Mount Logan Cap Inc Financials
This page shows Mount Logan Cap Inc (MLCI) financial statements, including the 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).
Thin equity supporting a very large asset base makes small asset-level losses hit shareholders disproportionately hard.
In FY2025, liabilities funded about94.3% of assets, so a-3.8% return on assets translated into a much harsher-66.9% return on equity. At the same time, the net loss widened to-$60.8M from-$10.4M even as operating cash outflow improved to-$22.2M from-$37.8M , indicating accounting results deteriorated far more than cash generation.
The reported debt-to-equity ratio fell to 0.8x in FY2025 from 14.0x in FY2024, but that understates the real balance-sheet load: total liabilities still stood at
Cash discipline improved but did not turn positive: operating cash use narrowed to
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Mount Logan Cap Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Mount Logan Cap Inc's revenue grew 7.6% year-over-year to $53.6M, a solid pace of expansion. This earns a growth score of 46/100.
Mount Logan Cap Inc carries a low D/E ratio of 0.84, meaning only $0.84 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.
Mount Logan Cap Inc generates a -66.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -10.0% the prior year.
Mount Logan Cap Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Mount Logan Cap Inc generates $0.36 in operating cash flow (-$22.2M OCF vs -$60.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Mount Logan Cap Inc generated $53.6M in revenue in fiscal year 2025. This represents an increase of 7.6% from the prior year.
Mount Logan Cap Inc reported -$60.8M in net income in fiscal year 2025. This represents a decrease of 485.8% from the prior year.
Mount Logan Cap Inc earned $-7.08 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 316.5% from the prior year.
Cash & Balance Sheet
Mount Logan Cap Inc paid $0.21 per share in dividends in fiscal year 2025. This represents a decrease of 12.5% from the prior year.
Mount Logan Cap Inc had 13M shares outstanding in fiscal year 2025. This represents an increase of 108.5% from the prior year.
Margins & Returns
Mount Logan Cap Inc's net profit margin was -113.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 92.7 percentage points from the prior year.
Mount Logan Cap Inc's ROE was -66.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 56.9 percentage points from the prior year.
Capital Allocation
Mount Logan Cap Inc spent $1.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
MLCI Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|
| Revenue | N/A | $11.4M | N/A | N/A | $12.7M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | $2.0M | N/A | N/A | $1.7M |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$13.4M | N/A | N/A | -$2.4M |
| EPS (Diluted) | N/A | $-1.64 | N/A | N/A | $-0.40 |
MLCI Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|
| Total Assets | $1.6B-2.5% | $1.6B+1546.0% | $99.7M-93.6% | $1.6B | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | N/A | N/A | $0 | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $30.2M | N/A | N/A | $55.7M | N/A |
| Total Liabilities | $1.5B0.0% | $1.5B | $0-100.0% | $1.5B | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $76.3M+3.9% | $73.4M | N/A | N/A | N/A |
| Total Equity | $91.0M-30.7% | $131.2M+31.6% | $99.7M-4.2% | $104.1M-3.6% | $107.9M |
| Retained Earnings | -$120.7M-49.8% | -$80.6M | N/A | -$58.3M | N/A |
MLCI Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|
| Operating Cash Flow | $3.5M | N/A | N/A | -$15.9M | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$20.2M | N/A | N/A | -$4.3M | N/A |
| Financing Cash Flow | -$1.4M | N/A | N/A | $8.8M | N/A |
| Dividends Paid | $384K-10.1% | $427K | N/A | $373K-0.5% | $375K |
| Share Buybacks | $0 | N/A | N/A | $0 | N/A |
MLCI Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | -117.5% | N/A | N/A | -19.1% |
| Return on Equity | N/A | -10.2% | N/A | N/A | -2.3% |
| Return on Assets | N/A | -0.8% | N/A | N/A | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.84+0.3 | 0.56+0.6 | 0.00-14.0 | 14.01 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Mount Logan Cap Inc's annual revenue?
Mount Logan Cap Inc (MLCI) reported $53.6M in total revenue for fiscal year 2025. This represents a 7.6% 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 Mount Logan Cap Inc's revenue growing?
Mount Logan Cap Inc (MLCI) revenue grew by 7.6% year-over-year, from $49.8M to $53.6M in fiscal year 2025.
Is Mount Logan Cap Inc profitable?
No, Mount Logan Cap Inc (MLCI) reported a net income of -$60.8M in fiscal year 2025, with a net profit margin of -113.6%.
What is Mount Logan Cap Inc's net profit margin?
Mount Logan Cap Inc (MLCI) had a net profit margin of -113.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Mount Logan Cap Inc pay dividends?
Yes, Mount Logan Cap Inc (MLCI) paid $0.21 per share in dividends during fiscal year 2025.
What is Mount Logan Cap Inc's return on equity (ROE)?
Mount Logan Cap Inc (MLCI) has a return on equity of -66.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Mount Logan Cap Inc's operating cash flow?
Mount Logan Cap Inc (MLCI) generated -$22.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Mount Logan Cap Inc's total assets?
Mount Logan Cap Inc (MLCI) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Mount Logan Cap Inc's debt-to-equity ratio?
Mount Logan Cap Inc (MLCI) had a debt-to-equity ratio of 0.84 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mount Logan Cap Inc's return on assets (ROA)?
Mount Logan Cap Inc (MLCI) had a return on assets of -3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Mount Logan Cap Inc's Piotroski F-Score?
Mount Logan Cap Inc (MLCI) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 Mount Logan Cap Inc's earnings high quality?
Mount Logan Cap Inc (MLCI) has an earnings quality ratio of 0.36x, considered low quality (accrual-driven). 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.
How financially healthy is Mount Logan Cap Inc?
Mount Logan Cap Inc (MLCI) scores 22 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.