The Company is a Delaware corporation incorporated in 2000. MGT was originally incorporated in Utah in 1977. MGT’s corporate office is in Melbourne, Florida. Cryptocurrency Mining Business Industry Summary Bitcoin is a world–recognized cryptocurrency, which can be traded and converted into major fiat currencies on cryptocurrency exchanges. Cryptocurrencies are a medium of exchange that are transacted through and recorded on a decentralized distributed ledger system, called the “Blockchain.” The Blockchain is built by a chronological addition of transactions, which are grouped into blocks. Each new block requires a mathematical problem to be solved before it can be confirmed and added to the Blockchain. The processing power used to solve these mathematical problems is measured by Hash Rate or Hashes per second (“H/s”). The complexity of these problems, also referred to as mining difficulty, increases with the network’s growing Hash Rate.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 157K | - | - | - | 883K | - |
| Net Income | -421K | 5.5M | -6.1M | -6.0M | -1.5M | -3.9M |
| EPS | $-0.01 | $0.00 | $-0.01 | $-0.01 | $-0.00 | $-0.01 |
| Free Cash Flow | 0 | -547K | -778K | -2.2M | -1.4M | -1.0M |
| ROIC | -1858.7% | -116.2% | -121.5% | -118.7% | -49.2% | -7837.3% |
| Gross Margin | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt/Equity | 0.00 | -0.76 | -0.00 | -0.11 | 0.00 | 0.02 |
| Dividends/Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | -847K | -1.1M | -1.4M | -2.5M | -1.8M | -2.9M |
| Operating Margin | -539.5% | - | - | - | -202.4% | - |
| ROE | 0.0% | - | - | - | -136.3% | -791.6% |
| Shares Outstanding | 4,341M | 4,341M | 4,341M | 598M | 724M | 389M |
MGT CAPITAL INVESTMENTS, INC. passes 0 of 9 quality checks, indicating weak fundamentals.
MGT CAPITAL INVESTMENTS, INC. (MGTI) has a 5-year average return on invested capital (ROIC) of -101.4%. This is below average and may indicate limited pricing power.
MGT CAPITAL INVESTMENTS, INC. (MGTI) has a market capitalization of $7M. It is classified as a small-cap stock.
MGT CAPITAL INVESTMENTS, INC. (MGTI) does not currently pay a regular dividend.
MGT CAPITAL INVESTMENTS, INC. (MGTI) operates in the Finance Services industry, within the Financials sector.
MGT CAPITAL INVESTMENTS, INC. (MGTI) generated $-547 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
The Ledger Terminal provides 15 years of financial data for MGT CAPITAL INVESTMENTS, INC. (MGTI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MGT CAPITAL INVESTMENTS, INC. (MGTI) has a book value per share of $-0.00, based on its most recent annual SEC filing.
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