Marblegate Capital Cash Flow 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
Net Income	-44.95	9.36	-0.02
Depreciation & Amortization	3.33	1.88	-
Loss (Gain) From Sale of Assets	-0.09	-0.1	-
Loss (Gain) From Sale of Investments	-8.62	-3.17	-
Other Operating Activities	56.11	0.14	-
Change in Other Net Operating Assets	-4.62	2.16	0.02
Operating Cash Flow	1.17	10.27	-
Operating Cash Flow Growth	-88.61%	-	-
Capital Expenditures	-38.9	-1.1	-
Cash Acquisitions	-15.78	-	-
Sale (Purchase) of Intangibles	0.43	0.01	-
Other Investing Activities	8	-	-
Investing Cash Flow	-36.11	11.18	-
Long-Term Debt Issued	42.22	-	-
Long-Term Debt Repaid	-13.47	-	-
Net Debt Issued (Repaid)	28.75	-	-
Common Dividends Paid	-	-22.5	-
Other Financing Activities	-3.14	-	-
Financing Cash Flow	25.61	-22.5	-
Net Cash Flow	-9.33	-1.06	-
Free Cash Flow	-37.73	9.17	-
Free Cash Flow Margin	-77.75%	43.64%	-
Free Cash Flow Per Share	-0.53	0.15	-
Levered Free Cash Flow	-40.81	-	-
Unlevered Free Cash Flow	-40.8	-	-
Change in Working Capital	-4.62	2.16	0.02

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