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MGT Capital Investments

OTCPK:MGTI
Snowflake Description

Limited growth with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MGTI
OTCPK
$10M
Market Cap
  1. Home
  2. US
  3. Software
Company description

MGT Capital Investments, Inc. engages in bitcoin mining operations in the Wenatchee Valley area of central Washington. The last earnings update was 32 days ago. More info.


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  • MGT Capital Investments has significant price volatility in the past 3 months.
MGTI Share Price and Events
7 Day Returns
6.8%
OTCPK:MGTI
0.3%
US Software
0.1%
US Market
1 Year Returns
-95.5%
OTCPK:MGTI
21%
US Software
1.2%
US Market
MGTI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MGT Capital Investments (MGTI) 6.8% -23.1% -36.1% -95.5% -98.5% -96.1%
US Software 0.3% 0.3% 5.2% 21% 122.1% 149.1%
US Market 0.1% 0.6% 0.9% 1.2% 36.7% 37.9%
1 Year Return vs Industry and Market
  • MGTI underperformed the Software industry which returned 21% over the past year.
  • MGTI underperformed the Market in United States of America which returned 1.2% over the past year.
Price Volatility
MGTI
Industry
5yr Volatility vs Market

MGTI Value

 Is MGT Capital Investments undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether MGT Capital Investments is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MGT Capital Investments has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for MGT Capital Investments. This is due to cash flow or dividend data being unavailable. The share price is $0.04538.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MGT Capital Investments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MGT Capital Investments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:MGTI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.24
OTCPK:MGTI Share Price ** OTCPK (2019-06-18) in USD $0.05
United States of America Software Industry PE Ratio Median Figure of 81 Publicly-Listed Software Companies 50.31x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MGT Capital Investments.

OTCPK:MGTI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:MGTI Share Price ÷ EPS (both in USD)

= 0.05 ÷ -0.24

-0.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MGT Capital Investments is loss making, we can't compare its value to the US Software industry average.
  • MGT Capital Investments is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does MGT Capital Investments's expected growth come at a high price?
Raw Data
OTCPK:MGTI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
21.2%per year
United States of America Software Industry PEG Ratio Median Figure of 67 Publicly-Listed Software Companies 3.02x
United States of America Market PEG Ratio Median Figure of 2,126 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MGT Capital Investments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MGT Capital Investments's assets?
Raw Data
OTCPK:MGTI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.00
OTCPK:MGTI Share Price * OTCPK (2019-06-18) in USD $0.05
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.71x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
OTCPK:MGTI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:MGTI Share Price ÷ Book Value per Share (both in USD)

= 0.05 ÷ 0.00

-27.69x

* Primary Listing of MGT Capital Investments.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MGT Capital Investments has negative assets, we can't compare the value of its assets to the US Software industry average.

Next steps:

  1. Take a look at our analysis of MGTI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Show me more potentially undervalued companies in the Software industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess MGT Capital Investments's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. MGT Capital Investments has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MGTI Future Performance

 How is MGT Capital Investments expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MGT Capital Investments expected to grow at an attractive rate?
  • Unable to compare MGT Capital Investments's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare MGT Capital Investments's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • MGT Capital Investments's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:MGTI Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:MGTI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 21.2%
OTCPK:MGTI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 41.8%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:MGTI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:MGTI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 2 -14 1
2019-12-31 1 -14 1
OTCPK:MGTI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1 -7 -21
2018-12-31 2 -9 -26
2018-09-30 4 -6 -45
2018-06-30 4 -6 -54
2018-03-31 4 -4 -52
2017-12-31 3 -2 -50
2017-09-30 1 -5 -33
2017-06-30 1 -5 -27
2017-03-31 1 -6 -29
2016-12-31 0 -6 -25
2016-09-30 0 -5 -19
2016-06-30 0 -3 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MGT Capital Investments is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • MGT Capital Investments's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:MGTI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from MGT Capital Investments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MGTI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.06 -0.06 -0.06 1.00
2019-12-31 -0.07 -0.07 -0.07 1.00
OTCPK:MGTI Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.24
2018-12-31 -0.35
2018-09-30 -0.74
2018-06-30 -1.02
2018-03-31 -1.14
2017-12-31 -1.34
2017-09-30 -1.02
2017-06-30 -0.94
2017-03-31 -1.14
2016-12-31 -1.08
2016-09-30 -0.94
2016-06-30 -0.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if MGT Capital Investments will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess MGT Capital Investments's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MGT Capital Investments has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MGTI Past Performance

  How has MGT Capital Investments performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MGT Capital Investments's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MGT Capital Investments does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare MGT Capital Investments's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MGT Capital Investments's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
MGT Capital Investments's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MGT Capital Investments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MGTI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1.10 -21.01 10.60 0.00
2018-12-31 2.03 -25.80 12.95 0.05
2018-09-30 3.87 -45.18 16.32 0.12
2018-06-30 3.80 -53.88 23.08 0.21
2018-03-31 3.78 -51.61 24.03 0.29
2017-12-31 3.13 -50.43 22.70 0.35
2017-09-30 1.48 -32.85 19.60 0.38
2017-06-30 1.01 -27.22 20.64 0.48
2017-03-31 0.63 -29.08 20.17 0.40
2016-12-31 0.31 -24.52 17.87 0.30
2016-09-30 0.05 -19.32 15.63 0.18
2016-06-30 0.09 -9.44 5.59
2016-03-31 0.10 -3.89 2.41
2015-12-31 0.10 -3.58 2.82
2015-09-30 0.11 -3.53 3.19 0.04
2015-06-30 -0.30 -2.77 2.67 0.08
2015-03-31 0.01 -3.62 3.71 0.13
2014-12-31 0.09 -3.72 3.93 0.19
2014-09-30 0.29 -4.74 5.17 0.23
2014-06-30 0.65 -7.20 7.88 0.19
2014-03-31 0.40 -12.39 9.40 0.13
2013-12-31 0.40 -10.27 9.28 0.07
2013-09-30 0.27 -11.65 8.96 0.00
2013-06-30 0.29 -9.36 6.95 0.01
2013-03-31 0.28 -4.41 4.90 0.04
2012-12-31 0.41 -5.88 4.55 0.08
2012-09-30 0.44 -2.88 3.65 0.16
2012-06-30 0.54 -3.71 4.64 0.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MGT Capital Investments has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if MGT Capital Investments has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MGT Capital Investments improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess MGT Capital Investments's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MGT Capital Investments has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MGTI Health

 How is MGT Capital Investments's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MGT Capital Investments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MGT Capital Investments's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • MGT Capital Investments has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MGT Capital Investments's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • MGT Capital Investments has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MGT Capital Investments Company Filings, last reported 2 months ago.

OTCPK:MGTI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -0.25 0.73 0.36
2018-12-31 -1.31 1.29 0.10
2018-09-30 0.11 3.31 0.28
2018-06-30 5.88 3.82 2.30
2018-03-31 9.87 0.00 0.46
2017-12-31 11.87 0.00 9.52
2017-09-30 3.48 0.02 0.04
2017-06-30 0.50 1.01 0.32
2017-03-31 0.12 0.91 0.33
2016-12-31 -0.58 2.30 0.39
2016-09-30 2.81 1.58 2.21
2016-06-30 3.85 0.00 1.60
2016-03-31 5.15 0.00 1.07
2015-12-31 6.04 0.00 0.80
2015-09-30 7.01 0.00 1.47
2015-06-30 8.89 0.00 1.10
2015-03-31 9.08 0.00 1.38
2014-12-31 9.30 0.00 0.65
2014-09-30 10.52 0.00 2.21
2014-06-30 10.86 0.00 2.43
2014-03-31 11.72 0.00 3.22
2013-12-31 12.89 0.00 4.64
2013-09-30 12.19 0.10 5.05
2013-06-30 13.79 0.10 6.35
2013-03-31 1.27 0.00 2.68
2012-12-31 -0.10 0.00 3.44
2012-09-30 3.23 2.68 4.86
2012-06-30 2.99 2.54 5.66
  • MGT Capital Investments has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if MGT Capital Investments's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • MGT Capital Investments has less than a year of cash runway based on current free cash flow.
  • MGT Capital Investments has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.7% each year.
X
Financial health checks
We assess MGT Capital Investments's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MGT Capital Investments has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MGTI Dividends

 What is MGT Capital Investments's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MGT Capital Investments dividends.
If you bought $2,000 of MGT Capital Investments shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MGT Capital Investments's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MGT Capital Investments's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:MGTI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:MGTI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MGT Capital Investments has not reported any payouts.
  • Unable to verify if MGT Capital Investments's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MGT Capital Investments's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MGT Capital Investments has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MGT Capital Investments's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MGT Capital Investments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MGT Capital Investments has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MGTI Management

 What is the CEO of MGT Capital Investments's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Ladd
COMPENSATION $1,620,350
AGE 60
TENURE AS CEO 1.8 years
CEO Bio

Mr. Robert B. Ladd, CFA, has been the President of MGT Capital Investments, Inc. since January 9, 2012 and served as its Interim Chief Financial Officer and Interim Treasurer since December 8, 2015 until February 2018. Mr. Ladd has been the Chief Executive Officer of MGT Capital Investments, Inc. since August 16, 2017. Mr. Ladd serves as the President and Managing Partner/Managing Member of Laddcap Value Advisors LLC. He is a Principal at Laddcap Value Partners LP. He serves as Interim Chief Executive Officer of Medicsight Limited. He served as Chief Executive Officer of MGT Capital Investments, Inc. since January 9, 2012 until November 2016. He served as an Interim Chief Executive Officer and Interim President of MGT Capital Investments, Inc. from February 2011 to January 9, 2012. He served as Interim Chief Executive Officer of Medicsight Limited since July 8, 2011. From 1992 to November 2002, Mr. Ladd was a portfolio manager for various high net worth clients of Neuberger Berman and served as its Managing Director from 2002 to 2003. He was a Securities Analyst at Neuberger from 1988 to 1992. He served as a Director of Pyxis Tankers Inc. He has been a Director of MGT Capital Investments, Inc. since December 13, 2010 and Non-Executive Director of Medicsight Limited since March 29, 2011. Mr. Ladd served as Director of InFocus Corporation (formerly, InFocus Systems, Inc.) from June 6, 2007 to May 2009. He served as an Independent Director of Delcath Systems, Inc. from October 2006 to July 3, 2012. He has earned his designation as a Chartered Financial Analyst in 1986. Mr. Ladd earned a B.S. degree in economics from the Wharton School, University of Pennsylvania and a M.B.A. from Northwestern University's Kellogg School of Management.

CEO Compensation
  • Robert's compensation has increased whilst company is loss making.
  • Robert's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the MGT Capital Investments management team in years:

2.3
Average Tenure
60
Average Age
  • The tenure for the MGT Capital Investments management team is about average.
Management Team

Robert Ladd

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
60
TENURE
1.8 yrs

Robert Lowrey

TITLE
CFO, Treasurer & Secretary
COMPENSATION
$2M
AGE
57
TENURE
1.3 yrs

Louis Haller

TITLE
Executive Vice President
AGE
74
TENURE
6 yrs

Lara Corrente

TITLE
Senior Vice President of Corporate Governance
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure and age of the MGT Capital Investments board of directors in years:

3
Average Tenure
60
Average Age
  • The tenure for the MGT Capital Investments board of directors is about average.
Board of Directors

Hugh Holmes

TITLE
Chairman of the Board
COMPENSATION
$593K
AGE
74
TENURE
1.8 yrs

Robert Ladd

TITLE
CEO, President & Director
COMPENSATION
$2M
AGE
60
TENURE
8.5 yrs

Mike Onghai

TITLE
Independent Director
COMPENSATION
$298K
AGE
48
TENURE
7.1 yrs

Bryan Seely

TITLE
Member of Hacker Advisory Board
TENURE
3 yrs

Chris Roberts

TITLE
Member of Hacker Advisory Board

Vinny Troia

TITLE
Member of Hacker Advisory Board
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
15. Aug 18 Buy Stephen Schaeffer Individual 15. Aug 18 15. Aug 18 25,000 $0.66 $16,375
26. Jul 18 Sell Joseph Direnzo Individual 30. May 18 24. Jul 18 -800,000 $1.40 $-802,685
X
Management checks
We assess MGT Capital Investments's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MGT Capital Investments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MGTI News

Simply Wall St News

MGTI Company Info

Description

MGT Capital Investments, Inc. engages in bitcoin mining operations in the Wenatchee Valley area of central Washington. At March 30, 2018, it owned and operated approximately 500 miners located in a leased facility in Quincy, Washington; and 4,200 miners located in a leased facility in Sweden, as well as operated approximately 2,100 miners in the Sweden location. The company was founded in 1979 and is headquartered in Durham, North Carolina.

Details
Name: MGT Capital Investments, Inc.
MGTI
Exchange: OTCPK
Founded: 1979
$10,482,937
231,003,479
Website: http://www.mgtci.com
Address: MGT Capital Investments, Inc.
512 South Mangum Street,
Suite 408,
Durham,
North Carolina, 27701,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK MGTI Common Stock Pink Sheets LLC US USD 23. Dec 1999
Number of employees
Current staff
Staff numbers
4
MGT Capital Investments employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 23:39
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/06/05
Last earnings filing: 2019/05/17
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.