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MicroAlgo Inc.
Computer programming services company in the Cayman Islands. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerMLGO on Nasdaq1
- IndustryServices-Computer Programming Services1
- HeadquartersNew York, New York1
- Incorporated inCayman Islands3
- Business address340 Madison Avenue,19Th Floor, New York, Ny 101733
- Filer categoryNon-accelerated filer, Emerging growth company3
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MicroAlgo Inc. (“MicroAlgo” or the “Company”) (f/k/a Venus Acquisition Corporation (“Venus”)), a Cayman Islands exempted company incorporated on May 14, 2018, entered into the Merger Agreement dated June 10, 2021 (as amended on January 24, 2022, August 2, 2022, August 3, 2022 and August 10, 2022, the “Merger Agreement”), by and among WiMi Hologram Cloud Inc. (“WiMi” or the “Majority Shareholder”), Venus, Venus Merger Sub Corporation (“Venus Merger Sub”), a Cayman Islands exempted company incorporated for the purpose of effectuating the Business Combination, and VIYI Algorithm Inc. (“VIYI”), a Cayman Islands exempted company.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Central Processing Advertising Algorithm Services brought in 50% of the revenue MicroAlgo Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Central Processing Advertising Algorithm Services | 569.9M CNY | 541.5M CNY | 422.0M CNY |
| Service | 569.9M CNY | 541.5M CNY | 422.0M CNY |
Regions
Mainland PRCMember brought in 67% of the revenue MicroAlgo Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Mainland PRCMember | 540.3M CNY | 414.8M CNY | 284.7M CNY |
| HKMember | 29.6M CNY | 126.7M CNY | 137.3M CNY |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue59¢$44.6M
- Research and development12¢$9.0M
- Selling, general and admin4¢$3.0M
- Income tax1¢$1.0M
- Profit24¢$18.1M
Out of $60.0M in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$2.5M
Out of $2.5M of cash from operations.2
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total operating revenues | 422.0M CNY | 541.5M CNY | 580.0M CNY |
| COST OF REVENUES | -313.2M CNY | -387.7M CNY | -406.0M CNY |
| GROSS PROFIT | 108.8M CNY | 153.8M CNY | 174.0M CNY |
| Selling expenses | -2.2M CNY | -2.2M CNY | -2.8M CNY |
| General and administrative expenses | -21.0M CNY | -19.7M CNY | -24.9M CNY |
| Research and development expenses | -63.3M CNY | -111.7M CNY | -161.2M CNY |
| Stock compensation expenses | -117.4M CNY | ||
| Impairment loss for goodwill | -106.3M CNY | ||
| Impairment loss for long-lived assets | -6.6M CNY | ||
| Total operating expenses | -86.4M CNY | -133.6M CNY | -419.2M CNY |
| (LOSS)/INCOME FROM OPERATIONS | 22.4M CNY | 20.1M CNY | -245.2M CNY |
| Investment (loss)/income | 132.3M CNY | 12.4M CNY | -27.9M CNY |
| Interest income | 1.7M CNY | 26.8M CNY | 3.9M CNY |
| Finance expenses, net | -3.8M CNY | -785.2K CNY | -613.2K CNY |
| Other income/(expense), net | -469.8K CNY | -47.7K CNY | 1.1M CNY |
| Loss from bad debt | -17.2M CNY | ||
| Total other (expense)/income, net | 112.5M CNY | 38.4M CNY | -23.5M CNY |
| (LOSS)/INCOME BEFORE INCOME TAXES | 134.9M CNY | 58.5M CNY | -268.7M CNY |
| Current | -7.3M CNY | -5.6M CNY | -166.5K CNY |
| Deferred | 2.7K CNY | -547.5K CNY | 2.7M CNY |
| Total benefit of/(provision for) income tax | -7.3M CNY | -6.1M CNY | 2.5M CNY |
| NET (LOSS)/INCOME | 127.6M CNY | 52.4M CNY | -266.2M CNY |
| Less: Net income attributable to non-controlling interests | 13.7M CNY | 13.8M CNY | 2.0M CNY |
| NET (LOSS)/INCOME ATTRIBUTABLE TO MICRO ALGO INC. | 113.9M CNY | 38.6M CNY | -268.2M CNY |
| Foreign currency translation adjustment | -50.2M CNY | 5.0M CNY | -57.5M CNY |
| COMPREHENSIVE (LOSS)/INCOME | 77.4M CNY | 57.4M CNY | -323.7M CNY |
| Less: Comprehensive income attributable to non-controlling interests | 13.7M CNY | 13.8M CNY | 2.0M CNY |
| COMPREHENSIVE (LOSS)/INCOME ATTRIBUTABLE TO MICRO ALGO INC. | 63.8M CNY | 43.6M CNY | -325.8M CNY |
| Basic | 7.7M shares | 3.7M shares | 22.8K shares |
| Diluted | 7.7M shares | 9.7M shares | 22.8K shares |
| Basic | 14.87 CNY | 10.52 CNY | -11,758.59 CNY |
| Diluted | 14.87 CNY | 3.99 CNY | -11,758.59 CNY |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1.2B CNY | 1.0B CNY | ||
| Short term investments | 1.1B CNY | 149.6M CNY | ||
| Accounts receivable, net | 43.6M CNY | 23.7M CNY | ||
| Prepaid services fees, net | 48.7M CNY | 53.1M CNY | ||
| Other receivables and prepaid expenses, net | 1.7M CNY | 2.3M CNY | ||
| Total current assets | 2.5B CNY | 1.3B CNY | ||
| Property and equipment, net | 127.2K CNY | 445.4K CNY | ||
| Long-term investments, net | 96.9K CNY | 97.1K CNY | ||
| Prepaid expenses and deposits | 16.5K CNY | |||
| Deferred tax assets | 443.1K CNY | 440.3K CNY | ||
| Operating lease right-of-use assets, net | 738.4K CNY | 1.6M CNY | ||
| Total non-current assets | 1.4M CNY | 2.6M CNY | ||
| Total assets | 2.5B CNY | 1.3B CNY | ||
| Accounts payable | 27.3M CNY | 18.6M CNY | ||
| Deferred revenues | 7.1M CNY | 3.4M CNY | ||
| Other payables and accrued liabilities | 31.5M CNY | 14.1M CNY | ||
| Banking borrowings | 30.0M CNY | 15.0M CNY | ||
| Operating lease liabilities-current | 531.0K CNY | 803.6K CNY | ||
| Taxes payable | 12.9M CNY | 5.9M CNY | ||
| Convertible notes payable | 0 CNY | 149.1M CNY | ||
| Total current liabilities | 109.2M CNY | 206.9M CNY | ||
| Operating lease liabilities-non-current | 240.9K CNY | 696.5K CNY | ||
| Total non-current liabilities | 240.9K CNY | 696.5K CNY | ||
| Total liabilities | 109.5M CNY | 207.6M CNY | ||
| Additional paid-in capital | 2.3B CNY | 1.1B CNY | ||
| Accumulated deficit | 80.1M CNY | -33.6M CNY | ||
| Statutory reserves | 8.4M CNY | 8.2M CNY | ||
| Accumulated other comprehensive loss | -99.9M CNY | -49.7M CNY | ||
| Total shareholders' equity | 2.3B CNY | 1.0B CNY | ||
| NONCONTROLLING INTERESTS | 31.2M CNY | 17.6M CNY | ||
| Total equity | 2.4B CNY | 1.1B CNY | 325.2M CNY | 529.3M CNY |
| Total liabilities and shareholders equity | 2.5B CNY | 1.3B CNY |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1.2B CNY | 1.0B CNY | ||
| Short term investments | 1.1B CNY | 149.6M CNY | ||
| Accounts receivable, net | 43.6M CNY | 23.7M CNY | ||
| Prepaid services fees, net | 48.7M CNY | 53.1M CNY | ||
| Other receivables and prepaid expenses, net | 1.7M CNY | 2.3M CNY | ||
| Total current assets | 2.5B CNY | 1.3B CNY | ||
| Property and equipment, net | 127.2K CNY | 445.4K CNY | ||
| Long-term investments, net | 96.9K CNY | 97.1K CNY | ||
| Prepaid expenses and deposits | 16.5K CNY | |||
| Deferred tax assets | 443.1K CNY | 440.3K CNY | ||
| Operating lease right-of-use assets, net | 738.4K CNY | 1.6M CNY | ||
| Total non-current assets | 1.4M CNY | 2.6M CNY | ||
| Total assets | 2.5B CNY | 1.3B CNY | ||
| Accounts payable | 27.3M CNY | 18.6M CNY | ||
| Deferred revenues | 7.1M CNY | 3.4M CNY | ||
| Other payables and accrued liabilities | 31.5M CNY | 14.1M CNY | ||
| Banking borrowings | 30.0M CNY | 15.0M CNY | ||
| Operating lease liabilities-current | 531.0K CNY | 803.6K CNY | ||
| Taxes payable | 12.9M CNY | 5.9M CNY | ||
| Convertible notes payable | 0 CNY | 149.1M CNY | ||
| Total current liabilities | 109.2M CNY | 206.9M CNY | ||
| Operating lease liabilities-non-current | 240.9K CNY | 696.5K CNY | ||
| Total non-current liabilities | 240.9K CNY | 696.5K CNY | ||
| Total liabilities | 109.5M CNY | 207.6M CNY | ||
| Additional paid-in capital | 2.3B CNY | 1.1B CNY | ||
| Accumulated deficit | 80.1M CNY | -33.6M CNY | ||
| Statutory reserves | 8.4M CNY | 8.2M CNY | ||
| Accumulated other comprehensive loss | -99.9M CNY | -49.7M CNY | ||
| Total shareholders' equity | 2.3B CNY | 1.0B CNY | ||
| NONCONTROLLING INTERESTS | 31.2M CNY | 17.6M CNY | ||
| Total equity | 2.4B CNY | 1.1B CNY | 325.2M CNY | 529.3M CNY |
| Total liabilities and shareholders equity | 2.5B CNY | 1.3B CNY |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | 127.6M CNY | 52.4M CNY | -266.2M CNY |
| Depreciation and amortization | 326.4K CNY | 331.3K CNY | 1.0M CNY |
| Credit losses | 9.6M CNY | -4.9M CNY | -1.3M CNY |
| Stock compensation expenses | 119.6M CNY | ||
| Deferred tax (benefit)/expense | -2.7K CNY | 547.5K CNY | -2.7M CNY |
| Loss/(Gain) from short-term investments-unrealized & realized | -132.3M CNY | -16.2M CNY | -124.1K CNY |
| Loss from disposal of subsidiaries | 54.7M CNY | ||
| Amortization of operating lease right-of-use assets | 1.1M CNY | 1.0M CNY | 802.3K CNY |
| Impairment loss for goodwill | 106.3M CNY | ||
| Impairment loss for long-lived assets | 6.6M CNY | ||
| Accounts receivables | -19.9M CNY | -702.8K CNY | -350.6K CNY |
| Inventories | 909.0K CNY | ||
| Prepaid services fees | 1.5M CNY | -4.6M CNY | -22.6M CNY |
| Other receivables and prepaid expenses | -6.3M CNY | 3.8M CNY | |
| Prepaid expenses and deposits | 16.5K CNY | ||
| Accounts payable | 8.7M CNY | -2.3M CNY | 6.7M CNY |
| Deferred revenues | 3.7M CNY | -7.0M CNY | -833.1K CNY |
| Other payables and accrued liabilities | 17.3M CNY | -52.2M CNY | 7.5M CNY |
| Operating lease liabilities | -958.6K CNY | -979.4K CNY | -984.0K CNY |
| Taxes payable | 7.0M CNY | 5.4M CNY | 137.3K CNY |
| Net cash (used in)/provided by operating activities | 17.4M CNY | 29.3M CNY | -45.4M CNY |
| Loss of long-term investment | 151 CNY | ||
| Proceeds from disposal of long-term investments | 1.3M CNY | ||
| Proceeds from disposal/(Purchases) of property and equipment | -8.1K CNY | -28.6K CNY | 437.9K CNY |
| Purchases of short term investments | -936.0M CNY | -366.0M CNY | -18.4M CNY |
| Redemption of short-term investments | 79.7M CNY | 251.0M CNY | |
| Net cash (used in) investing activities | -856.3M CNY | -124.6M CNY | -16.7M CNY |
| Loan to related party | -1.1M CNY | ||
| Loan to Parent | -17.4M CNY | ||
| Proceeds from Parent | 37.5M CNY | ||
| Proceeds from bank borrowings | 30.0M CNY | 18.1M CNY | 13.5M CNY |
| Payments to bank borrowings | -15.0M CNY | -16.6M CNY | |
| Proceeds from related party loans | 25.6M CNY | ||
| Stock issuance | 129.0M CNY | ||
| Issuance of convertible notes payable | 1.1B CNY | 697.0M CNY | |
| Net cash provided by financing activities | 1.1B CNY | 809.0M CNY | 76.6M CNY |
| EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS | -50.2M CNY | 5.0M CNY | 5.1M CNY |
| CHANGE IN CASH AND CASH EQUIVALENTS | 193.1M CNY | 718.7M CNY | 19.5M CNY |
| Cash paid for income taxes | 16.0K CNY | 105.8K CNY | 235.2K CNY |
| Cash paid for interest | 759.4K CNY | 759.5K CNY | 125.0K CNY |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | 1.0M CNY | 1.1M CNY | 586.7K CNY |
| Shares converted from convertible notes payable | 1.2B CNY | 547.9M CNY |
No quarter-by-quarter statement was filed.
Leadership
Who has led MicroAlgo Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
Chief operating officer
- Chief executive officerXinmin Su Jan 4, 2023 to Jan 4, 202312
- Chief executive officerLiu Yanming Feb 18, 2021 to Feb 18, 202113
- ChairLiu Yanming Feb 18, 2021 to Feb 18, 202113
- Chief financial officerLi He Jan 4, 2023 to Jan 4, 202314
- Chief financial officerRiver Chi Feb 18, 2021 to Feb 18, 202115
- Chief operating officerShiwen Liu Jan 4, 2023 to Jan 4, 202316
Board members and other officers (7)
- CTOChengwei Yi Jan 4, 2023 to Jan 4, 202317
- Board memberHaixia Zhao Jan 4, 2023 to Jan 4, 202318
- Board memberWengang Kang Jan 4, 2023 to Jan 4, 202319
- Board memberXinmin Su Jan 4, 2023 to Jan 4, 202312
- Board memberCui Shan Feb 18, 2021 to now20
- Board memberRiver Chi Feb 18, 2021 to Feb 18, 202115
- Board memberGuojian Chen Feb 23, 2021 to Feb 23, 202121
Former names
- Venus Acquisition CorpJan 22, 2020 to Dec 12, 20223
Timeline
Filings
153 filings to the SEC since October 2021: 5 annual reports, 7 quarterly reports, 14 major events, 12 insider forms, 21 large holders, 94 other. The latest 20:
- Aug 28, 20266-K EDGAR
- May 8, 20263 EDGAR
- May 8, 20263 EDGAR
- Apr 1, 20266-K EDGAR
- Apr 1, 202620-F EDGAR
- Oct 24, 20256-K EDGAR
- Oct 10, 20256-K EDGAR
- Sep 10, 20256-K EDGAR
- Jul 14, 20256-K EDGAR
- Jul 8, 20256-K EDGAR
- Jun 20, 20256-K EDGAR
- Jun 16, 20256-K EDGAR
- Jun 13, 20256-K EDGAR
- May 20, 2025424B5 EDGAR
- May 20, 20256-K EDGAR
- May 8, 2025424B5 EDGAR
- May 8, 20256-K EDGAR
- Apr 28, 20256-K EDGAR
- Apr 28, 202520-F EDGAR
- Mar 27, 2025SCHEDULE 13D/A EDGAR
The 153 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SBI Securities Co., Ltd.SCHEDULE 13G/A, 2 filings Oct 3, 2024 to Nov 6, 202422
- Masaya OtsukaSC 13G/A, 5 filings Jun 20, 2024 to Oct 7, 202423
- Weiss Asset Management LPSC 13G/A, 2 filings Feb 7, 2022 to Feb 6, 202324
- JOYOUS JD LtdSC 13G, 1 filing Jan 10, 202325
- Guosheng Holdings LtdSC 13D, 1 filing Jan 5, 202326
- MIDI Capital Markets,LLCSC 13D, 1 filing Jan 5, 202327
- Milestone Investments LtdSC 13D, 1 filing Jan 5, 202328
- Lawrence FeisSC 13G/A, 2 filings Jan 11, 2022 to Dec 9, 202229
- Karpus Management, Inc.SC 13G/A, 2 filings Feb 14, 2022 to Jul 8, 202230
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARMicroAlgo Inc. filings on SEC EDGAR
- 2SEC EDGARMicroAlgo Inc. 10-K for fiscal 2025
- 3SEC EDGARMicroAlgo Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARMicroAlgo Inc. 10-K for fiscal 2021
- 6SEC EDGARMicroAlgo Inc. 10-K for fiscal 2023
- 7SEC EDGARMicroAlgo Inc. 10-K for fiscal 2024
- 8SEC EDGARMicroAlgo Inc. 10-K for fiscal 2020
- 9SEC EDGARMicroAlgo Inc. 10-Q for fiscal 2023
- 10SEC EDGARMicroAlgo Inc. 10-Q for fiscal 2022
- 11SEC EDGARMicroAlgo Inc. 10-Q for fiscal 2022
- 12SEC EDGARXinmin Su, Chief executive officer
- 13SEC EDGARLiu Yanming, Chief executive officer
- 14SEC EDGARLi He, Chief financial officer
- 15SEC EDGARRiver Chi, Chief financial officer
- 16SEC EDGARShiwen Liu, Chief operating officer
- 17SEC EDGARChengwei Yi, CTO
- 18SEC EDGARHaixia Zhao, Board member
- 19SEC EDGARWengang Kang, Board member
- 20SEC EDGARCui Shan, Board member
- 21SEC EDGARGuojian Chen, Board member
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