MARBLEGATE CAP CORP WTS (MGTEW) Financials
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 MGTEW SEC filings page.
MARBLEGATE CAP CORP WTS (MGTEW) 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).
Revenue expansion was absorbed by a much larger cost base, while a tax charge disconnected reported earnings from operating cash generation.
In FY2025, the tax expense of$54.1M was vastly larger than operating income of$809K , producing a net loss of-$44.9M even as operating cash flow remained positive at$1.2M . That gap indicates the reported loss was driven primarily by the tax charge rather than by cash-consuming day-to-day operations, although the filings do not establish the charge’s precise cash or non-cash character.
Revenue more than doubled to
The balance sheet moved from nearly debt-free financing in FY2024 to
Financial Health Signals
MARBLEGATE CAP CORP WTS 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 CAP CORP WTS 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), both operating efficiency signals pass.
MARBLEGATE CAP CORP WTS 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 CAP CORP WTS 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 CAP CORP WTS 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 CAP CORP WTS'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. Against the prior quarter it is down 7.3%.
MARBLEGATE CAP CORP WTS reported -$4.3M in net income in Q2 2026. This represents an increase of 91.1% from the same quarter a year earlier. Against the prior quarter it is down 268.7%.
MARBLEGATE CAP CORP WTS earned -$0.06 per diluted share (EPS) in Q2 2026. This represents an increase of 90.8% from the same quarter a year earlier. Against the prior quarter it is down 200.0%.
Cash & Balance Sheet
MARBLEGATE CAP CORP WTS recorded an outflow of $5.2M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 12.1% from the same quarter a year earlier. Against the prior quarter it is up 23.7%.
MARBLEGATE CAP CORP WTS held $7.3M in cash against $44.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
MARBLEGATE CAP CORP WTS'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 CAP CORP WTS'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 CAP CORP WTS's ROE was -0.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. 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 CAP CORP WTS 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.
MGTEW 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-Q | 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% | $117K | N/A | $142K |
| Operating Income | -$4.3M-220.9% | -$3.5M-290.8% | -$616K | -$1.2M-167.2% | $3.6M+196.3% | -$890K | N/A | $1.8M |
| EBITDA | -$2.0M-147.0% | -$1.9M-439.3% | $627K | -$463K-120.0% | $4.3M+160.3% | -$351K | N/A | $2.3M |
| Interest Expense | $925K | $819K | N/A | N/A | $0 | $0 | N/A | N/A |
| Income Tax | -$559K-101.1% | -$2.9M | $3.2M | $1.7M | $49.3M | $0 | N/A | $0 |
| Net Income | -$4.3M+91.1% | -$1.2M+68.5% | $8.5M | -$1.7M-119.2% | -$48.0M-1988.0% | -$3.7M | N/A | $9.0M |
| EPS (Basic) | -$0.06+90.8% | -$0.02+66.7% | $0.12+300.0% | -$0.02-114.3% | -$0.65-1725.0% | -$0.06 | -$0.06 | $0.14 |
| EPS (Diluted) | -$0.06+90.8% | -$0.02+66.7% | $0.12+300.0% | -$0.02-114.3% | -$0.65-1725.0% | -$0.06 | -$0.06 | $0.14 |
| Diluted Shares (Avg) | 74M+1.2% | 74M+17.4% | N/A | 74M+17.4% | 73M+16.1% | 63M | N/A | 63M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
MGTEW 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $704.9M+6.8% | $706.5M | $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% | $35.2M | $35.2M | $39.6M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $37.2M | N/A | N/A | N/A | $0 | N/A |
| Total Equity | $486.5M+0.3% | $490.7M+320549.1% | $491.9M-25.3% | $483.4M-27.9% | $485.2M-26.6% | -$153K-790.5% | $658.4M | $670.1M |
| Retained Earnings | $198.7M+0.7% | $202.9M+132622.3% | $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.
MGTEW 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.2M-11.6% | -$6.8M-481.5% | $2.3M+479.0% | $1.7M-50.6% | -$4.7M-173.2% | $1.8M | $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% | $61K | -$20.5M+6014.0% | $20.7M+6081.8% | $20K | $0 | -$335K | $335K |
| Free Cash Flow | -$5.2M-12.1% | -$6.9M-484.9% | -$18.2M-28047.7% | -$19.0M-700.1% | -$4.7M | $1.8M | $65K | $3.2M |
| Investing Cash Flow | -$1.3M+77.5% | -$9.6M-437.0% | -$24.3M-995.3% | -$4.4M-172.7% | -$5.6M | -$1.8M | $2.7M | $6.0M |
| Financing Cash Flow | $8.0M+168.3% | -$2.4M | $37.3M+597.1% | -$26K | -$11.7M | $0 | -$7.5M | $0 |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
MGTEW 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-Q | 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%-1.7pp | -9.9%-10.3pp | N/A | N/A | 1.4% |
| 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 | 0.090.0x | 0.07 | 0.08+0.1x | 0.15 | 0.14 | N/A | 0.00 | 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 CAP CORP WTS Ranks
Frequently Asked Questions
What is MARBLEGATE CAP CORP WTS's annual revenue?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS's revenue growing?
MARBLEGATE CAP CORP WTS (MGTEW) revenue grew by 131.1% year-over-year, from $21.0M to $48.5M in fiscal year 2025.
Is MARBLEGATE CAP CORP WTS profitable?
No, MARBLEGATE CAP CORP WTS (MGTEW) reported a net income of -$44.9M in fiscal year 2025, with a net profit margin of -92.6%.
What is MARBLEGATE CAP CORP WTS's EBITDA?
MARBLEGATE CAP CORP WTS (MGTEW) had EBITDA of $4.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does MARBLEGATE CAP CORP WTS have?
As of fiscal year 2025, MARBLEGATE CAP CORP WTS (MGTEW) had $25.3M in cash and equivalents against $37.2M in long-term debt.
What is MARBLEGATE CAP CORP WTS's operating margin?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS's net profit margin?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS's return on equity (ROE)?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS's free cash flow?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS's operating cash flow?
MARBLEGATE CAP CORP WTS (MGTEW) generated $1.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are MARBLEGATE CAP CORP WTS's total assets?
MARBLEGATE CAP CORP WTS (MGTEW) had $713.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are MARBLEGATE CAP CORP WTS's capital expenditures?
MARBLEGATE CAP CORP WTS (MGTEW) invested $247K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is MARBLEGATE CAP CORP WTS's current ratio?
MARBLEGATE CAP CORP WTS (MGTEW) had a current ratio of 1.96 as of fiscal year 2025, which is generally considered healthy.
What is MARBLEGATE CAP CORP WTS's debt-to-equity ratio?
MARBLEGATE CAP CORP WTS (MGTEW) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is MARBLEGATE CAP CORP WTS's return on assets (ROA)?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS's Piotroski F-Score?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS's earnings high quality?
MARBLEGATE CAP CORP WTS (MGTEW) 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 CAP CORP WTS cover its interest payments?
MARBLEGATE CAP CORP WTS (MGTEW) 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.