Marblegate Capital Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Revenue	29.29	-	-
Other Revenue	19.24	21	-
Revenue	48.53	21	-
Revenue Growth (YoY)	131.06%	-	-
Gross Profit	48.53	21	-
Selling, General & Admin	38.15	12.49	0.02
Other Operating Expenses	6.25	0.54	-
Operating Expenses	47.72	14.92	0.02
Operating Income	0.81	6.08	-0.02
Interest Expense	-0.01	-	-
Other Non Operating Income (Expenses)	9.19	3.17	-
EBT Excluding Unusual Items	9.99	9.25	-0.02
Gain (Loss) on Sale of Assets	0.09	0.1	-
Pretax Income	10.08	9.36	-0.02
Income Tax Expense	54.14	-	-
Earnings From Continuing Operations	-44.06	9.36	-0.02
Minority Interest in Earnings	-0.89	-	-
Net Income	-44.95	9.36	-0.02
Net Income to Common	-44.95	9.36	-0.02
Shares Outstanding (Basic)	71	63	-
Shares Outstanding (Diluted)	71	63	-
Shares Change (YoY)	12.78%	-	-
EPS (Basic)	-0.63	0.15	-
EPS (Diluted)	-0.63	0.15	-
Free Cash Flow	-37.73	9.17	-
Free Cash Flow Per Share	-0.53	0.15	-
Gross Margin	100.00%	100.00%	-
Operating Margin	1.67%	28.97%	-
Profit Margin	-92.61%	44.54%	-
Free Cash Flow Margin	-77.75%	43.64%	-
EBITDA	4.14	7.97	-
EBITDA Margin	8.53%	37.94%	-
D&A For EBITDA	3.33	1.88	-
EBIT	0.81	6.08	-0.02
EBIT Margin	1.67%	28.97%	-
Effective Tax Rate	537.21%	-	-
Revenue as Reported	48.53	21	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.