mgte: the income statement

MyFinsight

Marblegate Capital Corp (MGTE)

For the quarter ending 2025-06-30, MGTE made $17,952,000 in revenue. -$47,992,000 in net income. Net profit margin of -267.34%.

Unit: Dollar

	2025-06-30	2025-03-31
Fleet servicing fees, net	1,158,000	-
Service fee expense	1,125,000	-
Depreciation expense	771,000	-
General and administrative	5,459,000	-
Management fee expense - related party	1,683,000	-
Professional fees	4,005,000	-
Total operating expenses	14,201,000	-
Total revenue	17,757,000	-
Income from operations	3,556,000	-566,558
(losses) gains on loans held for investment, net	-1,805,000	-
Wav grant income	154,000	-
Gains from disposal of medallions	-	-
Change in fair value of warrant liability	41,000	-
Total other (expense) income	-1,610,000	-29,123
Income (loss) before provision for income taxes	1,946,000	-595,681
Provision for income taxes	49,283,000	-
Net income (loss)	-47,337,000	-
Net income (loss) attributable to non-controlling interest	655,000	-
Net income (loss) attributable to mcc	-47,992,000	-595,681

Earnings per share, basic	-0.65	-
Earnings per share, diluted	-0.65	-
Weighted average number of shares outstanding, basic	73,071,330	-
Weighted average number of shares outstanding, diluted	73,071,330	-

Unit: Dollar