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Marblegate Acquisition (GATEU) Financials

Marblegate Acquisition logo
$30.28 0.00 (0.00%)
As of 09/4/2026
Annual Income Statements for Marblegate Acquisition

Annual Income Statements for Marblegate Acquisition

This table shows Marblegate Acquisition's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
-0.27 1.23 -5.39 -2.39
Consolidated Net Income / (Loss)
-0.27 1.23 -5.39 -2.39
Net Income / (Loss) Continuing Operations
-0.27 1.23 -5.39 -2.39
Total Pre-Tax Income
-0.27 1.87 -5.31 -2.32
Total Operating Income
-0.50 -1.67 -5.75 -2.57
Total Gross Profit
0.00 0.00 0.00 0.00
Total Revenue
0.00 0.00 0.00 0.00
Total Cost of Revenue
0.00 0.00 0.00 0.00
Total Operating Expenses
0.50 1.67 5.75 2.57
Other Operating Expenses / (Income)
0.50 1.67 5.75 2.57
Total Other Income / (Expense), net
0.24 3.54 0.44 0.25
Interest & Investment Income
0.04 3.31 0.43 0.25
Other Income / (Expense), net
0.20 0.23 0.01 -0.01
Income Tax Expense
0.00 0.64 0.08 0.07
Basic Earnings per Share
$0.02 $0.06 ($0.90) ($0.40)
Weighted Average Basic Shares Outstanding
17.99M 38.91M 12.09M 11.77M
Diluted Earnings per Share
$0.02 $0.06 ($0.90) ($0.40)
Weighted Average Diluted Shares Outstanding
17.99M 38.91M 12.09M 11.77M

Quarterly Income Statements for Marblegate Acquisition

This table shows Marblegate Acquisition's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
0.90 0.33 -2.48 -1.03 -0.89 -0.99 -0.67 -0.47 -0.57 -0.68
Consolidated Net Income / (Loss)
0.90 0.33 -2.48 -1.03 -0.89 -0.99 -0.67 -0.47 -0.57 -0.68
Net Income / (Loss) Continuing Operations
0.90 0.33 -2.48 -1.03 -0.89 -0.99 -0.67 -0.47 -0.57 -0.68
Total Pre-Tax Income
1.18 0.69 -2.46 -1.02 -0.87 -0.97 -0.66 -0.46 -0.53 -0.67
Total Operating Income
-0.25 -0.94 -2.51 -1.18 -0.96 -1.09 -0.73 -0.53 -0.60 -0.71
Total Operating Expenses
0.25 0.94 2.51 1.18 0.96 1.09 0.73 0.53 0.60 0.71
Other Operating Expenses / (Income)
0.25 0.94 2.51 1.18 0.96 1.09 0.73 0.53 0.60 0.71
Total Other Income / (Expense), net
1.43 1.64 0.06 0.16 0.09 0.12 0.07 0.07 0.07 0.04
Interest & Investment Income
0.84 1.64 0.10 0.13 0.10 0.10 0.07 0.07 0.07 0.04
Other Income / (Expense), net
0.59 -0.00 -0.04 0.04 -0.01 0.02 -0.01 -0.00 0.00 0.00
Income Tax Expense
0.28 0.36 0.03 0.01 0.02 0.02 0.01 0.02 0.03 0.01
Basic Earnings per Share
$0.04 $0.02 ($0.40) ($0.16) ($0.14) ($0.20) ($0.12) ($0.08) ($0.10) ($0.10)
Weighted Average Basic Shares Outstanding
41.21M 38.91M 12.22M 12.22M 11.98M 12.09M 11.85M 11.85M 11.79M 11.77M
Diluted Earnings per Share
$0.04 $0.02 ($0.40) ($0.16) ($0.14) ($0.20) ($0.12) ($0.08) ($0.10) ($0.10)
Weighted Average Diluted Shares Outstanding
41.21M 38.91M 12.22M 12.22M 11.98M 12.09M 11.85M 11.85M 11.79M 11.77M
Weighted Average Basic & Diluted Shares Outstanding
41.21M 12.22M 12.22M 11.98M 11.98M 0.00 11.85M 11.85M 11.58M 0.00

Annual Cash Flow Statements for Marblegate Acquisition

This table details how cash moves in and out of Marblegate Acquisition's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
0.38 0.19 -0.44 -0.05
Net Cash From Operating Activities
-0.74 -1.00 -2.56 -1.25
Net Cash From Continuing Operating Activities
-0.74 -1.00 -2.56 -1.25
Net Income / (Loss) Continuing Operations
-0.27 1.23 -5.39 -2.39
Consolidated Net Income / (Loss)
-0.27 1.23 -5.39 -2.39
Non-Cash Adjustments To Reconcile Net Income
0.02 -3.31 -0.43 -0.25
Changes in Operating Assets and Liabilities, net
-0.50 1.07 3.25 1.39
Net Cash From Investing Activities
-302 294 3.97 2.97
Net Cash From Continuing Investing Activities
-302 294 3.97 2.97
Other Investing Activities, net
0.00 294 3.97 2.97
Net Cash From Financing Activities
303 -293 -1.85 -1.77
Net Cash From Continuing Financing Activities
303 -293 -1.85 -1.77
Repurchase of Common Equity
-0.46 -294 -3.88 -2.93
Issuance of Debt
0.19 0.20 2.03 1.16
Cash Income Taxes Paid
- 0.00 0.65 0.08

Quarterly Cash Flow Statements for Marblegate Acquisition

This table details how cash moves in and out of Marblegate Acquisition's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents
-0.03 0.53 -0.52 -0.03 0.04 0.07 -0.00 -0.08 0.06 -0.03
Net Cash From Operating Activities
-0.23 -0.46 -1.10 -0.94 -0.24 -0.28 -0.34 -0.31 -0.26 -0.34
Net Cash From Continuing Operating Activities
-0.23 -0.46 -1.10 -0.94 -0.24 -0.28 -0.34 -0.31 -0.26 -0.34
Net Income / (Loss) Continuing Operations
0.90 0.33 -2.48 -1.03 -0.89 -0.99 -0.67 -0.47 -0.57 -0.68
Consolidated Net Income / (Loss)
0.90 0.33 -2.48 -1.03 -0.89 -0.99 -0.67 -0.47 -0.57 -0.68
Non-Cash Adjustments To Reconcile Net Income
-1.36 -1.64 1.61 -1.83 -0.10 -0.10 -0.07 -0.07 -0.07 -0.04
Changes in Operating Assets and Liabilities, net
0.23 0.86 -0.22 1.92 0.75 0.81 0.40 0.24 0.37 0.38
Net Cash From Financing Activities
0.20 -294 0.58 0.81 -2.28 -0.96 0.34 0.23 -2.65 0.32
Net Cash From Continuing Financing Activities
0.20 -294 0.58 0.81 -2.28 -0.96 0.34 0.23 -2.65 0.32
Issuance of Debt
0.20 - 0.58 0.81 0.24 0.40 0.34 0.23 0.28 0.32
Cash Income Taxes Paid
- - - - - - - - -0.00 0.00

Annual Balance Sheets for Marblegate Acquisition

This table presents Marblegate Acquisition's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
0.04 302 11 6.94 4.17
Total Current Assets
0.00 0.72 0.89 0.16 0.11
Cash & Equivalents
0.00 0.38 0.57 0.12 0.07
Prepaid Expenses
0.00 0.34 0.33 0.04 0.04
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
0.04 302 10 6.78 4.06
Other Noncurrent Operating Assets
0.04 302 10 6.78 4.06
Total Liabilities & Shareholders' Equity
0.04 302 11 6.94 4.17
Total Liabilities
0.04 16 17 22 24
Total Current Liabilities
0.04 0.35 1.21 0.48 0.54
Accounts Payable
0.04 0.35 0.57 0.37 0.45
Current Deferred & Payable Income Tax Liabilities
- 0.00 0.64 0.07 0.06
Other Taxes Payable
- - 0.00 0.04 0.03
Total Noncurrent Liabilities
0.00 15 15 21 24
Long-Term Debt
- - - 2.23 3.39
Other Noncurrent Operating Liabilities
0.00 15 15 19 20
Commitments & Contingencies
0.00 - 0.00 0.00 0.00
Redeemable Noncontrolling Interest
0.00 302 10 6.78 4.03
Total Equity & Noncontrolling Interests
-0.00 -15 -16 -21 -24
Total Preferred & Common Equity
-0.00 -15 -16 -21 -24
Preferred Stock
0.00 0.00 0.00 0.00 0.00
Total Common Equity
-0.00 -15 -16 -21 -24
Common Stock
0.00 0.00 0.00 0.00 0.00
Retained Earnings
-0.00 -15 -16 -21 -24

Quarterly Balance Sheets for Marblegate Acquisition

This table presents Marblegate Acquisition's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets
304 11 11 8.23 7.06 7.01 4.15
Total Current Assets
0.37 0.34 0.29 0.22 0.20 0.08 0.12
Cash & Equivalents
0.04 0.04 0.01 0.05 0.12 0.04 0.10
Prepaid Expenses
0.33 0.30 0.28 0.17 0.08 0.05 0.03
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
303 10 10 8.00 6.86 6.93 4.03
Other Noncurrent Operating Assets
303 10 10 8.00 6.86 6.93 4.03
Total Liabilities & Shareholders' Equity
304 11 11 8.23 7.06 7.01 4.15
Total Liabilities
16 19 22 21 22 23 24
Total Current Liabilities
0.56 0.91 2.99 0.51 0.51 0.45 0.54
Accounts Payable
0.28 0.25 0.42 0.44 0.39 0.39 0.41
Current Deferred & Payable Income Tax Liabilities
0.28 0.66 0.03 0.05 0.08 0.02 0.05
Other Taxes Payable
- - 0.03 0.03 0.04 0.04 0.07
Total Noncurrent Liabilities
15 18 19 20 22 22 23
Long-Term Debt
- - - - 2.57 2.79 3.07
Other Noncurrent Operating Liabilities
15 17 19 20 19 20 20
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
303 10 7.94 7.95 6.85 6.89 4.01
Total Equity & Noncontrolling Interests
-15 -18 -19 -20 -22 -23 -23
Total Preferred & Common Equity
-15 -18 -19 -20 -22 -23 -23
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-15 -18 -19 -20 -22 -23 -23
Common Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Retained Earnings
-15 -18 -19 -20 -22 -23 -23

Annual Metrics And Ratios for Marblegate Acquisition

This table displays calculated financial ratios and metrics derived from Marblegate Acquisition's official financial filings.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - -
Revenue Growth
0.00% 0.00% 0.00% 0.00%
EBITDA Growth
0.00% -373.36% -299.49% 55.07%
EBIT Growth
0.00% -373.36% -299.49% 55.07%
NOPAT Growth
0.00% -211.88% -265.95% 55.25%
Net Income Growth
0.00% 559.70% -538.06% 55.57%
EPS Growth
0.00% 200.00% -1,600.00% 55.56%
Operating Cash Flow Growth
0.00% -35.44% -155.96% 51.04%
Free Cash Flow Firm Growth
0.00% 0.00% -99.10% -10.55%
Invested Capital Growth
0.00% -102.08% -111.31% -32.85%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% -17.02% -2.11% 12.17%
EBIT Q/Q Growth
0.00% -17.02% -2.11% 12.17%
NOPAT Q/Q Growth
0.00% 10.44% -2.63% 12.86%
Net Income Q/Q Growth
0.00% 94.70% -32.53% 11.42%
EPS Q/Q Growth
0.00% 0.00% -32.35% 20.00%
Operating Cash Flow Q/Q Growth
0.00% 21.97% 6.48% -5.17%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% -99.12% 20.06%
Invested Capital Q/Q Growth
0.00% -102.07% -1.75% -2.08%
Profitability Metrics
- - - -
Gross Margin
0.00% 0.00% 0.00% 0.00%
EBITDA Margin
0.00% 0.00% 0.00% 0.00%
Operating Margin
0.00% 0.00% 0.00% 0.00%
EBIT Margin
0.00% 0.00% 0.00% 0.00%
Profit (Net Income) Margin
0.00% 0.00% 0.00% 0.00%
Tax Burden Percent
100.00% 65.82% 101.48% 103.02%
Interest Burden Percent
88.20% -130.13% 92.55% 90.15%
Effective Tax Rate
0.00% 34.18% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
-0.19% 0.87% 53.63% 13.78%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)
0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)
0.01% -0.09% 99.45% 18.06%
Return on Equity Simple (ROE_SIMPLE)
1.83% -7.79% 25.09% 9.94%
Net Operating Profit after Tax (NOPAT)
-0.35 -1.10 -4.02 -1.80
NOPAT Margin
0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)
22.32% 491.24% 178.29% 21.94%
Return On Investment Capital (ROIC_SIMPLE)
- - 20.89% 8.70%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
0.00% 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)
-0.30 -1.44 -5.74 -2.58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-0.30 -1.44 -5.74 -2.58
Valuation Ratios
- - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.00
Price to Earnings (P/E)
0.00 335.65 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.30% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.51 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 1.45 51.13 57.53
Leverage & Solvency
- - - -
Debt to Equity
0.00 0.00 -0.15 -0.17
Long-Term Debt to Equity
0.00 0.00 -0.15 -0.17
Financial Leverage
0.00 0.00 -0.08 -0.16
Leverage Ratio
1.05 1.11 -0.90 -0.32
Compound Leverage Factor
0.93 -1.45 -0.84 -0.29
Debt to Total Capital
0.00% 0.00% -17.83% -20.31%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% -17.83% -20.31%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
105.09% -192.57% -54.34% -24.18%
Common Equity to Total Capital
-5.09% 292.57% 172.17% 144.49%
Debt to EBITDA
0.00 0.00 -0.39 -1.31
Net Debt to EBITDA
0.00 0.00 -0.37 -1.29
Long-Term Debt to EBITDA
0.00 0.00 -0.39 -1.31
Debt to NOPAT
0.00 0.00 -0.55 -1.88
Net Debt to NOPAT
0.00 0.00 -0.52 -1.84
Long-Term Debt to NOPAT
0.00 0.00 -0.55 -1.88
Altman Z-Score
15.99 12.49 -3.66 -7.09
Noncontrolling Interest Sharing Ratio
105.10% 110.80% -85.43% -31.11%
Liquidity Ratios
- - - -
Current Ratio
2.09 0.74 0.33 0.20
Quick Ratio
1.09 0.47 0.26 0.13
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
0.00 291 2.61 2.34
Operating Cash Flow to CapEx
0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
Efficiency Ratios
- - - -
Asset Turnover
0.00 0.00 0.00 0.00
Accounts Receivable Turnover
0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00
Capital & Investment Metrics
- - - -
Invested Capital
287 -5.96 -13 -17
Invested Capital Turnover
0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital
0.00 -292 -6.64 -4.14
Enterprise Value (EV)
719 423 134 135
Market Capitalization
417 413 125 127
Book Value per Share
($0.34) ($0.38) ($1.79) ($2.08)
Tangible Book Value per Share
($0.34) ($0.38) ($1.79) ($2.08)
Total Capital
287 -5.40 -12 -17
Total Debt
0.00 0.00 2.23 3.39
Total Long-Term Debt
0.00 0.00 2.23 3.39
Net Debt
-0.38 -0.57 2.10 3.31
Capital Expenditures (CapEx)
0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-0.00 -0.88 -0.45 -0.50
Debt-free Net Working Capital (DFNWC)
0.38 -0.31 -0.32 -0.43
Net Working Capital (NWC)
0.38 -0.31 -0.32 -0.43
Net Nonoperating Expense (NNE)
-0.08 -2.33 1.37 0.59
Net Nonoperating Obligations (NNO)
-0.38 -0.57 2.10 3.31
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00%
Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
($0.02) $0.06 ($0.90) ($0.40)
Adjusted Weighted Average Basic Shares Outstanding
41.21M 38.91M 12.09M 11.77M
Adjusted Diluted Earnings per Share
($0.02) $0.06 ($0.90) ($0.40)
Adjusted Weighted Average Diluted Shares Outstanding
41.21M 11.21M 12.09M 11.77M
Adjusted Basic & Diluted Earnings per Share
($0.02) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
17.99M 12.22M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
-0.35 -1.10 -4.02 -1.80
Normalized NOPAT Margin
0.00% 0.00% 0.00% 0.00%
Pre Tax Income Margin
0.00% 0.00% 0.00% 0.00%
Debt Service Ratios
- - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00
Payout Ratios
- - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-173.01% 23,855.99% -71.97% -122.28%

Quarterly Metrics And Ratios for Marblegate Acquisition

This table displays calculated financial ratios and metrics derived from Marblegate Acquisition's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth
21,366.94% -89.10% -1,178.99% -82.76% -385.89% -12.48% 71.24% 53.78% 37.74% 33.47%
EBIT Growth
21,366.94% -89.10% -1,178.99% -82.76% -385.89% -12.48% 71.24% 53.78% 37.74% 33.47%
NOPAT Growth
-16,840.15% -29.13% -900.07% -265.08% -255.54% -68.47% 70.99% 55.48% 37.02% 34.77%
Net Income Growth
56,551.76% 224.93% -1,605.40% -817.52% -198.46% -398.03% 72.88% 54.05% 36.14% 31.17%
EPS Growth
0.00% 0.00% 0.00% 0.00% -450.00% -1,100.00% 70.00% 50.00% 28.57% 50.00%
Operating Cash Flow Growth
-32,347.55% 38.20% -425.13% -803.94% -4.28% 38.96% 68.74% 67.37% -9.07% -22.17%
Free Cash Flow Firm Growth
0.00% 0.00% 201.82% 203.63% 204.08% -97.99% -98.19% -99.57% -98.80% -38.01%
Invested Capital Growth
137,525.95% -102.08% -102.49% -104.00% -104.30% -111.31% -80.95% -14.29% -32.41% -32.85%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
154.13% -380.02% -169.39% 55.24% 15.33% -10.17% 31.11% 28.07% -14.06% -17.72%
EBIT Q/Q Growth
154.13% -380.02% -169.39% 55.24% 15.33% -10.17% 31.11% 28.07% -14.06% -17.72%
NOPAT Q/Q Growth
16.53% -140.05% -287.91% 53.03% 18.71% -13.75% 33.21% 27.92% -15.01% -17.80%
Net Income Q/Q Growth
526.32% -63.06% -846.81% 58.47% 14.05% -11.81% 32.04% 29.63% -19.44% -20.50%
EPS Q/Q Growth
0.00% -50.00% -2,100.00% 60.00% 12.50% -42.86% 40.00% 33.33% -25.00% 0.00%
Operating Cash Flow Q/Q Growth
-121.63% -97.16% -141.08% 14.19% 74.43% -15.42% -23.44% 10.44% 14.53% -29.28%
Free Cash Flow Firm Q/Q Growth
-0.31% 201.42% -0.02% 1.88% 0.74% -98.04% -10.20% -75.93% 182.82% 1.38%
Invested Capital Q/Q Growth
0.39% -102.07% -19.83% -60.35% -8.08% -1.75% -2.61% -1.28% -25.22% -2.08%
Profitability Metrics
- - - - - - - - - -
Gross Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profit (Net Income) Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Tax Burden Percent
76.32% 48.02% 101.05% 101.39% 102.34% 101.92% 101.83% 104.06% 106.01% 101.12%
Interest Burden Percent
347.82% -72.91% 96.07% 88.83% 89.32% 91.03% 89.89% 86.05% 88.45% 94.92%
Effective Tax Rate
23.68% 51.98% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
0.44% 0.87% -0.79% -1.66% -2.95% 53.63% 30.80% 22.15% 17.05% 13.78%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)
-0.02% -0.09% 0.09% 0.20% 0.38% 99.45% 53.71% 34.19% 23.48% 18.06%
Return on Equity Simple (ROE_SIMPLE)
-4.28% 0.00% 6.04% 11.76% 20.05% 0.00% 16.11% 13.30% 11.56% 0.00%
Net Operating Profit after Tax (NOPAT)
-0.19 -0.45 -1.76 -0.83 -0.67 -0.76 -0.51 -0.37 -0.42 -0.50
NOPAT Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)
-619.02% 165.76% 257.66% -531.05% 373.12% 29.51% 10.24% 7.71% 9.75% 6.77%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - 3.97% - - - 2.41%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)
0.34 -0.95 -2.56 -1.14 -0.97 -1.07 -0.74 -0.53 -0.60 -0.71
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
0.34 -0.95 -2.56 -1.14 -0.97 -1.07 -0.74 -0.53 -0.60 -0.71
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Earnings (P/E)
648.93 335.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.15% 0.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 1.45 0.46 0.46 0.45 51.13 44.70 0.00 69.95 57.53
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 -0.15 -0.17 -0.18 -0.16 -0.17
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 -0.15 -0.17 -0.18 -0.16 -0.17
Financial Leverage
0.00 0.00 0.00 0.00 0.00 -0.08 -0.14 -0.10 -0.09 -0.16
Leverage Ratio
1.06 1.11 1.12 1.14 1.13 -0.90 -0.77 -0.65 -0.39 -0.32
Compound Leverage Factor
3.67 -0.81 1.08 1.01 1.01 -0.82 -0.69 -0.56 -0.35 -0.30
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% -17.83% -20.02% -21.36% -18.83% -20.31%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% -17.83% -20.02% -21.36% -18.83% -20.31%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
105.13% -192.57% -132.67% -69.39% -64.42% -54.34% -53.49% -52.77% -24.60% -24.18%
Common Equity to Total Capital
-5.13% 292.57% 232.67% 169.39% 164.42% 172.17% 173.51% 174.13% 143.43% 144.49%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 -0.39 -0.65 -0.85 -1.05 -1.31
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 -0.37 -0.62 -0.83 -1.01 -1.29
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 -0.39 -0.65 -0.85 -1.05 -1.31
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 -0.55 -0.92 -1.21 -1.49 -1.88
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 -0.52 -0.88 -1.19 -1.44 -1.84
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 -0.55 -0.92 -1.21 -1.49 -1.88
Altman Z-Score
15.54 12.63 0.74 0.26 -0.23 -1.44 -1.46 -1.49 -5.19 -5.61
Noncontrolling Interest Sharing Ratio
105.12% 110.80% 111.87% 112.35% 112.72% -85.43% -74.41% -54.34% -37.71% -31.11%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.66 0.74 0.37 0.10 0.44 0.33 0.39 0.19 0.23 0.20
Quick Ratio
0.06 0.47 0.05 0.00 0.10 0.26 0.23 0.08 0.18 0.13
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-288 292 292 297 300 5.87 5.27 1.27 3.59 3.64
Operating Cash Flow to CapEx
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
288 -5.96 -7.15 -11 -12 -13 -13 -13 -16 -17
Invested Capital Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital
288 -292 -294 -298 -300 -6.64 -5.79 -1.64 -4.01 -4.14
Enterprise Value (EV)
713 423 134 135 133 134 135 138 136 135
Market Capitalization
410 413 123 127 125 125 125 128 129 127
Book Value per Share
($0.36) ($0.38) ($0.44) ($1.59) ($1.69) ($1.79) ($1.86) ($1.92) ($1.97) ($2.08)
Tangible Book Value per Share
($0.36) ($0.38) ($0.44) ($1.59) ($1.69) ($1.79) ($1.86) ($1.92) ($1.97) ($2.08)
Total Capital
288 -5.40 -7.88 -11 -12 -12 -13 -13 -16 -17
Total Debt
0.00 0.00 0.00 0.00 0.00 2.23 2.57 2.79 3.07 3.39
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 2.23 2.57 2.79 3.07 3.39
Net Debt
-0.04 -0.57 -0.04 -0.01 -0.05 2.10 2.44 2.75 2.97 3.31
Capital Expenditures (CapEx)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-0.22 -0.88 -0.61 -2.71 -0.34 -0.45 -0.43 -0.40 -0.51 -0.50
Debt-free Net Working Capital (DFNWC)
-0.19 -0.31 -0.57 -2.70 -0.29 -0.32 -0.31 -0.37 -0.41 -0.43
Net Working Capital (NWC)
-0.19 -0.31 -0.57 -2.70 -0.29 -0.32 -0.31 -0.37 -0.41 -0.43
Net Nonoperating Expense (NNE)
-1.09 -0.79 0.72 0.20 0.21 0.23 0.16 0.11 0.14 0.18
Net Nonoperating Obligations (NNO)
0.16 -0.57 0.73 -0.01 -0.05 2.10 2.44 2.75 2.97 3.31
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.04 $0.02 ($0.40) ($0.16) ($0.14) ($0.20) ($0.12) ($0.08) ($0.10) ($0.10)
Adjusted Weighted Average Basic Shares Outstanding
41.21M 38.91M 12.22M 12.22M 11.98M 12.09M 11.85M 11.85M 11.79M 11.77M
Adjusted Diluted Earnings per Share
$0.04 $0.02 ($0.40) ($0.16) ($0.14) ($0.20) ($0.12) ($0.08) ($0.10) ($0.10)
Adjusted Weighted Average Diluted Shares Outstanding
41.21M 38.91M 12.22M 12.22M 11.98M 12.09M 11.85M 11.85M 11.79M 11.77M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
41.21M 12.22M 12.22M 11.98M 11.98M 0.00 11.85M 11.85M 11.58M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
-0.19 -0.66 -1.76 -0.83 -0.67 -0.76 -0.51 -0.37 -0.42 -0.50
Normalized NOPAT Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Pre Tax Income Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 23,855.99% 0.00% 0.00% -7,279.28% -71.97% 0.00% 0.00% -158.77% -122.28%

Financials Breakdown Chart

Key Financial Trends

Marblegate Acquisition Corp. (NASDAQ:GATE) continues to show the financial profile of a pre-deal special purpose acquisition company rather than an operating business. Revenue remained at zero in every reported quarter, while operating expenses produced recurring losses. Quarterly net losses improved from $2.5 million in Q1 2023 to $674,000 in Q4 2024, but the company has not yet reached profitability.

The most recent quarter showed some improvement in expense control. Operating expenses declined to $712,000 in Q4 2024, down from $1.09 million in Q4 2023 and $2.51 million in Q1 2023. Interest and investment income also provided a partial offset, although it fell to $36,000 in Q4 2024 from $74,000 in Q3 and $96,000 in Q4 2023. The company’s financial performance remains dependent on investment income, financing activity and the completion of a business combination rather than operating revenue.

Cash generation remains weak. Operating cash flow was negative in every reported quarter, including -$340,000 in Q4 2024, although this was an improvement from -$344,000 in Q1 and -$308,000 in Q2. Cash balances were also limited at the latest available balance-sheet date, with $97,000 in cash at September 30, 2024. Investors should note that no Q4 2024 balance sheet was provided, so the year-end cash position cannot be determined from this dataset.

  • Operating losses narrowed materially: Q4 2024 net loss of $682,000 was better than the $991,000 loss in Q4 2023 and the $2.48 million loss in Q1 2023.
  • Expense levels have generally improved: Operating expenses declined from $2.51 million in Q1 2023 to $712,000 in Q4 2024, suggesting lower ongoing administrative or transaction costs.
  • Operating cash burn was relatively stable in 2024: Quarterly operating cash outflows ranged from approximately $263,000 to $344,000, compared with a $944,000 outflow in Q2 2023 and a $1.10 million outflow in Q1 2023.
  • Cash flow benefited from working-capital movements: Changes in operating assets and liabilities provided $378,000 in Q4 2024 and more than $400,000 in Q1 2024, partially offsetting reported losses.
  • Investment income remains an important offset: Interest and investment income was positive in each reported quarter, but the amount fluctuated considerably, from $1.64 million in Q4 2022 to only $36,000 in Q4 2024.
  • Financing activity continues to support liquidity: Marblegate issued $315,000 of debt in Q4 2024, following debt issuance of $225,000 in Q2 and $340,000 in Q1.
  • No operating revenue has been reported: Revenue was zero in all provided income statements, leaving the company without a recurring business-generated source of cash.
  • Operating cash flow remains consistently negative: The company has relied on financing and investment-related cash flows to offset cash consumed by operations.
  • Common equity is deeply negative: Total common equity was negative $23.4 million at September 30, 2024, compared with negative $18.3 million at March 31, 2023, reflecting accumulated retained losses.
  • Liabilities substantially exceed assets: At the latest available balance-sheet date, total liabilities were $23.5 million versus total assets of $4.2 million. Long-term debt increased to $3.07 million from $2.57 million at March 31, 2024.

Overall, the statements show modest improvement in quarterly losses and operating expenses, but the investment case remains highly dependent on Marblegate’s ability to complete a successful acquisition or other strategic transaction. Until that occurs, zero revenue, recurring cash burn, negative common equity and elevated liabilities represent significant risks for shareholders.

09/09/26 08:59 AM ETAI Generated. May Contain Errors.

Marblegate Acquisition Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Marblegate Acquisition's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

Marblegate Acquisition's net income appears to be on an upward trend, with a most recent value of -$2.39 million in 2024, rising from -$267.64 thousand in 2021. The previous period was -$5.39 million in 2023.

Marblegate Acquisition's total operating income in 2024 was -$2.57 million, based on the following breakdown:
  • Total Gross Profit: $0.00
  • Total Operating Expenses: $2.57 million

Over the last 3 years, Marblegate Acquisition's total revenue changed from $0.00 in 2021 to $0.00 in 2024, a change of 0.0%.

Marblegate Acquisition's total liabilities were at $24.23 million at the end of 2024, a 11.9% increase from 2023, and a 55,598.9% increase since 2020.

In the past 4 years, Marblegate Acquisition's cash and equivalents has ranged from $0.00 in 2020 to $568.36 thousand in 2022, and is currently $71.53 thousand as of their latest financial filing in 2024.

Over the last 3 years, Marblegate Acquisition's book value per share changed from -0.34 in 2021 to -2.08 in 2024, a change of 507.9%.



Financial statements for NASDAQ:GATEU last updated on 4/6/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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