OverviewSuggest Edit

MGT Capital Investments, Inc. is in the process of acquiring and developing a diverse portfolio of cyber security technologies. MGT is positioned to address various cyber threats through advanced protection technologies for mobile and personal tech devices, as well as corporate networks. Also as part of its corporate efforts in secure technologies, MGT is growing its capacity in mining Bitcoin.

TypePublic
Founded1977
HQRaleigh, US
Websitemgtci.com

Latest Updates

Employees (est.) (Feb 2019)6(-60%)
Revenue (FY, 2019)$450 K(-77%)
Share Price (Sept 2020)$0 (+7%)
Cybersecurity ratingAMore

MGT Capital Investments Office Locations

MGT Capital Investments has an office in Raleigh
Raleigh, US (HQ)
Wells Fargo Capitol Center, 150 Fayetteville St #1110
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MGT Capital Investments Financials and Metrics

MGT Capital Investments Revenue

MGT Capital Investments's revenue was reported to be $450 k in FY, 2019
USD

Revenue (Q1, 2020)

677.0k

Net income (Q1, 2020)

(1.3m)

EBIT (Q1, 2020)

(958.0k)

Market capitalization (22-Sept-2020)

7.0m

Closing stock price (22-Sept-2020)

0.0

Cash (31-Mar-2020)

18.0k

EV

7.2m
MGT Capital Investments's current market capitalization is $7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

536.0k409.0k396.0k1.1m104.0k313.0k3.1m2.0m450.0k

Revenue growth, %

167%(90%)201%

Cost of goods sold

104.0k265.0k559.0k610.0k5.0k209.0k1.5m4.2m

Gross profit

432.0k144.0k(163.0k)446.0k99.0k104.0k1.6m(2.2m)
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.7m3.4m4.6m1.5m359.0k345.0k9.5m96.0k216.0k

Accounts Receivable

84.0k9.0k43.0k5.0k

Prepaid Expenses

327.0k340.0k132.0k172.0k61.0k894.0k193.0k125.0k

Inventories

89.0k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

5.7m3.5m3.3m5.7m4.9m2.7m6.3m5.0m3.2m2.4m2.2m1.4m1.1m428.0k189.0k1.1m2.1m334.0k323.0k43.0k461.0k2.3m275.0k362.0k3.1m2.1m18.0k

Accounts Receivable

221.0k317.0k118.0k14.0k9.0k17.0k10.0k51.0k46.0k10.0k5.0k12.0k12.0k

Prepaid Expenses

1.1m872.0k155.0k75.0k79.0k233.0k248.0k144.0k154.0k182.0k172.0k155.0k123.0k49.0k141.0k146.0k280.0k246.0k1.2m1.8m444.0k177.0k141.0k413.0k328.0k100.0k

Inventories

56.0k56.0k56.0k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(4.5m)(3.6m)(10.9m)(5.8m)(5.1m)(24.8m)(50.4m)(23.8m)(8.8m)

Depreciation and Amortization

122.0k28.0k399.0k704.0k241.0k209.0k1.1m3.3m170.0k

Inventories

(89.0k)36.0k

Accounts Payable

(296.0k)29.0k(14.0k)17.0k(136.0k)3.0k622.0k210.0k352.0k
USDQ2, 2011

Financial Leverage

1.3 x
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MGT Capital Investments Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

MGT Capital Investments Online and Social Media Presence

Embed Graph

MGT Capital Investments News and Updates

Lifshitz & Miller LLP Announces Investigation of Adient PLC, Applied Optoelectronics, Inc., Cocrystal Pharma, Inc., Microchip Technology Incorporated, MGT Capital Investments, Inc., TG Therapeutics, Inc. and USA Technologies, Inc.

NEW YORK, Oct. 30, 2018 /PRNewswire/ -- Adient PLC (ADNT) Lifshitz & Miller announces investigation into possible securities laws violations in connection with ADNT's CEO stepping down and decreased profit forecast for the year. If you are an Adient investor, and would like additional...

LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In MGT Capital Investments To Contact The Firm

NEW YORK, Oct. 29, 2018 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in MGT Capital Investment ("MGT" or the "Company") (Other OTC:MGTI) of the November 27, 2018 deadline to seek the role of lead plaintiff in a federal securities class...

SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against MGT Capital Investments, Inc. (MGTI) and Lead Plaintiff Deadline: November 27, 2018

NEW YORK, Oct. 4, 2018 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against MGT Capital Investments, Inc. ("MGT" or the "Company") (OTCMKT: MGTI) on behalf of shareholders who purchased or otherwise ...

MGT Capital Class Action Lawsuit: Bernstein Liebhard LLP Announces That A Securities Class Action Lawsuit Has Been Filed Against MGT Capital Investments, Inc. - MGTI

NEW YORK, Sept. 28, 2018 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of those who purchased or acquired the securities of MGT Capital Investments, Inc. ("MGT" or the...

MGT INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In MGT Capital Investments, Inc. To Contact The Firm

NEW YORK, Sept. 28, 2018 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against MGT Capital Investments, Inc. ("MGT" or the "Company") (Other OTC:MGTI). If you invested in MGT stock or options and would like to discuss your...
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MGT Capital Investments Blogs

MGT Capital Orders 1,100 Next Generation Bitmain Miners

DURHAM, NC, July 18, 2019 — MGT Capital Investments, Inc. (OTCQB: MGTI) today provided the following update to investors. On July 16, 2019, MGT ordered 1,100 Bitmain S17 Antminers from Bitmain, expected to ship from Malaysia in October 2019 without Chinese tariffs. Each miner is rated at a maximum 5…

MGT Capital Investments Provides Operating Update

DURHAM, NC, July 10, 2019 — MGT Capital Investments, Inc. (OTCQB: MGTI) today provided an operating update to investors. Following a complete review of its Bitcoin mining operations, MGT has determined to consolidate its activities going forward in Company-owned and managed facilities. Central to th…

MGTCI Q3 2018 Investor Update Call

Operator: Good day everyone and welcome to today’s quarterly investor update conference call. At this time all participants are in a listen only mode. Later you will have the opportunity to ask questions during the question and answer session. Please note, this call may be recorded. I will be standi…

MGT Capital Enters into Agreement to Relocate Swedish Bitcoin Miners to Colorado

DURHAM, NC, October 25, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) announced today that it entered into a hosting agreement for a facility in Colorado Springs, CO to support its Bitcoin mining operations. As previously disclosed, the Company has been analyzing various options to relocate its…

Combating Speculation and Addressing Investor Concerns

Stephen Schaeffer, Chief Operations Officer, MGT Capital Investments Given the transitional state of the company, a number of rumors have circulated regarding the future of MGT and our current state of operations. In my capacity as COO, I thought it would be appropriate to respond directly to these …

MGT Capital Announces Management Restructuring

DURHAM, NC, September 10, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) announced today that Robert Ladd, its President and Chief Executive Officer, is taking a leave of absence to focus on addressing the allegations in an SEC Complaint filed on Friday September 7, 2018. H. Robert Holmes, indep…
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MGT Capital Investments Frequently Asked Questions

  • When was MGT Capital Investments founded?

    MGT Capital Investments was founded in 1977.

  • How many employees does MGT Capital Investments have?

    MGT Capital Investments has 6 employees.

  • What is MGT Capital Investments revenue?

    Latest MGT Capital Investments annual revenue is $450 k.

  • What is MGT Capital Investments revenue per employee?

    Latest MGT Capital Investments revenue per employee is $75 k.

  • Who are MGT Capital Investments competitors?

    Competitors of MGT Capital Investments include Ledger, CYBAVO and GreenAddress.

  • Where is MGT Capital Investments headquarters?

    MGT Capital Investments headquarters is located at Wells Fargo Capitol Center, 150 Fayetteville St #1110, Raleigh.

  • Where are MGT Capital Investments offices?

    MGT Capital Investments has an office in Raleigh.

  • How many offices does MGT Capital Investments have?

    MGT Capital Investments has 1 office.