Financial Statements — MTA
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 9.79 | 9.72 | 14.11 | 4.56 | 2.34 | -- | -- |
| Total Current Assets | 15.43 | 12.96 | 17.65 | 9.57 | 6.53 | 10.31 | 5.27 |
| Total Non-current Assets | 255.43 | 255.72 | 258.38 | 121.32 | 106.09 | 69.42 | 58.45 |
| Total Assets | 270.87 | 268.68 | 276.03 | 130.89 | 112.62 | 79.73 | 63.72 |
| Total Current Liabilities | 6.41 | 13.88 | 6.99 | 6.54 | 1.09 | 1.77 | 4.41 |
| Total Non-current Liabilities | 12.70 | 2.77 | 16.15 | 5.79 | 10.98 | 3.57 | 0.15 |
| Total Liabilities | 19.11 | 16.65 | 23.14 | 12.33 | 12.07 | 5.35 | 4.55 |
| Retained Earnings | (73.08) | (68.84) | (63.37) | (56.33) | (45.41) | (34.98) | (31.29) |
| Total Stockholder Equity | 251.75 | 252.03 | 252.89 | 118.56 | 100.55 | 74.38 | 59.17 |
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 11.74 | 5.88 | 4.60 | 2.41 | 2.97 | 1.31 | -- |
| Cost of Revenue* | 2.24 | 2.51 | 2.39 | 1.81 | 2.35 | 0.87 | -- |
| Gross Profit | 9.50 | 3.37 | 2.21 | 0.61 | 0.62 | 0.44 | 2.44 |
| Selling, General & Admin | 6.64 | 5.22 | 4.93 | 3.89 | 4.24 | 2.71 | 2.80 |
| Total Operating Expenses* | 9.56 | 7.85 | 9.54 | -- | -- | -- | -- |
| Operating Income | (0.06) | (4.48) | (7.33) | -- | -- | -- | -- |
| Interest Expense | 1.61 | 1.98 | 1.17 | 1.29 | 0.82 | 0.42 | 0.49 |
| Pretax Income | (3.57) | (5.42) | (4.48) | (10.89) | (10.49) | (4.26) | (2.09) |
| Tax Provision | 0.67 | 0.05 | 1.36 | 0.04 | (0.07) | 0.49 | 0.36 |
| Net Income | (4.24) | (5.48) | (5.84) | (10.93) | (10.43) | (4.75) | (2.44) |
| Basic EPS | (0.05) | (0.06) | (0.11) | (0.24) | (0.24) | (0.13) | (0.02) |
| Diluted EPS | (0.05) | (0.06) | (0.11) | (0.24) | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | 4.41 | (2.57) | 0.52 | (0.04) | 0.30 | (2.58) | 2.29 |
| Investing Cash Flow | (2.12) | (1.95) | (3.58) | (1.31) | (36.02) | (4.68) | (13.04) |
| Financing Cash Flow | (2.24) | 0.48 | 12.83 | 3.79 | 32.77 | 8.89 | 10.45 |
