Mount Logan Capital
Combines credit asset management with annuity-liability reinsurance.
Something off on this page? Send us feedback.
Profile
Manages public and private debt investments and reinsures annuity liabilities through Ability Insurance Company. Its U.S.-focused business combines fee-generating asset management with insurance capital and relies on BC Partners Advisors for personnel and administrative support.
Operates two segments: Asset Management, its fee-generating credit-investment business through Mount Logan Management LLC, and Insurance Solutions, conducted through Nebraska-domiciled Ability Insurance Company. Its investment focus is public and private debt securities in North America, while the insurance business reinsures annuity liabilities.
Formed as the current operating business in 2018, the platform became a Nasdaq-listed U.S. public company following its September 2025 combination with 180 Degree Capital. It has no direct employees and receives management and administrative resources from BC Partners Advisors L.P. under a staffing and resource agreement. Continued access to that personnel and support is a disclosed operating dependency.
Company facts
Categories
Key statistics
Year to date −60.5% · Average volume (30d) 34.0K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 11, 2026Q2 FY26 | $0.01 | −$0.37 | −3,800.0% | $13.1M | $8.7M | −33.2% | −7.02% |
| May 14, 2026Q1 FY26 | — | −$0.51 | — | $11.5M | $10.6M | −7.2% | −6.50% |
| Mar 19, 2026Q4 FY25 | −$0.01 | −$4.15 | −41,400.0% | $13.2M | −$1.2M | −109.4% | −4.04% |
| Nov 13, 2025Q3 FY25 | −$0.01 | −$1.64 | −16,300.0% | $20.1M | $27.4M | +36.0% | −2.16% |
Financial highlights
| 10 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $52.0M | $53.6M | $27.4M | −$145.4M | $2.3M | $8.7M | |
| Gross profit | $22.2M | $17.0M | $4.4M | −$103.3M | −$2.3M | $8.6M | |
| Operating income | $10.2M | $6.4M | −$13.4M | −$92.3M | −$20.5M | $3.4M | |
| Net income | −$13.3M | −$3.4M | −$13.4M | −$30.7M | −$6.0M | −$4.2M | |
| Diluted EPS | −$0.48 | −$0.12 | −$1.64 | −$4.84 | −$0.51 | −$0.37 | |
| Gross margin | 42.8% | 31.8% | 16.0% | — | -98.9% | 98.1% | |
| Operating margin | 19.6% | 12.0% | -48.9% | — | -883.6% | 39.0% |
Fiscal years (4-quarter sums)FY24 $104.4M · FY25 −$12.4M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $4.8M · Total debt $110.1M · Total assets $1.55B · Shareholders' equity $60.8M
Dividends
To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 21, 2026 | Aug 21 | Aug 31 | $0.03 | |
| May 26, 2026 | May 26 | Jun 10 | $0.03 | |
| Mar 30, 2026 | Mar 30 | Apr 15 | $0.03 | |
| Nov 25, 2025 | Nov 25 | Dec 11 | $0.03 |
Ownership
Shares outstanding 11.19M · Float 2.57M · 23.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Vanguard Capital Management | 672.2K | 6.00% | 13G | Apr 30, 2026 |
| JB Capital Partners LP | 503.7K | 4.50% | 13F | May 14, 2026 |
| Edward J. Goldthorpe · director, officer: Chief Executive Officer | 297.3K | 2.66% | Form 4 | Jun 23, 2026 |
| Hightower Advisors, LLC | 281.3K | 2.51% | 13F | May 5, 2026 |
| Punch & Associates Investment Management, Inc. | 218.9K | 1.96% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | David Held | officer: Chief Compliance Officer | +946 | $3.39 |
| Aug 20, 2026 | Brandon Satoren | officer: Chief Financial Officer | +500 | $3.20 |
| Aug 18, 2026 | Brandon Satoren | officer: Chief Financial Officer | +1,000 | $3.02 |
| Aug 17, 2026 | Brandon Satoren | officer: Chief Financial Officer | +1,000 | $3.13 |
| Jun 22, 2026 | Edward J. Goldthorpe | director, officer: Chief Executive Officer | +7,970 | $2.77 |
Peers
- Apollo Global Management
Alternative credit manager and retirement-services provider
- KKR
Alternative investment manager with retirement and reinsurance solutions
- Ares Management
Alternative credit manager and advisor to life-annuity reinsurers
- Brookfield
Alternative asset manager with wealth and annuity solutions
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Mount Logan Capital | $3.19 | −1.85% | $35.7M | — | — | — | −83.7% |
| Apollo Global Management | $135.48 | +0.35% | $77.78B | 30.2 | 13.8 | 2.2 | +63.7% |
| KKR | $108.40 | −0.21% | $97.58B | 34.2 | 16.3 | 4.6 | −44.8% |
| Ares Management | $142.53 | +0.04% | $46.81B | 59.1 | 21.9 | 7.3 | +5.8% |
| Brookfield | $41.33 | −0.01% | $92.31B | 74.1 | 12.8 | 1.2 | +9.3% |
| Median | 46.7 | 15.0 | 3.4 | +7.6% |