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MLCI

Mount Logan Capital Inc. Common Stock

MLCI

Mount Logan Capital Inc. Common Stock • NASDAQ
$7.77 ▲ 0.13% (+0.01)
Market Cap $222.74 M
52w High $8.74
52w Low $3.15
Dividend Yield 0.12%
P/E -3.32
Volume 20.76K
Outstanding Shares 28.67M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $11.439M ▼ $4.544M ▼ $-13.436M ▼ -117.458% ▼ $-0.47 ▼ $1.047M ▲
Q2-2025 $53.599M ▲ $10.602M ▼ $-3.37M ▲ -6.287% ▲ $-0.12 ▲ $232K ▼
Q1-2025 $51.962M ▲ $12.033M ▲ $-13.323M ▼ -25.64% ▼ $-0.48 ▼ $6.718M ▼
Q4-2024 $25.998M ▼ $11.385M ▲ $6.559M ▲ 25.229% ▲ $0.24 ▲ $12.37M ▲
Q3-2024 $70.359M $6.993M $-17.644M -25.077% $-0.68 $-15.368M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $22.283M ▼ $1.641B ▼ $1.51B ▼ $131.243M ▲
Q2-2025 $235.845M ▲ $1.729B ▲ $1.683B ▲ $45.806M ▼
Q1-2025 $217.404M ▲ $1.704B ▲ $1.655B ▲ $48.901M ▼
Q4-2024 $203.742M ▼ $1.69B ▼ $1.632B ▼ $57.223M ▲
Q3-2024 $212.74M $1.767B $1.716B $50.929M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-13.436M ▼ $-58.023M ▼ $72.887M ▲ $13.509M ▲ $29.334M ▲ $-58.023M ▼
Q2-2025 $-3.37M ▲ $31.568M ▲ $-35.452M ▼ $-678K ▼ $-4.562M ▼ $31.568M ▲
Q1-2025 $-13.323M ▼ $4.835M ▲ $29.694M ▲ $2.101M ▼ $36.63M ▲ $4.835M ▲
Q4-2024 $6.559M ▲ $-23.975M ▼ $1.341M ▼ $11.209M ▲ $-11.425M ▼ $-23.975M ▼
Q3-2024 $-17.644M $-3.596M $17.401M $-1.726M $12.104M $-3.596M

Five-Year Company Overview

Income Statement

Income Statement Mount Logan is still relatively small and in growth mode, but its earnings profile is moving in the right direction overall. Revenue has grown from a very low base, and profitability has been quite volatile, swinging between healthy profits and a recent loss before returning to a modest profit in the latest year. That pattern suggests a business still being built out, where acquisition costs, integration expenses, and investment in new capabilities can meaningfully move the bottom line from year to year. The most recent figures show that the core operations can be profitable, but the track record is short and lumpy, so earnings quality and consistency are key watch points.

Balance Sheet

Balance Sheet There is very limited disclosed balance sheet detail in the data provided, which makes it hard to judge leverage, liquidity, or capital buffers with precision. Qualitatively, the business model leans on an insurance subsidiary and a recent merger to provide a larger capital base and a stronger U.S. platform. The de‑risking of legacy long‑term care exposure should reduce some tail risk on the liability side, and the partnership and merger activity likely increased scale and diversification. However, without clear figures on debt, cash, and equity, any view on balance sheet strength carries meaningful uncertainty, and up‑to‑date filings would be important for a deeper assessment.

Cash Flow

Cash Flow Cash flow information is not available in the provided data, so it is unclear how well accounting profits translate into actual cash generation. Conceptually, the combination of fee‑based asset management and spread‑based insurance earnings can create steady, recurring cash flows once scale is reached, but it can also involve upfront costs, capital commitments, and restructuring outlays, especially around mergers and portfolio clean‑up. Given the company’s earnings volatility and expansion efforts, cash flows may also be uneven from year to year, and the quality, timing, and sustainability of cash inflows versus outflows remain open questions based on the data provided.

Competitive Edge

Competitive Edge Mount Logan is positioning itself as a niche, hybrid player at the crossroads of private credit asset management and annuity reinsurance. Its competitive edge rests on several pillars: the integrated model where insurance capital supports credit strategies; a strategic relationship with a large alternative investment firm that boosts deal sourcing and credibility; and a recent merger that increases scale and improves access to U.S. capital markets. The focus on middle‑market lending and business development company consolidation targets areas where banks are less active and specialized managers can add value. The main competitive risks are intense competition from larger alternative asset managers, the need to prove out performance and integration after the merger, and regulatory or market shocks affecting either credit or insurance.

Innovation and R&D

Innovation and R&D Innovation here is more about financial structure and analytics than traditional research and development. The company is innovating by tightly integrating its asset management and insurance platforms, using the insurance business as a long‑term funding engine for its credit strategies. It has taken a data‑driven stance, highlighted by appointing a Chief Analytics Officer to deepen risk modeling, portfolio optimization, and decision support. On the insurance side, it has actively reshaped its book by reinsuring away more volatile legacy risks and focusing on more predictable annuity reinsurance. Looking ahead, planned expansion into new credit strategies, growth‑oriented lending, and more sophisticated data analytics all point to a steady, incremental innovation path rather than headline‑grabbing technology breakthroughs.

Summary

Mount Logan is an emerging, hybrid financial firm blending private credit asset management with insurance and annuity reinsurance. The income statement shows a business coming off a small base with improving but still choppy profitability, reflecting both opportunity and execution risk. Balance sheet and cash‑flow visibility are limited in the data provided, so any view of financial strength should be treated as tentative and supplemented with current disclosures. Competitively, the company’s differentiated model, strategic partnership, and merger‑driven scale give it interesting positioning in niche credit and insurance markets, but it operates in a fiercely competitive space dominated by much larger players. Its innovation lies in structure and data analytics rather than technology per se, with a clear focus on using an integrated, risk‑managed platform to drive recurring earnings. Overall, Mount Logan appears to be in a build‑out phase: strategically promising with multiple growth levers, but still needing to demonstrate durable, consistent financial performance over time.

NEWS

November 13, 2025 · 5:30 PM UTC

Mount Logan Capital Inc. Announces Third Quarter 2025 Financial Results

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November 12, 2025 · 8:00 AM UTC

Mount Logan Capital Inc. Schedules Release of Third Quarter 2025 Results

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September 12, 2025 · 11:47 PM UTC

Early Warning Report of Mount Logan Capital Inc. (formerly Yukon New Parent, Inc.) in connection with the Closing of the Strategic Business Combination

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