MMCP
Mag Mile Capital, Inc.0.1600
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
16.01MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
10-Q
Q2 FY2025 results
Mag Mile Capital's revenue fell 44.1% year-over-year to $706,875 in Q2 FY2025 ended June 30, 2025, while gross margin dropped sharply to $293,074 from $734,022, reflecting fewer deals amid higher interest rates; six-month revenue declined 17.2% to $1,487,375 with gross margin at $549,154 versus $934,111 last year. Operating expenses climbed 42.0% to $356,465, driven by payroll bonuses and non-cash stock consulting, yielding an operating loss of $63,391 against prior profit—net loss hit $65,584, matching closely after minor interest. Cash swelled to $343,390 on $287,906 operating inflows, but a $93,704 working capital deficit lingers alongside $450,000 total debt including a $300,000 related-party loan at undisclosed terms. No M&A or non-GAAP metrics disclosed in the 10-Q. Customer concentration risks persist, with three clients fueling 62.7% of Q2 revenue.
10-Q
Q1 FY2025 results
Mag Mile Capital swung to a $9,714 net profit in Q1 2025 ended March 31, up from a $65,776 loss a year earlier, fueled by revenue jumping 46.5% y/y to $780,500 on new CMBS loans while gross margin climbed to $256,080. Operating income flipped positive at $11,907 from a $63,583 loss, though net edged lower by $2,193 interest; the slim gap reflects steady other expenses. Cash swelled to $140,134 with $84,650 from operations, offset by $55,000 in related-party loans, yet a $35,860 working capital deficit signals tight liquidity amid $150,000 SBA debt at 3.75%. Revenue concentrated on two customers at 20.2% and 18.9%. Warrants offer growth runway. Competition from bigger players could squeeze margins.
10-K
FY2024 results
Mag Mile Capital posted FY2024 revenue of $2.05 million, up 6.9% from $1.92 million in 2023, fueled by large CMBS loans in the second half that boosted gross profit to $658K from $438K. Yet operating losses narrowed to $275K from $3.1 million, thanks to vanishing stock-based compensation and slashed professional fees. Second-half momentum shone through, with revenue surging on CMBS originations while related-party commissions dropped 23% under a revised 55% structure. Cash dwindled to $484 amid $211K operating burn, offset by $155K in related-party financing, leaving a $60K working capital deficit. No annual guidance disclosed. Cybersecurity threats loom, potentially disrupting loan processing.
10-Q
Q3 FY2024 results
Mag Mile Capital's Q3 revenue fell 32.4% y/y to $254,550, pressured by election uncertainty and rising rates that slowed deal flow, while gross margin flipped to a $212,497 loss from $237,981 profit amid higher commission payouts including a $93,125 client rebate. Yet YTD revenue surged 37.6% y/y to $2,051,443 on new CMBS loans, yielding $721,614 gross profit and trimming net loss to $35,428 from $2,759,098, thanks to slashed professional fees and no warrant expenses. Cash dwindled to $15,630 after $60,592 operating burn, offset by related-party loans netting $20,000; total debt held at $150,000 SBA loan plus $110,000 related-party. No free cash flow disclosed in the 10-Q. Customer concentration risks persist, with 73.2% of Q3 revenue from one client.
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