MBI (MBI) financial statements
MBI reported revenue of $80M in fiscal 2025, down 13.5% a year over 9 years.
Net income was -$183M and the operating margin -226.3%, against -115.3% in 2016.
The diluted share count fell 63% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MBI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $294M | $433M | $162M | $280M | $282M | $189M | $154M | $7M | $42M | $80M |
| Selling, general and admin | $177M | $129M | $91M | $103M | $97M | — | — | — | — | — |
| Operating income | -$339M | -$661M | -$296M | -$357M | -$578M | -$445M | -$148M | -$484M | -$441M | -$181M |
| Interest expense | $197M | $197M | $206M | $201M | $178M | $163M | $179M | $210M | $208M | $196M |
| Pre-tax income | -$339M | -$661M | -$296M | -$357M | -$578M | -$445M | -$148M | -$484M | -$441M | -$181M |
| Income tax | -$1M | $944M | $0 | $2M | $0 | $0 | $1M | $0 | $0 | $0 |
| Net income | -$338M | -$1.6B | -$296M | -$359M | -$578M | -$445M | -$195M | -$491M | -$447M | -$183M |
| EPS (diluted) | -$2.54 | -$13.50 | -$3.33 | -$4.43 | -$9.78 | -$8.99 | -$3.92 | -$10.18 | -$9.43 | -$3.58 |
| Diluted shares | 133M | 119M | 89M | 81M | 59M | 49M | 50M | 48M | 47M | 49M |
| Operating margin | -115.3% | -152.7% | -182.7% | -127.5% | -205.0% | -235.4% | -96.1% | -6914.3% | -1050.0% | -226.3% |
| Net margin | -115.0% | -370.7% | -182.7% | -128.2% | -205.0% | -235.4% | -126.6% | -7014.3% | -1064.3% | -228.8% |
Balance sheet
Fiscal years, from MBI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $187M | $146M | $280M | $83M | $167M | $160M | $78M | $108M | $87M | $71M |
| Receivables | $409M | $369M | $296M | $249M | $216M | $178M | $160M | $146M | $133M | $121M |
| Total assets | $11.1B | $9.1B | $8.1B | $7.3B | $5.8B | $4.7B | $3.4B | $2.6B | $2.2B | $2.0B |
| Long-term debt | $2.0B | $2.1B | $2.2B | $2.2B | — | — | — | — | — | — |
| Total liabilities | $7.9B | $7.7B | $7.0B | $6.4B | $5.6B | $5.0B | $4.3B | $4.3B | $4.2B | $4.2B |
| Shareholders' equity | $3.2B | $1.4B | $1.1B | $826M | $136M | -$313M | -$882M | -$1.7B | -$2.1B | -$2.2B |
| Net debt | $1.8B | $2.0B | $2.0B | $2.1B | -$167M | -$160M | -$78M | -$108M | -$87M | -$71M |
Cash flow
Fiscal years, from MBI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$149M | -$652M | -$319M | -$368M | -$390M | $511M | -$418M | -$195M | -$176M | $38M |
| Capital spending | $1M | $1M | $1M | $0 | $0 | $1M | $0 | $0 | — | — |
| Free cash flow | -$150M | -$653M | -$320M | -$368M | -$390M | $510M | -$418M | -$195M | — | — |
| Stock-based compensation | $0 | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | $0 | $0 | $409M | $0 | $0 |
| Share buybacks (net) | -$110M | -$330M | -$44M | -$106M | -$200M | -$1M | -$3M | -$38M | -$4M | -$7M |
| Net borrowing | $0 | $0 | — | — | — | — | -$7M | — | — | — |
| Free cash flow margin | -51.0% | -150.8% | -197.5% | -131.4% | -138.3% | 269.8% | -271.4% | -2785.7% | — | — |
| Dividends per share | — | — | — | — | — | — | — | $8.48 | — | — |
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What was MBI's revenue in 2025?
$80M in fiscal 2025, from its 10-K filing.
From MBI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.