For the quarter ending 2026-03-31, MLCIL had -$70,846K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net income (loss) | -5,970 | -60,847 |
| Net realized (gains) losses on investments | -1,546 | -3,386 |
| Net realized (gains) losses on foreign currency | - | -5 |
| Net change in unrealized (gains) losses on investments | -12,036 | 11,776 |
| Net change in unrealized (gains) losses on foreign currency | 0 | 37 |
| Change in fair value of debt obligation | 0 | -1,339 |
| Payment in-kind interest | 217 | -5,393 |
| Equity investment earnings | 362 | 1,023 |
| Amortization of debt issuance costs | 72 | 504 |
| Amortization of deferred acquisition costs | 708 | 3,126 |
| Amortization of intangible assets | 444 | 3,572 |
| Impairment of intangible assets | - | 11,406 |
| Net amortization of premiums and accretion of discounts on investments | 82 | 287 |
| Equity based compensation | 0 | 1,969 |
| Increase (decrease) in estimated credit losses | -4,540 | 3,924 |
| Gain on reverse acquisition of business | - | 4,457 |
| Goodwill impairment | - | 25,504 |
| Write-off of unamortized debt issuance costs | 472 | - |
| Reinsurance recoverable | 1,154 | -5,756 |
| Change in deferred acquisition costs | 35 | 3,393 |
| Distributions from equity method investments | 652 | 1,314 |
| Other assets-Consolidated Entity Excluding Variable Interest Entities VIE | 2,942 | -3,804 |
| Other assets-Variable Interest Entity Primary Beneficiary | -31 | -93 |
| Purchases of investments by consolidated vies | -35,368 | -92,146 |
| Proceeds from sale of investments by consolidated vies | -22,280 | -96,296 |
| Due to related parties | 942 | 1,373 |
| Future policy benefits | -11,361 | -20,993 |
| Interest sensitive contract liabilities | 4,289 | 16,075 |
| Funds held under reinsurance contracts | -6,156 | -2,775 |
| Accrued expenses and other liabilities | -121 | 4,180 |
| Net cash used in operating activities | -24,402 | -22,179 |
| Purchases of investments | 141,741 | 303,818 |
| Proceeds received from reverse acquisition of business | - | 36,794 |
| Proceeds from sales and repayments of investments | 104,327 | 317,880 |
| Net cash provided by (used in) investing activities | -37,414 | 50,856 |
| Shareholder dividends | - | 1,620 |
| Repurchase of common shares | 15,438 | 1,434 |
| Proceeds from borrowings of asset management business | 40,000 | 2,500 |
| Repayments of borrowings of asset management business | 23,500 | 2,132 |
| Financing costs paid and deferred | 2,284 | 0 |
| Proceeds from borrowings of insurance business | 0 | 3,000 |
| Deposits on investment-type policies and contracts | - | 42,996 |
| Withdrawals on investment-type policies and contracts | 7,808 | 29,966 |
| Net cash provided by (used in) financing activities | -9,030 | 13,344 |
| Net increase (decrease) in cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated vies | -70,846 | 42,021 |
| Cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated vies, beginning of the period | 143,725 | 101,704 |
| Cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated vies, end of period | 72,879 | 143,725 |
Mount Logan Capital Inc. (MLCIL)
Mount Logan Capital Inc. (MLCIL)