Financial insights of MGTE

MyFinsight

For the quarter ending 2026-03-31, MGTE made $14,122K in revenue. -$1,160K in net income. Net profit margin of -8.21%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue	14,122	3,952*	11,963	17,757
Cost of fleet revenue, net (exclusive of depreciation)	7,631	-	-	-
Depreciation expense	-	1,008*	778	771
Fleet servicing fees, net	-	1,690*	1,880	1,158
Depreciation of rental vehicles	1,519	-	-	-
Service fee expense	1,201	786*	1,375	1,125
Management fee expense - related party	2,226	370*	2,023	1,683
Depreciation of property and equipment	66	-	-	-
General and administrative	2,827	897*	5,641	5,459
Professional fees	2,130	141*	1,507	4,005
Total operating expenses	17,600	4,891*	13,204	14,201
Gain from operations	-3,478	-939.442	-1,241	3,556
Losses on loans held for investment, net	-374	9,388*	1,312	-1,805
Wav grant income	273	-120*	296	154
Gains from disposal of medallions	-	55*	22	0
Change in fair value of warrant liability	-	-46*	4	41
Interest expense	819	3*	-	-
Other income (expense), net	-5	-	-	-
Total other expense	-925	9,274.123	1,634	-1,610
Loss before income taxes	-4,403	8,334.681	393	1,946
Income tax benefit	-2,923	3,718.681	1,686	49,283
Net gain	-1,480	4,616*	-1,293	-47,337
Net gain attributable to noncontrolling interest	-320	-757*	440	655
Net gain attributable to common stockholders	-1,160	5,373.681	-1,733	-47,992

Basic EPS	-0.02	0.076	-0.02	-0.65
Diluted EPS	-0.02	0.076	-0.02	-0.65
Basic Average Shares	73,914,402	71,001,761*	73,914,402	73,071,330
Diluted Average Shares	73,914,402	71,001,761*	73,914,402	73,071,330

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.