For the quarter ending 2026-03-31, MLCI had -$70,846K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | -5,970 | -39,772 | -21,075 |
| Net realized (gains) losses on investments | -1,546 | -689 | -2,697 |
| Net realized (gains) losses on foreign currency | - | -38 | 33 |
| Net change in unrealized (gains) losses on investments | -12,036 | 560 | 11,216 |
| Net change in unrealized (gains) losses on foreign currency | 0 | 37 | 0 |
| Change in fair value of debt obligation | 0 | 0 | -1,339 |
| Payment in-kind interest | 217 | -5,574 | 181 |
| Equity investment earnings | 362 | 218 | 805 |
| Amortization of debt issuance costs | 72 | 127 | 377 |
| Amortization of deferred acquisition costs | 708 | 737 | 2,389 |
| Amortization of intangible assets | 444 | 469 | 3,103 |
| Impairment of intangible assets | - | 3,438 | 7,968 |
| Net amortization of premiums and accretion of discounts on investments | 82 | 503 | -216 |
| Equity based compensation | 0 | 0 | 1,969 |
| Increase (decrease) in estimated credit losses | -4,540 | 4,284 | -360 |
| Gain on reverse acquisition of business | - | 0 | 4,457 |
| Due from related parties | - | - | 0 |
| Goodwill impairment | - | 25,504 | - |
| Write-off of unamortized debt issuance costs | 472 | - | - |
| Reinsurance recoverable | 1,154 | 2,183 | -7,939 |
| Change in deferred acquisition costs | 35 | 0 | 3,393 |
| Distributions from equity method investments | 652 | 0 | 1,314 |
| Other assets-Consolidated Entity Excluding Variable Interest Entities VIE | 2,942 | -4,850 | 1,046 |
| Other assets-Variable Interest Entity Primary Beneficiary | -31 | 426 | -519 |
| Purchases of investments by consolidated vies | -35,368 | -26,073 | -66,073 |
| Proceeds from sale of investments by consolidated vies | -22,280 | -35,222 | -61,074 |
| Due to related parties | 942 | 3,555 | -2,182 |
| Future policy benefits | -11,361 | -2,466 | -18,527 |
| Interest sensitive contract liabilities | 4,289 | 4,106 | 11,969 |
| Funds held under reinsurance contracts | -6,156 | -6,473 | 3,698 |
| Accrued expenses and other liabilities | -121 | 4,727 | -547 |
| Net cash used in operating activities | -24,402 | 3,461 | -25,640 |
| Purchases of investments | 141,741 | 85,098 | 218,720 |
| Proceeds received from reverse acquisition of business | - | 0 | 36,794 |
| Proceeds from sales and repayments of investments | 104,327 | 64,936 | 252,944 |
| Net cash provided by (used in) investing activities | -37,414 | -20,162 | 71,018 |
| Shareholder dividends | - | 384 | 1,236 |
| Repurchase of common shares | 15,438 | 0 | 1,434 |
| Proceeds from borrowings of asset management business | 40,000 | 2,500 | 0 |
| Repayments of borrowings of asset management business | 23,500 | 132 | 2,000 |
| Financing costs paid and deferred | 2,284 | 0 | - |
| Proceeds from borrowings of insurance business | 0 | 0 | 3,000 |
| Deposits on investment-type policies and contracts | - | 0 | 42,996 |
| Withdrawals on investment-type policies and contracts | 7,808 | 3,374 | 26,592 |
| Net cash provided by (used in) financing activities | -9,030 | -1,390 | 14,734 |
| Net increase (decrease) in cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated vies | -70,846 | -18,091 | 60,112 |
| Cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated vies, beginning of the period | 143,725 | 161,815 | 101,703 |
| Cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated vies, end of period | 72,879 | 143,725 | 161,815 |
Mount Logan Capital Inc. (MLCI)
Mount Logan Capital Inc. (MLCI)