Marblegate Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Revenue	38.02	29.29	-	-
Other Revenue	20.04	19.24	21	-
Revenue	58.07	48.53	21	-
Revenue Growth (YoY)	185.80%	131.06%	-	-
Gross Profit	50.77	48.53	21	-
Selling, General & Admin	42.9	38.15	12.49	0.02
Other Operating Expenses	6.25	6.25	0.54	-
Operating Expenses	52.55	47.72	14.92	0.02
Operating Income	-1.78	0.81	6.08	-0.02
Interest Expense	-0.83	-0.01	-	-
Other Non Operating Income (Expenses)	11.88	9.19	3.17	-
EBT Excluding Unusual Items	9.27	9.99	9.25	-0.02
Gain (Loss) on Sale of Assets	0.09	0.09	0.1	-
Pretax Income	9.36	10.08	9.36	-0.02
Income Tax Expense	51.22	54.14	-	-
Earnings From Continuing Operations	-41.86	-44.06	9.36	-0.02
Minority Interest in Earnings	-0.57	-0.89	-	-
Net Income	-42.42	-44.95	9.36	-0.02
Net Income to Common	-42.42	-44.95	9.36	-0.02
Shares Outstanding (Basic)	74	71	63	-
Shares Outstanding (Diluted)	74	71	63	-
Shares Change (YoY)	17.14%	12.78%	-	-
EPS (Basic)	-0.58	-0.63	0.15	-
EPS (Diluted)	-0.58	-0.63	0.15	-
Free Cash Flow	-52.65	-37.73	9.17	-
Free Cash Flow Per Share	-0.71	-0.53	0.15	-
Gross Margin	87.44%	100.00%	100.00%	-
Operating Margin	-3.06%	1.67%	28.97%	-
Profit Margin	-73.06%	-92.61%	44.54%	-
Free Cash Flow Margin	-90.67%	-77.75%	43.64%	-
EBITDA	2.6	4.14	7.97	-
EBITDA Margin	4.47%	8.53%	37.94%	-
D&A For EBITDA	4.38	3.33	1.88	-
EBIT	-1.78	0.81	6.08	-0.02
EBIT Margin	-3.06%	1.67%	28.97%	-
Effective Tax Rate	547.13%	537.21%	-	-
Revenue as Reported	58.07	48.53	21	-