MGTX (MGTX) financial statements
MGTX reported revenue of $81M in fiscal 2025, up 35.3% a year over 6 years.
Net income was -$114M.
Free cash flow was -$50M.
The diluted share count rose 838% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from MGTX's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $13M | $16M | $38M | $16M | $14M | $33M | $81M |
| Research and development | $22M | $34M | $25M | $34M | $67M | $86M | $104M | $119M | $130M |
| Selling, general and admin | $9M | $44M | $47M | $44M | $44M | $47M | $47M | $78M | $58M |
| Operating income | -$32M | -$78M | -$58M | -$63M | -$73M | -$116M | -$137M | -$164M | -$106M |
| Interest expense | $42,863 | $33,429 | $48,612 | $139,000 | $288,000 | $5M | $13M | $13M | $12M |
| Pre-tax income | -$31M | -$83M | -$55M | -$58M | -$80M | -$130M | -$84M | -$148M | -$114M |
| Income tax | $0 | -$474,391 | $0 | $0 | $0 | — | $0 | $0 | $0 |
| Net income | -$31M | -$83M | -$55M | -$58M | -$80M | -$130M | -$84M | -$148M | -$114M |
| EPS (diluted) | -$3.72 | -$4.47 | -$1.65 | -$1.54 | -$1.80 | -$2.87 | -$1.49 | -$2.12 | -$1.42 |
| Diluted shares | 9M | 19M | 33M | 38M | 44M | 45M | 56M | 70M | 80M |
| Operating margin | — | — | -438.4% | -401.9% | -193.0% | -730.9% | -977.8% | -493.4% | -130.2% |
| Net margin | — | — | -411.9% | -372.6% | -211.0% | -814.2% | -599.5% | -444.1% | -140.3% |
Balance sheet
Fiscal years, from MGTX's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $9M | $68M | $227M | $210M | $138M | $116M | $130M | $104M | $66M |
| Receivables | — | — | — | — | — | $21M | $10M | $707,000 | $3M |
| Inventory | — | — | — | — | — | — | — | $385,000 | — |
| Total current assets | $11M | $75M | $269M | $273M | $183M | $154M | $160M | $124M | $92M |
| Property, plant and equipment | $14M | $22M | $24M | $44M | $76M | $109M | $116M | $103M | $105M |
| Total assets | $26M | $97M | $324M | $364M | $320M | $318M | $327M | $270M | $244M |
| Total current liabilities | $21M | $15M | $49M | $54M | $68M | $82M | $67M | $61M | $123M |
| Total liabilities | $22M | $16M | $133M | $125M | $135M | $200M | $189M | $202M | $250M |
| Shareholders' equity | -$47M | $81M | $191M | $239M | $185M | $118M | $138M | $68M | -$6M |
| Net debt | -$9M | -$68M | -$227M | -$210M | -$138M | -$116M | -$130M | -$104M | -$66M |
Cash flow
Fiscal years, from MGTX's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$18M | -$59M | $20M | -$64M | -$11M | -$73M | -$105M | -$104M | -$46M |
| Capital spending | $11M | $11M | $9M | $21M | $46M | $45M | $20M | $5M | $4M |
| Free cash flow | -$29M | -$70M | $11M | -$85M | -$57M | -$118M | -$126M | -$109M | -$50M |
| Stock-based compensation | $3M | $18M | $16M | $18M | $21M | $29M | $28M | $25M | $22M |
| Free cash flow margin | — | — | 83.2% | -545.5% | -150.9% | -741.6% | -895.6% | -328.9% | -61.7% |
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Open MGTX in InvestinglyQuestions
What was MGTX's revenue in 2025?
$81M in fiscal 2025, from its 10-K filing.
How much free cash flow does MGTX generate?
-$50M in fiscal 2025 (operating cash flow minus capital spending).
From MGTX's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.