertising demand 1.
- Operating income is smaller than net income, suggesting results also depend on non-operating items 1.
Opportunities
Risks
- Customer concentrationhigh
The company depends on a limited number of customers for a significant portion of revenue, which may result in heightened concentration risk 1.
- Single-segment dependencehigh
All revenue comes from advertising algorithm services, so a decline in that market affects the whole company 1.
- Chinese regulatory riskhigh
Changes to rules on the internet, data security and fund transfers abroad could create costs or restrictions 1.
- Currency riskmedium
Exchange rate fluctuations can affect results and the value of an investment, and currency conversion controls limit use of revenue 1.
- Share price volatilitymedium
The company warns that its share price has been volatile and could decline substantially, and it does not intend to pay cash dividends in the foreseeable future 1.
Investment thesis
What would need to be true (bull case)
- If advertising budgets recover, revenue could return to sustained growth, given the company's first-mover position in this field 1.
- A large intellectual property portfolio and research investment could strengthen the technology advantage over competitors 1.
- Net profit over the last two years shows the business model can still generate returns even with falling revenue 1.
What would break the thesis
- A revenue decline of more than 22% in one year shows advertising demand can be volatile, and recovery could take time 1.
- Concentration on a few customers and a single segment could magnify the impact of any budget pullback 1.
- The Chinese regulatory and geopolitical environment could limit access to financing and international capital markets 1.
What to watch
- Trend in advertising revenue and quarterly revenueQ1 2027
- Degree of customer concentration disclosed in the annual report2027
- Any revenue from new government, cloud or AI servicesnext 20-F
- Changes to Chinese data and internet regulation2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 01 Apr 2026; since then the company filed 6-K (28 Aug 2026).
The business
MicroAlgo Inc. (formerly Venus Acquisition Corporation), a Cayman Islands exempted company, operates through its subsidiary VIYI Algorithm Inc., acquired in a business combination closed on December 9, 2022 1. The company focuses on the development and application of bespoke central processing algorithms, integrated with software or hardware to increase customers, reduce power consumption and achieve technical goals 1. Its principal executive office is in Shenzhen, China 1. Its services include algorithm optimization, accelerating computing power without hardware upgrades, lightweight data processing and data intelligence services 1.
According to the annual report, the company states it is the market leader in terms of intellectual property, holding 628 proprietary rights as of December 31, 2025, including 87 patents 1. Its core customers are in internet advertising, and for intelligent chip customers it provides data processing solutions and optimized hardware 1. The research and development team has 43 full-time members 1.
On profitability, the company reported a net loss of 266.2 million RMB in 2023 but net income in 2024 and 2025, and part of the 2025 result came from other income rather than purely operating activity 1. Since 2023 it has exited the intelligent chips business through the disposal of Fe-da Electronics, so algorithm services now account for essentially all revenue 1.
Segments
Central processing algorithm services for internet advertising
This is the only revenue-generating segment in 2024 and 2025, with revenue of 422.0 million RMB in 2025, down 22.1% from the prior year 1. The company attributes the decline to global economic uncertainty that led to more conservative corporate marketing budgets and a rationalization of its service offerings 1.
Intelligent chips and services (discontinued)
The segment generated 10.1 million RMB of revenue in 2023, mainly from Fe-da Electronics, which was disposed of in 2023; there was no revenue from this segment in 2024 and 2025 1.
Market context
The company operates in the market for algorithmic processing services for digital advertising, where clients increasingly focus on measurable results such as conversion rate and performance-based advertising is growing rapidly 1. Demand from the advertising industry is the main revenue driver, while finance, government and manufacturing are cited as potential markets 1. The market is described as very large, yet advertising demand weakened in 2024 and 2025 1.
The company's activity is subject to Chinese rules on the internet and cybersecurity, as well as currency conversion and dividend transfer restrictions for offshore entities 1. The company says the regulatory environment and competition in China are factors that could affect the market in which it operates 1.
Trends
- Lower advertising budgetsheadwind
Global economic uncertainty has led companies to cut marketing budgets, which has directly affected advertising revenue 1. If this caution persists, pressure on revenue could continue.
- Growth in performance-based advertisingtailwind
Clients increasingly prefer measurable results, and the company's scalable algorithmic solutions could address this demand 1.
- Expansion of AI and cloud applicationstailwind
Adoption of artificial intelligence, 5G and cloud computing opens new use cases for optimization algorithms, according to the stated strategy 1.
- Data and internet regulation in Chinaheadwind
Legal requirements on data security and internet regulation could generate additional costs or limit some business models 1.
Competitive position
The company describes competition in central processing algorithms as fragmented, and its stated advantage rests on first-mover status in China, its intellectual property portfolio and long-term client relationships 1. The supplied sources do not identify competitors listed on US exchanges.
- Other algorithm service and programmatic advertising providers in China
Local competitors offering similar optimization solutions to advertising agencies and chip makers, referred to generically in the report 1.
- Online advertising integration agencies
Clients and also potential competitors in delivering advertising solutions to advertisers 1.
- Cloud computing and data infrastructure providers
Companies offering data processing services close to the company's own, particularly for government and financial sectors 1.
- Intelligent chip manufacturers
Partners or competitors in hardware-software optimization, an area where the company previously operated 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report (foreign issuer)28 Aug 2026
- Current report (foreign issuer)01 Apr 2026
- Annual report (foreign issuer)01 Apr 2026
- Current report (foreign issuer)24 Oct 2025
- Current report (foreign issuer)10 Oct 2025
- Current report (foreign issuer)10 Sept 2025
- Current report (foreign issuer)14 Jul 2025
- Current report (foreign issuer)08 Jul 2025
- Current report (foreign issuer)20 Jun 2025
- Current report (foreign issuer)16 Jun 2025
Sources
- [1] Form 20-F, fiscal year ended 2025-12-31 · SEC / MicroAlgo Inc. · 01 Apr 2026
- [2] Form 8-K, results release (exhibit 99.1) · SEC / MicroAlgo Inc. · 29 Mar 2023
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.