Mount Logan Capital Inc.
MLCI Nasdaq Investment Advice Financials FY2024–FY2025
What Mount Logan Capital Inc. does
No business description yet.
- Legal name
- Mount Logan Capital Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 19, 2026
- Accession · CIK
- 0002051820-26-000039
0002051820
Revenue and margins
Mount Logan Capital Inc. had $53.6M of revenue in fiscal 2025, up 7.6% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was — in fiscal 2025, — of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Mount Logan Capital Inc. returned $3.1M to shareholders in fiscal 2025. The diluted share count rose 40.6%.
Balance sheet
Cash, debt and the ratios that show how comfortably Mount Logan Capital Inc. can carry it.
| Fiscal year end | FY24 | FY25 |
|---|---|---|
| Debt incl. finance leases | — | $76.3M |
| Debt / equity | — | 0.8x |
| Total assets | $1.6B | $1.6B |
| Total liabilities | $1.5B | $1.5B |
| Shareholders' equity | $104M | $91.0M |
| Net debt (− = net cash) | — | — |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY24 | FY25 |
|---|---|---|
| Net income is positive | ✕ | ✕ |
| Cash from operations is positive | ✕ | ✕ |
| Return on assets rose | — | ✕ |
| Cash from operations exceeds net income | ✕ | ✓ |
| Debt fell relative to assets | — | — |
| Current ratio rose | — | — |
| Share count didn't rise | — | ✕ |
| Gross margin rose | — | — |
| Revenue rose relative to assets | — | ✓ |
| F-score | — / 3 | — / 6 |
| Accruals ratio | 1.8% | −2.4% |
| Altman Z'' | — | — |
2 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Income statement | ||
| Revenue | $49.8M | $53.6M |
| Interest expense | $7.0M | $7.8M |
| Pretax income | −$9.8M | −$58.5M |
| Net income | −$10.4M | −$60.8M |
| Diluted EPS | −$1.70 | −$7.08 |
| Diluted shares | 0.01B | 0.01B |
| Cash flow | ||
| Cash from operations | −$37.8M | −$22.2M |
| Stock-based compensation | $0.5M | $2.0M |
| Share buybacks | $0.0M | $1.4M |
| Dividends paid | $1.5M | $1.6M |
| Dividends and buybacks | $1.5M | $3.1M |
| Balance sheet | ||
| Total debt | — | $76.3M |
| Goodwill | $55.7M | $30.2M |
| Intangible assets | — | $2.8M |
| Total assets | $1.6B | $1.6B |
| Total liabilities | $1.5B | $1.5B |
| Shareholders' equity | $104M | $91.0M |
| Margins | ||
| Net margin | −20.9% | −113.6% |
| Returns | ||
| Return on equity | −10.0% | −62.4% |
| Return on assets | −0.7% | −3.8% |
| Return on tangible equity | −21.5% | −104.9% |
| Growth | ||
| Revenue growth | — | 7.6% |
| Share count change | — | 40.6% |
| Financial health | ||
| Debt / equity | — | 0.8x |
| Capital allocation | ||
| Stock comp / revenue | 0.9% | 3.7% |
| Quality scores | ||
| Accruals ratio | 1.8% | −2.4% |
Source: SEC EDGAR XBRL filings (CIK 0002051820). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.