| Metric | Value ($ M) | vs Q2 FY25 |
|---|---|---|
| Revenue | 11.44 | 33.2% |
| Total Income | 11.44 | 33.2% |
| Expenditure | 28.92 | 50.2% |
| PBT | -11.13 | 1084.0% |
| Net Profit | -13.44 | 1345.2% |
| OPM | — | |
| NPM | — | |
| EPS | -1.64 | 1071.4% |
Mount Logan Capital Reports Q3 2025 Results
04 May 2026 · 4 May, 7:16 am
Summary
Mount Logan Capital Inc. announced its financial results for the third quarter ended September 30, 2025. The company completed its business combination with 180 Degree Capital in September. Fee-Related Earnings for the Asset Management segment were $2.5 million for the quarter and $7.0 million for the nine months ended September 30, 2025. Total net investment income for the Insurance Solutions segment was $17.0 million for the three months ended September 30, 2025. The company declared a shareholder quarterly distribution of $0.03 per common share for the quarter ended September 30, 2025.
Key Highlights
- 1
Mount Logan Capital Inc. completed its business combination with 180 Degree Capital Corp Inc. on September 12, 2025.
- 2
Fee-Related Earnings for the Asset Management segment were $2.5 million for the quarter and $7.0 million for the nine months ended September 30, 2025.
- 3
Total revenue for the Asset Management segment increased by 127% to $9.1 million compared to the third quarter of 2024.
- 4
Total net investment income for the Insurance Solutions segment was $17.0 million for the three months ended September 30, 2025.
- 5
Ability’s total assets managed by Mount Logan excluding certain funds were $628.9 million as of September 30, 2025.
- 6
The company declared a shareholder quarterly distribution of $0.03 per common share for the quarter ended September 30, 2025.
- 7
Total capital of the Company was $222.8 million at September 30, 2025, an increase of $28.2 million as compared to December 31, 2024.
Management Comments
Ted Goldthorpe
The third quarter of 2025 was truly transformational for Mount Logan as we completed our business combination with 180 Degree Capital in September. This transaction expanded our investment capabilities, strengthened our balance sheet, and successfully re-domiciled our business to the United States, where we now trade on Nasdaq. We are deeply grateful for the support of all stakeholders throughout this process — particularly our shareholders — as we begin this next phase of growth. Looking ahead, we are focused on executing near-term initiatives, including our previously announced plan to provide shareholders with a liquidity opportunity at a premium to our current share price. While that initiative underscores our commitment to shareholder value, our focus remains squarely on growth — both organic and strategic — as we pursue a multi-year plan to expand our assets under management, Fee-Related Earnings, and Spread-Related Earnings for the benefit of our investors, policyholders, and shareholders alike. We believe Mount Logan is exceptionally well positioned to accelerate AUM growth, enhance recurring earnings power, and drive increased profitability in 2026 and beyond.
Informational and educational content only. Not investment advice.