MARBLEGATE CAPITAL CORP (MGTE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MGTE SEC filings page.
MARBLEGATE CAPITAL CORP (MGTE) reported $57.0M in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The reported asset base expanded modestly, but FY2025 turned a prior profit into a large loss as liabilities rose sharply.
Assets increased from$673.0M to$713.0M , while liabilities climbed from$14.6M to$116.8M , so the balance-sheet change came mainly through added obligations rather than broad asset expansion. Equity then fell to$491.9M as earnings swung to a net loss of$44.9M , showing that the larger liability base coincided with substantial loss absorption.
The reported figures describe an asset-heavy financial structure: revenue reached
FY2025 accounting earnings and cash generation moved in different directions. Although the company reported a net loss of
Financial Health Signals
MARBLEGATE CAPITAL CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
MARBLEGATE CAPITAL CORP scores 0.81, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
MARBLEGATE CAPITAL CORP passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) passes.
MARBLEGATE CAPITAL CORP reported a net loss of $44.9M while generating $1.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
MARBLEGATE CAPITAL CORP earns $80.90 in operating income for every $1 of interest expense ($809K vs $10K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
MARBLEGATE CAPITAL CORP generated $16.7M in revenue in Q2 2026. This represents a decrease of 6.1% from the same quarter a year earlier. Against the prior quarter it is up 18.1%.
MARBLEGATE CAPITAL CORP's EBITDA was -$2.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 147.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
MARBLEGATE CAPITAL CORP reported a net loss of $4.3M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
MARBLEGATE CAPITAL CORP earned -$0.06 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
MARBLEGATE CAPITAL CORP recorded an outflow of $5.2M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
MARBLEGATE CAPITAL CORP held $7.3M in cash against $44.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
MARBLEGATE CAPITAL CORP's operating margin was -25.8% in Q2 2026, reflecting core business profitability. This is down 45.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
MARBLEGATE CAPITAL CORP's net profit margin was -25.6% in Q2 2026, showing the share of revenue converted to profit. Against the prior quarter it is down 17.4 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
MARBLEGATE CAPITAL CORP's quarterly ROE was -0.9% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 9.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Not reported for Q2 2026.
Capital Allocation
MARBLEGATE CAPITAL CORP invested $42K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 110.0% from the same quarter a year earlier. Against the prior quarter it is down 31.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
MGTE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.7M-6.1% | $14.1M+207.7% | $14.2M | $12.0M+119.9% | $17.8M+245.7% | $4.6M | N/A | $5.4M |
| SG&A Expenses | $2.9M-8.2% | $2.8M+2316.2% | $8.6M | $5.6M+3872.5% | $3.1M+3078.8% | $117Kn/m | N/A | $142K |
| Operating Income | -$4.3M-220.9% | -$3.5Mn/m | -$616K | -$1.2M-167.2% | $3.6M+196.3% | -$890Kn/m | N/A | $1.8M |
| EBITDA | -$2.0M-147.0% | -$1.9Mn/m | $627K | -$463K-120.0% | $4.3M+160.3% | -$351K | N/A | $2.3M |
| Interest Expense | $925Kn/m | $819Kn/m | N/A | N/A | $0 | $0 | N/A | N/A |
| Income Tax | -$559K-101.1% | -$2.9Mn/m | $3.2M | $1.7Mn/m | $49.3Mn/m | $0 | N/A | $0 |
| Net Income | -$4.3Mn/m | -$1.2Mn/m | $8.5M | -$1.7M-119.2% | -$48.0M-1988.0% | -$3.7Mn/m | N/A | $9.0M |
| EPS (Basic) | -$0.06n/m | -$0.02n/m | $0.12n/m | -$0.02-114.3% | -$0.65-1725.0% | -$0.06n/m | -$0.06 | $0.14 |
| EPS (Diluted) | -$0.06n/m | -$0.02n/m | $0.12n/m | -$0.02-114.3% | -$0.65-1725.0% | -$0.06n/m | -$0.06 | $0.14 |
| Diluted Shares (Avg) | 74M+1.2% | 74M+17.4% | N/A | 74M+17.4% | 73M+16.1% | 63Mn/m | N/A | 63M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
MGTE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $704.9M+6.8% | $706.5Mn/m | $713.0M+5.9% | $663.5M | $660.1M | $0 | $673.0M | N/A |
| Current Assets | $21.7M-6.9% | $21.7M | $37.2M+1.6% | $21.6M | $23.3M | N/A | $36.6M | N/A |
| Cash & Equivalents | $7.3M-44.9% | $5.5M-84.3% | $25.3M-28.0% | $10.6M-73.3% | $13.3M-55.8% | $35.2Mn/m | $35.2M | $39.6M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 |
| Total Liabilities | $116.7M+72.6% | $112.8M+73549.8% | $116.8M+700.3% | $72.4M | $67.6M | $153K | $14.6M | N/A |
| Current Liabilities | $15.7M+23.4% | $18.9M | $19.0M+93.0% | $15.6M | $12.7M | N/A | $9.9M | N/A |
| Non-Current Liabilities | $101.1M+84.0% | $93.9M | $97.7M+1964.6% | $56.8M | $54.9M | N/A | $4.7M | N/A |
| Long-Term Debt | $44.0M | $35.8M | $37.2Mn/m | N/A | N/A | N/A | $0 | N/A |
| Total Equity | $486.5M+0.3% | $490.7Mn/m | $491.9M-25.3% | $483.4M | $485.2M | -$153Kn/m | $658.4M | N/A |
| Retained Earnings | $198.7M+0.7% | $202.9Mn/m | $204.1M-18.0% | $195.6M | $197.4M | -$153K | $249.1M | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
MGTE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.2Mn/m | -$6.8M-481.5% | $2.3M+479.0% | $1.7M-50.6% | -$4.7M-173.2% | $1.8Mn/m | $400K | $3.5M |
| Depreciation & Amortization | $2.3M+194.0% | $1.6M+194.1% | $1.2M+150.6% | $778K+68.0% | $771K+66.9% | $539K | $496K | $463K |
| Capital Expenditures | $42K+110.0% | $61Kn/m | -$20.5M+6014.0% | $20.7M+6081.8% | $20K | $0 | -$335K | $335K |
| Free Cash Flow | -$5.2Mn/m | -$6.9M-484.9% | -$18.2M-28047.7% | -$19.0M-700.1% | -$4.7M | $1.8M | $65K | $3.2M |
| Investing Cash Flow | -$1.3Mn/m | -$9.6Mn/m | -$24.3M-995.3% | -$4.4M-172.7% | -$5.6M | -$1.8M | $2.7M | $6.0M |
| Financing Cash Flow | $8.0Mn/m | -$2.4Mn/m | $37.3Mn/m | -$26Kn/m | -$11.7M | $0 | -$7.5M | $0 |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
MGTE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -25.8%-45.8pp | -24.6%-5.2pp | -4.3% | -10.4%-44.3pp | 20.0%-3.3pp | -19.4% | N/A | 34.0% |
| Net Margin | -25.6% | -8.2%+72.1pp | 59.5% | -14.5% | -270.3% | -80.3% | N/A | 165.8% |
| Return on Equity | -0.9%+9.0pp | -0.2% | 1.7% | -0.4% | -9.9% | N/A | N/A | N/A |
| Return on Assets | -0.6%+6.7pp | -0.2% | 1.2% | -0.3% | -7.3% | N/A | N/A | N/A |
| Current Ratio | 1.38-0.5x | 1.15 | 1.96-1.8x | 1.38 | 1.83 | N/A | 3.72 | N/A |
| Debt-to-Equity | 0.09 | 0.07 | 0.08+0.1x | N/A | N/A | N/A | 0.00 | N/A |
| Liabilities-to-Equity | 0.24+0.1x | 0.23 | 0.24+0.2x | 0.15 | 0.14 | N/A | 0.02 | N/A |
| Asset Turnover | 0.020.0x | 0.02 | 0.02 | 0.02 | 0.03 | N/A | N/A | N/A |
| FCF Margin | -31.4%-5.1pp | -48.7%-87.6pp | -127.7% | -158.7% | -26.4% | 38.9% | N/A | 58.1% |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
Where MARBLEGATE CAPITAL CORP Ranks
Frequently Asked Questions
What is MARBLEGATE CAPITAL CORP's annual revenue?
MARBLEGATE CAPITAL CORP (MGTE) reported $48.5M in total revenue for fiscal year 2025. This represents a 131.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is MARBLEGATE CAPITAL CORP's revenue growing?
MARBLEGATE CAPITAL CORP (MGTE) revenue grew by 131.1% year-over-year, from $21.0M to $48.5M in fiscal year 2025.
Is MARBLEGATE CAPITAL CORP profitable?
Yes, MARBLEGATE CAPITAL CORP (MGTE) reported a net income of $1.3M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $44.9M, with a net profit margin of -92.6%.
What is MARBLEGATE CAPITAL CORP's EBITDA?
MARBLEGATE CAPITAL CORP (MGTE) had EBITDA of $4.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does MARBLEGATE CAPITAL CORP have?
As of fiscal year 2025, MARBLEGATE CAPITAL CORP (MGTE) had $25.3M in cash and equivalents against $37.2M in long-term debt.
What is MARBLEGATE CAPITAL CORP's operating margin?
MARBLEGATE CAPITAL CORP (MGTE) had an operating margin of 1.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is MARBLEGATE CAPITAL CORP's net profit margin?
MARBLEGATE CAPITAL CORP (MGTE) had a net profit margin of -92.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is MARBLEGATE CAPITAL CORP's return on equity (ROE)?
MARBLEGATE CAPITAL CORP (MGTE) has a return on equity of -9.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is MARBLEGATE CAPITAL CORP's free cash flow?
MARBLEGATE CAPITAL CORP (MGTE) generated $922K in free cash flow during fiscal year 2025. This represents a -91.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is MARBLEGATE CAPITAL CORP's operating cash flow?
MARBLEGATE CAPITAL CORP (MGTE) generated $1.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are MARBLEGATE CAPITAL CORP's total assets?
MARBLEGATE CAPITAL CORP (MGTE) had $713.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are MARBLEGATE CAPITAL CORP's capital expenditures?
MARBLEGATE CAPITAL CORP (MGTE) invested $247K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is MARBLEGATE CAPITAL CORP's current ratio?
MARBLEGATE CAPITAL CORP (MGTE) had a current ratio of 1.96 as of fiscal year 2025, which is generally considered healthy.
What is MARBLEGATE CAPITAL CORP's debt-to-equity ratio?
MARBLEGATE CAPITAL CORP (MGTE) had a debt-to-equity ratio of 0.08 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is MARBLEGATE CAPITAL CORP's liabilities-to-equity ratio?
MARBLEGATE CAPITAL CORP (MGTE) had a liabilities-to-equity ratio of 0.24 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is MARBLEGATE CAPITAL CORP's return on assets (ROA)?
MARBLEGATE CAPITAL CORP (MGTE) had a return on assets of -6.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is MARBLEGATE CAPITAL CORP's P/E ratio?
MARBLEGATE CAPITAL CORP (MGTE) trades at 46.1x earnings, its market capitalization divided by $1.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $59.6M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MARBLEGATE CAPITAL CORP's price-to-sales ratio?
MARBLEGATE CAPITAL CORP (MGTE) trades at 1.0x sales, its market capitalization divided by $57.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $59.6M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MARBLEGATE CAPITAL CORP's Altman Z-Score?
MARBLEGATE CAPITAL CORP (MGTE) has an Altman Z-Score of 0.81, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is MARBLEGATE CAPITAL CORP's Piotroski F-Score?
MARBLEGATE CAPITAL CORP (MGTE) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are MARBLEGATE CAPITAL CORP's earnings high quality?
MARBLEGATE CAPITAL CORP (MGTE) reported a net loss of $44.9M while generating $1.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can MARBLEGATE CAPITAL CORP cover its interest payments?
MARBLEGATE CAPITAL CORP (MGTE) has an interest coverage ratio of 80.90x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.