Financial insights of MGTE

MyFinsight

For the year ending 2025-12-31, MGTE made $48,532K in revenue. -$44,947K in net income. Net profit margin of -92.61%.

Income Statement	2025-12-31
Total revenue	48,532
General and administrative	17,547
Professional fees	10,133
Fleet servicing fees, net	6,247
Service fee expense	4,536
Management fee expense - related party	5,929
Depreciation expense	3,331
Total operating expenses	47,723
Income from operations	809
Gains on loans held for investment, net	8,615
Wav grant income	555
Gains from disposal of medallions	88
Change in fair value of warrant liability	21
Interest expense	10
Total other income	9,269
Income before provision for income taxes	10,078
Provision for income taxes	54,140
Net income (loss)	-44,062
Net income attributable to non-controlling interest	885
Net income (loss) attributable to common stockholders	-44,947

Basic EPS	-0.63
Diluted EPS	-0.63
Basic Average Shares	71,001,761
Diluted Average Shares	71,001,761