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MGT CAPITAL INVESTMENTS, INC. (MGTI)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
Total revenues   [+]0.80.91.40.52.03.10.30.1
            Revenue growth   [+]-8.4%-38.4%218.7%-77.8%-35.2%901.3%201.0%10.6%
Cost of goods sold  1.60.91.70.54.21.50.20.0
Gross profit  -0.70.0-0.3-0.1-2.21.60.10.1
            Gross margin  -92.3%-2.6%-20.5%-13.3%-106.5%52.1%33.2%95.2%
Selling, general and administrative   [+]1.71.82.67.412.922.617.93.3
Research and development      0.00.30.3 
Other operating expenses   -0.20.4-0.60.0-0.41.4 
EBITDA   [+]-2.3-0.9-2.1-6.7-11.8-19.8-19.3-3.0
            EBITDA margin  -282.9%-98.1%-148.3%-1496.0%-583.0%-632.5%-6155.9%-2839.4%
Depreciation  0.20.71.10.23.30.90.10.0
EBITA  -2.5-1.5-3.2-6.9-15.1-20.8-19.4-3.0
            EBITA margin  -307.2%-174.5%-225.2%-1533.8%-745.1%-662.7%-6196.2%-2852.9%
Amortization of intangibles       0.20.10.2
EBIT   [+]-2.5-1.5-3.2-6.9-15.1-20.9-19.5-3.2
            EBIT margin  -307.2%-174.5%-225.2%-1533.8%-745.1%-668.0%-6222.7%-3071.2%
Non-recurring items   [+] 0.2-0.40.68.80.70.8 
Interest expense, net   [+]0.00.30.30.00.00.4  
Other income (expense), net   [+]-3.50.6-0.7-1.30.6-28.4-4.6-0.7
Pre-tax income  -6.0-1.5-3.9-8.8-23.3-50.4-24.8-3.9
Income taxes  0.00.00.00.00.00.0-0.30.9
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%1.3% 
Minority interest        -0.3 
Net income  -6.0-1.5-3.9-9.8-25.8-50.4-24.5-4.8
            Net margin  -738.9%-174.3%-271.1%-2174.7%-1270.8%-1609.2%-7834.8%-4597.1%
   
Basic EPS   [+]($0.01)$0.00($0.01)($0.04)($0.35)($1.34)($1.08)($0.34)
Diluted EPS   [+]($0.01)$0.00($0.01)($0.04)($0.35)($1.34)($1.08)($0.34)
   
Shares outstanding (basic)   [+]664.0558.5473.8257.173.137.722.713.9
Shares outstanding (diluted)   [+]664.0558.5473.8257.173.137.722.713.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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