NASDAQ : MLCI
Mount Logan Capital Inc. — Financial statements
Financials · Asset Management · United States
Last price 3.4 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 38.04M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Mount Logan Capital Inc. (MLCI) reported revenue of 31.18M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 42.80M | 36.23M | 42.58M | 88.78M | 56.56M | 9.90M |
| Total Interest Expense | 9.61M | 9.35M | 8.31M | 45.62M | 31.43M | 2.86M |
| Net Interest Income | 33.20M | 26.88M | 34.27M | 43.16M | 25.13M | 7.04M |
| Asset Management Fee | 8.46M | 11.14M | 14.33M | 9.22M | 5.20M | 4.74M |
| Underwriting & Investment Banking Fee | 864.00K | 798.00K | ||||
| Gain on Sale of Investments (Rev) | -3.62M | 6.22M | -8.21M | 28.92M | -106.86M | -1.15M |
| Other Revenue | -7.72M | -825.00K | 1.09M | 32.21M | 146.40M | -1.91M |
| Revenue | 31.18M | 44.22M | 41.48M | 113.51M | 69.88M | 8.72M |
| Cost of Services Provided | 46.74M | 44.27M | 38.43M | 134.26M | 146.40M | -25.13M |
| Other Operating Expenses | 6.86M | 13.85M | 4.88M | -10.77M | -127.89M | 385.00K |
| Total Operating Expenses | 69.97M | 76.23M | 49.07M | 124.46M | 19.07M | -23.96M |
| Operating Income | -38.80M | -32.01M | -7.59M | -10.95M | 50.81M | 32.67M |
| Other Non-Operating Income (Expenses) | 2.56M | 2.08M | 1.52M | |||
| EBT Excluding Unusual Items | -36.23M | -29.93M | -6.08M | -10.95M | 50.81M | 32.67M |
| Merger & Restructuring Charges | -2.24M | -9.50M | -2.17M | -4.85M | -2.06M | -1.80M |
| Impairment of Goodwill | -25.50M | -25.50M | ||||
| Gain (Loss) on Sale of Investments | -1.00M | 2.02M | -1.53M | |||
| Other Unusual Items | 3.98M | 4.46M | ||||
| Pretax Income | -61.00M | -58.46M | -9.78M | -15.79M | 48.75M | 30.87M |
| Income Tax Expense | 2.36M | 2.39M | 606.00K | 663.00K | 430.00K | 2.14M |
| Net Income | -63.35M | -60.85M | -10.39M | -16.46M | 48.32M | 28.73M |
| Net Income to Common | -63.35M | -60.85M | -10.39M | -16.46M | 48.32M | 28.73M |
| Shares Outstanding (Basic) | 11.00M | 8.60M | 6.11M | 5.67M | 5.26M | 4.40M |
| Shares Outstanding (Diluted) | 11.00M | 8.60M | 6.11M | 5.67M | 5.33M | 4.42M |
| EPS (Basic) | -5.76 | -7.08 | -1.70 | -2.90 | 9.19 | 6.53 |
| EPS (Diluted) | -5.76 | -7.08 | -1.70 | -2.91 | 9.08 | 6.50 |
| Dividend Per Share | 0.15 | 0.21 | 0.25 | 0.26 | 0.26 | 0.27 |
| Operating Margin | -124.45% | -72.40% | -18.30% | -9.64% | 72.71% | 374.87% |
| Profit Margin | -203.22% | -137.62% | -25.04% | -14.50% | 69.15% | 329.62% |
| Effective Tax Rate | 0.88% | 6.94% | ||||
| Revenue as Reported | 11.58M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 80.67M | 133.75M | 85.99M | 90.22M | 65.90M | 44.17M |
| Trading Asset Securities | 494.00K | |||||
| Accounts Receivable | 2.60M | 1.39M | 1.18M | |||
| Other Receivables | 23.87M | 19.79M | 40.19M | 27.94M | 22.91M | 19.18M |
| Property, Plant & Equipment | 405.00K | 560.00K | ||||
| Goodwill | 31.19M | 31.19M | 56.70M | 55.02M | 55.02M | 55.02M |
| Other Intangible Assets | 12.29M | 13.40M | 28.38M | 31.22M | 23.95M | 24.50M |
| Investments in Debt & Equity Securities | 1.10B | 1.10B | 1.06B | 1.04B | 902.14M | 907.12M |
| Restricted Cash | 11.64M | 9.97M | 15.72M | 53.00K | 135.00K | |
| Other Current Assets | 824.00K | 776.00K | 575.00K | 113.00K | 372.00K | 449.00K |
| Long-Term Deferred Tax Assets | 2.30M | 1.82M | 1.56M | 943.00K | ||
| Other Long-Term Assets | 278.93M | 282.62M | 268.00M | 444.30M | 470.95M | 340.56M |
| Total Assets | 1.55B | 1.60B | 1.56B | 1.69B | 1.54B | 1.39B |
| Accounts Payable | 5.09M | 6.50M | 13.09M | 24.33M | 5.29M | |
| Accrued Expenses | 9.69M | 13.12M | 8.09M | 20.52M | 3.65M | 3.64M |
| Short-Term Debt | 3.48M | 6.89M | 5.19M | |||
| Current Portion of Long-Term Debt | 1.00M | 1.35M | 1.19M | 1.02M | ||
| Other Current Liabilities | 13.53M | 11.84M | 10.47M | 12.11M | 1.11M | |
| Long-Term Debt | 109.06M | 88.00M | 89.21M | 74.93M | 54.23M | 43.94M |
| Long-Term Leases | 408.00K | 572.00K | ||||
| Long-Term Unearned Revenue | 1.41M | |||||
| Other Long-Term Liabilities | 1.35B | 1.38B | 1.34B | 1.51B | 1.40B | 1.25B |
| Total Liabilities | 1.49B | 1.51B | 1.46B | 1.64B | 1.48B | 1.31B |
| Common Stock | 11.00K | 13.00K | 6.00K | 115.61M | 108.06M | 108.06M |
| Additional Paid-In Capital | 161.71M | 177.10M | 123.89M | 7.24M | 7.24M | 7.24M |
| Retained Earnings | -131.56M | -120.75M | -58.28M | -50.17M | -32.30M | -9.26M |
| Comprehensive Income & Other | 30.60M | 34.59M | 38.47M | -20.73M | -20.73M | -20.73M |
| Shareholders' Equity | 60.76M | 90.96M | 104.08M | 51.95M | 62.27M | 85.31M |
| Total Liabilities & Equity | 1.55B | 1.60B | 1.56B | 1.69B | 1.54B | 1.39B |
| Total Debt | 113.54M | 95.30M | 94.98M | 76.28M | 55.42M | 44.96M |
| Net Cash (Debt) | -32.87M | 38.95M | -8.99M | 13.94M | 10.48M | -792.00K |
| Net Cash Per Share | -2.99 | 4.53 | -1.47 | 2.46 | 1.97 | -0.18 |
| Filing Date Shares Outstanding | 11.19M | 11.20M | 6.79M | 6.10M | 5.26M | 5.26M |
| Total Common Shares Outstanding | 11.19M | 12.79M | 6.13M | 6.10M | 5.26M | 5.26M |
| Working Capital | 84.20M | 126.43M | 118.72M | 73.80M | 60.34M | 55.16M |
| Book Value Per Share | 5.43 | 7.11 | 16.97 | 8.52 | 11.85 | 16.23 |
| Tangible Book Value | 17.28M | 46.36M | 19.00M | -34.29M | -16.69M | 5.79M |
| Tangible Book Value Per Share | 1.54 | 3.63 | 3.10 | -5.62 | -3.18 | 1.10 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -63.35M | -60.85M | -10.39M | -16.46M | 48.32M | 28.73M |
| Depreciation & Amortization, Total | 1.89M | 3.57M | 1.75M | 972.00K | 559.00K | 787.00K |
| Gain (Loss) On Sale of Investments | 10.10M | -8.68M | 7.60M | -28.96M | 106.61M | -251.00K |
| Stock-Based Compensation | 1.41M | 1.97M | 468.00K | |||
| Change in Other Net Operating Assets | -27.43M | 9.58M | -42.77M | 145.28M | -35.03M | -79.07M |
| Other Operating Activities | -9.50M | -11.22M | -2.34M | -86.00K | -85.00K | -895.00K |
| Operating Cash Flow | -46.70M | -22.18M | -37.77M | 101.29M | 118.80M | -56.47M |
| Cash Acquisitions | 36.79M | 36.79M | 123.21M | |||
| Sale (Purchase) of Intangibles | -10.60M | |||||
| Investment in Securities | -5.40M | 14.06M | -26.50M | -93.33M | -106.10M | -23.95M |
| Investing Cash Flow | 31.39M | 50.86M | -26.50M | -93.33M | -106.10M | 88.66M |
| Long-Term Debt Issued | 5.50M | 31.60M | 21.50M | 11.87M | 64.19M | |
| Long-Term Debt Repaid | -2.13M | -17.41M | -3.45M | -1.62M | -80.54M | |
| Net Debt Issued (Repaid) | 17.48M | 3.37M | 14.19M | 18.05M | 10.25M | -16.35M |
| Issuance of Common Stock | 5.97M | |||||
| Repurchase of Common Stock | -16.90M | -1.43M | ||||
| Common Dividends Paid | -1.48M | -1.62M | -1.51M | -1.41M | -1.37M | -1.22M |
| Other Financing Activities | -25.26M | 13.03M | 63.06M | -297.00K | -137.00K | -356.00K |
| Financing Cash Flow | -26.16M | 13.34M | 75.75M | 16.34M | 8.74M | -11.95M |
| Foreign Exchange Rate Adjustments | -25.00K | 211.00K | -220.00K | |||
| Net Cash Flow | -41.47M | 42.02M | 11.48M | 24.27M | 21.65M | 20.02M |
| Cash Interest Paid | 7.57M | 6.77M | 4.83M | 5.20M | 3.96M | 2.27M |
| Cash Income Tax Paid | 128.00K | 307.00K | 828.00K | 917.00K | 1.05M | 1.98M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 38.04M | 106.82M | 43.83M | 29.23M | 54.37M | 71.01M |
| Last Close Price | 3.40 | 8.03 | 6.76 | 4.36 | 9.10 | 11.63 |
| PE Ratio | 1.12 | 2.47 | ||||
| PS Ratio | 1.22 | 2.42 | 1.06 | 0.26 | 0.78 | 8.15 |
| PB Ratio | 0.63 | 1.17 | 0.42 | 0.56 | 0.87 | 0.83 |
| P/OCF Ratio | 0.29 | 0.46 | ||||
| Debt / Equity Ratio | 1.87 | 1.05 | 0.91 | 1.47 | 0.89 | 0.53 |
| Net Debt / Equity Ratio | 0.54 | -0.43 | 0.09 | -0.27 | -0.17 | 0.01 |
| Asset Turnover | 0.02 | 0.03 | 0.03 | 0.07 | 0.05 | 0.01 |
| Quick Ratio | 3.19 | 4.02 | 5.31 | 2.57 | 2.98 | 6.48 |
| Current Ratio | 3.57 | 4.30 | 6.00 | 2.57 | 2.99 | 6.54 |
| Return on Equity (ROE) | -118.90% | -62.40% | -13.31% | -28.81% | 65.49% | 44.72% |
| Return on Assets (ROA) | -3.87% | -3.85% | -0.64% | -1.02% | 3.29% | 3.87% |
| Return on Invested Capital (ROIC) | -21.98% | -16.62% | -4.64% | -8.90% | 40.62% | 28.57% |
| Earnings Yield | -169.44% | -56.96% | -23.70% | -56.30% | 88.88% | 40.46% |
| Dividend Yield | 3.53% | 2.51% | 3.49% | 5.37% | 2.53% | 2.00% |
| Payout Ratio | 2.83% | 4.25% | ||||
| Buyback Yield / Dilution | -71.83% | -40.64% | -7.80% | -6.46% | -20.53% | -59.08% |
| Total Shareholder Return | -68.30% | -38.12% | -4.31% | -1.09% | -18.00% | -57.08% |