Financial insights of MGTE

MyFinsight

For the quarter ending 2025-09-30, MGTE made $11,963,000 in revenue. -$1,733,000 in net income. Net profit margin of -14.49%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2025-03-31
Total revenue	11,963,000	17,757,000	-
Professional fees	1,507,000	4,005,000	-
General and administrative	5,641,000	5,459,000	-
Fleet servicing fees, net	1,880,000	1,158,000	-
Service fee expense	1,375,000	1,125,000	-
Management fee expense - related party	2,023,000	1,683,000	-
Depreciation expense	778,000	771,000	-
Total operating expenses	13,204,000	14,201,000	-
(loss) income from operations	-1,241,000	3,556,000	-566,558
Gains (losses) on loans held for investment, net	1,312,000	-1,805,000	-
Wav grant income	296,000	154,000	-
Gains from disposal of medallions	22,000	0	-
Change in fair value of warrant liability	4,000	41,000	-
Total other (expense) income	1,634,000	-1,610,000	-29,123
Income (loss) before provision for income taxes	393,000	1,946,000	-595,681
Provision for income taxes	1,686,000	49,283,000	-
Net income (loss)	-1,293,000	-47,337,000	-
Net income (loss) attributable to non-controlling interest	440,000	655,000	-
Net income (loss) attributable to mcc	-1,733,000	-47,992,000	-

Earnings per share, basic	-0.02	-0.65	0
Earnings per share, diluted	-0.02	-0.65	0
Weighted average number of shares outstanding, basic	73,914,402	73,071,330	0
Weighted average number of shares outstanding, diluted	73,914,402	73,071,330	0