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Financial statements

MGT CAPITAL INVESTMENTS, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MGT CAPITAL INVESTMENTS, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue0.313.132.030.451.430.880.810.40.320.09
Cost of revenue0.211.54.19
Gross profit0.11.63-2.16
Research and development0.30.350.05
Selling and marketing0.20.240.06
General and administrative17.722.412.87.442.581.761.741.361.050.8
Operating expenses20.324.7267.954.312.673.291.831.450.88
Operating income-20.2-21.6-23.9-7.5-2.88-1.79-2.49-1.43-1.12-0.8
Interest expense0.3900.360.340.020.090.30.14
Other non-operating income-4.61-28.80.64-1.28-1.010.25-3.49-4.76.650.58
Pre-tax income-24.85.52-0.22
Net income to minority interests-0.32
Net income-24.5-50.4-23.3-8.78-3.89-1.54-5.98-6.135.52-0.22
EBITDA-20.1-20.7-20.6-7.33-1.78-1.11-2.29-1.17-0.93-0.76
EPS, basic-1.08-1.34-0.35-0.04-0.010.00-0.01-0.010.000.00
EPS, diluted-1.08-1.34-0.35-0.04-0.010.00-0.01-0.010.000.00
Shares, basic (weighted)22.737.773.12574745596647621,2783,009
Shares, diluted (weighted)22.737.773.12574745596647621,2783,009

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.359.520.10.220.241.230.540.010.010.1
Short-term investments0.04
Receivables0.180.020.05
Other current assets0.150.890.190.130.010.1300
Total current assets0.5510.50.320.360.251.540.550.030.050.11
Property, plant and equipment0.63.123.541.871.231.10.910.71
Lease right-of-use assets0.080.060.06
Intangible assets0.47
Long-term investments0.290.05
Other non-current assets0.20.320.1200
Total assets1.9113.60.524.292.32.871.650.930.760.11
Accounts payable0.070.290.540.81.260.210.01
Accrued liabilities0.120.710.01
Deferred revenue0.03
Total current liabilities0.191.71.831.011.781.735.399.773.251.21
Long-term debt2.3
Lease liabilities0.060.030.020.02
Total liabilities2.491.71.831.071.811.745.399.793.252.39
Paid-in capital328391403417418420421422422420
Retained earnings-328-379-405-415-418-420-426-432-427-427
Other comprehensive income-0.07
Shareholders' equity-0.5611.9-1.313.230.491.13-3.73-8.86-2.49-2.28
Minority interests-0.02-0.02
Total equity-0.5811.9-1.883.230.491.13-3.73-8.86-2.49-2.28
Total liabilities and equity1.9113.60.524.292.32.871.650.930.760.11
Shares outstanding28.7591114145076077048492,4914,641

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-24.8-50.4-23.8-8.78-3.89-1.54-5.98-6.135.52-0.22
Depreciation and amortization0.130.953.290.171.10.680.20.260.190.04
Stock-based compensation11.716.66.42.30.220.02
Change in receivables-0.180.18-0.02-0.030.05
Change in payables00.620.210.350.47-0.380.040.390.16-0.07
Cash from operations-5.53-2.38-8.76-3.96-0.65-1.16-2.15-0.71-0.55-0.99
Capital expenditures-0.69-4.07-6.99-3.65-0.38-0.21-0.07
Purchases of investments-0.41-0.05
Sales and maturities of investments2.170.03
Cash from investing0.79-3.07-6.51-3.310.360.16-0.071.35
Debt repaid-0.07
Stock issued0.40.080.530.990.230.340.420.1
Cash from financing4.7314.65.857.390.311.991.530.180.55-0.26
Net change in cash-0.019.17-9.420.120.020.99-0.69-0.53-00.1
Free cash flow-6.22-6.44-15.8-7.61-1.03-1.37-2.22
Interest paid0.10.050.0100.030.090.14

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-916.1%Operating income / revenue.
EBITDA margin-871.3%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-251.7%Pre-tax income / revenue.
Net margin-251.7%Net income / revenue.
Operating cash flow margin-1,139.0%Cash from operations / revenue.
Return on assets (ROA)-50.3%Net income / average total assets.
Stock-based pay / revenue23.0%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue44.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-73.0%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-52.4%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-42.9%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y-104.0%Net income vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-86.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-60.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-46.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y135.4%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y65.5%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y44.7%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.09xCurrent assets / current liabilities.
Quick ratio0.09x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.09x(Cash + short-term investments) / current liabilities.
Liabilities / assets2,252.0%Total liabilities / total assets.
Interest coverage-5.57xOperating income / interest expense.
Working capital-$1.1MCurrent assets - current liabilities.
Tangible book value-$2.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.20xRevenue / average total assets.

Per share

MetricValueHow it is calculated
EPS, diluted$0.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$0.00Net income per basic share, as reported (split-adjusted).
Revenue per share$0.00Revenue / diluted weighted shares.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share-$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.00Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$8.8MShare price x shares outstanding.
Enterprise value$8.7MMarket cap + total debt - cash - short-term investments.
P/S101xMarket cap / revenue.
EV/Sales100xEnterprise value / revenue.
Earnings yield-2.5%Net income / market cap (the inverse of P/E).
What was MGT CAPITAL INVESTMENTS, INC.'s revenue in fiscal 2025?

MGT CAPITAL INVESTMENTS, INC. reported revenue of $87.0K for fiscal 2025, 73% lower than the year before.

Was MGT CAPITAL INVESTMENTS, INC. profitable in fiscal 2025?

No. It reported a net loss of $219.0K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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