1.Sales and profit
See section β- Mount Logan Capital Inc. had $53.6M of revenue in fiscal 2025, up 7.6% on the year before.
- Mount Logan Capital Inc. lost $60.8M in fiscal 2025.
Mount Logan Capital Inc.
MLCI Nasdaq Investment Advice Financials FY2024βFY2025
Mount Logan Capital Inc. had $53.6M of revenue in fiscal 2025, up 7.6% on the year before.
Last close Β· Oct 23, 2026
$3.21
0.9%KIRAβs summary AI analyst
Hi! I read Mount Logan Capital Inc.βs latest annual report (fiscal 2025). Here is what stands out:
1 strength 1 to watch
2.Cash and shareholders
See section β- Mount Logan Capital Inc. returned $3.1M to shareholders in fiscal 2025. The diluted share count rose 40.6%.
- In the last 12 months, insiders bought $0.0M of shares on the open market and sold none.
Mount Logan Capital Inc. in 30 seconds
Good So-so Weak
Good
Are sales growing?
+7.6%
Yes. Sales grew 7.6% last year.
Weak
Does it make a profit?
β113.6%
No. It lost money last year.
For information
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
$35.9M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
On β$6.80 EPS (TTM)
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Revenue and margins
KIRA Β· Mount Logan Capital Inc. had $53.6M of revenue in fiscal 2025, up 7.6% on the year before.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
FY24
Revenue $49.8M
FY25
Revenue $53.6M
Revenue
Q3 '24
Revenue $12.7M
Q4 '24
Revenue $9.0M
Q1 '25
Revenue $15.1M
Q2 '25
Revenue $17.1M
Q3 '25
Revenue $11.4M
Q4 '25
Revenue $9.9M
Q1 '26
Revenue $10.6M
Q2 '26
Revenue $8.7M
Margins, % of revenue
FY24
Gross β
Operating β
Net β20.9%
FCF β
FY25
Gross β
Operating β
Net β113.6%
FCF β
Gross
Operating
Net
FCF
Margins, % of revenue
Q3 '24
Gross β
Operating β
Net β19.1%
FCF β
Q4 '24
Gross β
Operating β
Net β88.7%
FCF β
Q1 '25
Gross β
Operating β
Net β44.6%
FCF β
Q2 '25
Gross β
Operating β
Net β5.5%
FCF β
Q3 '25
Gross β
Operating β
Net β117.5%
FCF β
Q4 '25
Gross β
Operating β
Net β399.8%
FCF β
Q1 '26
Gross β
Operating β
Net β56.1%
FCF β
Q2 '26
Gross β
Operating β
Net β47.8%
FCF β
Gross
Operating
Net
FCF
Net income and earnings per share
KIRA Β· Mount Logan Capital Inc. lost $60.8M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
FY24
Net income β$10.4M
FY25
Net income β$60.8M
Net income
Q3 '24
Net income β$2.4M
Q4 '24
Net income β$8.0M
Q1 '25
Net income β$6.7M
Q2 '25
Net income β$0.9M
Q3 '25
Net income β$13.4M
Q4 '25
Net income β$39.8M
Q1 '26
Net income β$6.0M
Q2 '26
Net income β$4.2M
Diluted EPS
FY24
Diluted EPS β$1.70
FY25
Diluted EPS β$7.08
Diluted EPS
Q3 '24
Diluted EPS β$0.40
Q4 '24
Diluted EPS β
Q1 '25
Diluted EPS β$1.02
Q2 '25
Diluted EPS β$0.14
Q3 '25
Diluted EPS β$1.64
Q4 '25
Diluted EPS β$4.28
Q1 '26
Diluted EPS β$0.51
Q2 '26
Diluted EPS β$0.37
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
FY24
Free cash flow β
FY25
Free cash flow β
Cash from operations vs capital spending
FY24
Cash from operations β$37.8M
Capital spending β
FY25
Cash from operations β$22.2M
Capital spending β
Cash from operations
Capital spending
Cash from operations vs capital spending
Q3 '24
Cash from operations β
Capital spending β
Q4 '24
Cash from operations β$15.9M
Capital spending β
Q1 '25
Cash from operations β$7.8M
Capital spending β
Q2 '25
Cash from operations $0.8M
Capital spending β
Q3 '25
Cash from operations β$18.6M
Capital spending β
Q4 '25
Cash from operations $3.5M
Capital spending β
Q1 '26
Cash from operations β$24.4M
Capital spending β
Q2 '26
Cash from operations β$7.1M
Capital spending β
Cash from operations
Capital spending
Dividends, buybacks and share count
KIRA Β· Mount Logan Capital Inc. returned $3.1M to shareholders in fiscal 2025. The diluted share count rose 40.6%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
FY24
Dividends $1.5M
Buybacks $0.0M
FY25
Dividends $1.6M
Buybacks $1.4M
Dividends
Buybacks
Dividends and buybacks
Q3 '24
Dividends β
Buybacks β
Q4 '24
Dividends $0.4M
Buybacks $0.0M
Q1 '25
Dividends β
Buybacks $0.0M
Q2 '25
Dividends β
Buybacks $0.0M
Q3 '25
Dividends $0.4M
Buybacks $1.4M
Q4 '25
Dividends $0.4M
Buybacks $0.0M
Q1 '26
Dividends β
Buybacks $15.4M
Q2 '26
Dividends β
Buybacks $0.0M
Dividends
Buybacks
Diluted shares outstanding (annual)
FY24
Diluted shares 0.01B
FY25
Diluted shares 0.01B
Insider trades
KIRA Β· In the last 12 months, insiders bought $0.0M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
4 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 2, 2026 | Brandon SatorenChief Financial Officer | Bought | 1,000 | $3.24 | $0.0M | Form 4 |
| Aug 20, 2026 | Brandon SatorenChief Financial Officer | Bought | 500 | $3.20 | $0.0M | Form 4 |
| Aug 19, 2026 | David HeldChief Compliance Officer | Bought | 946 | $3.39 | $0.0M | Form 4 |
| Aug 18, 2026 | Brandon SatorenChief Financial Officer | Bought | 1,000 | $3.02 | $0.0M | Form 4 |
| Aug 17, 2026 | Brandon SatorenChief Financial Officer | Bought | 1,000 | $3.13 | $0.0M | Form 4 |
| Jun 22, 2026 | Edward J. GoldthorpeChief Executive Officer, Director | Bought | 7,970 | $2.77 | $0.0M | Form 4 |
| May 26, 2026 | Jordan MangumChief Operating Officer | Bought | 2,115 | $3.43 | $0.0M | Form 4 |
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
Cash, debt and the ratios that show how comfortably Mount Logan Capital Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
FY24
Cash β
Debt β
FY25
Cash β
Debt $76.3M
Cash
Debt
| Fiscal year end | FY24 | FY25 |
|---|---|---|
| Debt incl. finance leases | β | $76.3M |
| Debt / equity | β | 0.8x |
| Total assets | $1.6B | $1.6B |
| Total liabilities | $1.5B | $1.5B |
| Shareholders' equity | $104M | $91.0M |
| Net debt (β = net cash) | β | β |
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
FY24
Return on capital β
Return on equity β10.0%
Return on assets β0.7%
FY25
Return on capital β
Return on equity β62.4%
Return on assets β3.8%
Return on capital
Return on equity
Return on assets
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY24 | FY25 |
|---|---|---|
| Net income is positive | β | β |
| Cash from operations is positive | β | β |
| Return on assets rose | β | β |
| Cash from operations exceeds net income | β | β |
| Debt fell relative to assets | β | β |
| Current ratio rose | β | β |
| Share count didn't rise | β | β |
| Gross margin rose | β | β |
| Revenue rose relative to assets | β | β |
| F-score | β / 3 | β / 6 |
| Accruals ratio | 1.8% | β2.4% |
| Altman Z'' | β | β |
All figures
Every number, year by year.
2 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Income statement | ||
| Revenue | $49.8M | $53.6M |
| Interest expense | $7.0M | $7.8M |
| Pretax income | β$9.8M | β$58.5M |
| Net income | β$10.4M | β$60.8M |
| Diluted EPS | β$1.70 | β$7.08 |
| Diluted shares | 0.01B | 0.01B |
| Cash flow | ||
| Cash from operations | β$37.8M | β$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 | β | $76.3M |
| Goodwill | $55.7M | $30.2M |
| Intangible assets | β | $2.8M |
| Total assets | $1.6B | $1.6B |
| Total liabilities | $1.5B | $1.5B |
| Shareholders' equity | $104M | $91.0M |
| Margins | ||
| Net margin | β20.9% | β113.6% |
| Returns | ||
| Return on equity | β10.0% | β62.4% |
| Return on assets | β0.7% | β3.8% |
| Return on tangible equity | β21.5% | β104.9% |
| Growth | ||
| Revenue growth | β | 7.6% |
| Share count change | β | 40.6% |
| Financial health | ||
| Debt / equity | β | 0.8x |
| Capital allocation | ||
| Stock comp / revenue | 0.9% | 3.7% |
| Quality scores | ||
| Accruals ratio | 1.8% | β2.4% |
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 β not investment advice. Check the original filings before relying on any figure.