The Marquie Group Inc (TMGI) Q3 2025 Earnings Report

The Marquie Group Inc (TMGI) reported a negative bottom line for QQ3 2025, with net income of -$108,693 and an operating loss of -$23,214, reflecting a constrained profitability profile in a capital-intensive, legacy radio business. EBITDA came in at -$19,342, underscoring limited operating leverage amid a heavy financing burden, as interest expense totaled $89,295 for the quarter. Revenue for QQ3 2025 was not disclosed in the provided data, complicating top-line assessment; however, the cost structure and financing costs dominate the quarterly outcome. Cash flow was weak, with operating cash flow at -$1,289 and free cash flow at -$1,322, while cash at period-end stood at a meager $3,921. The balance sheet shows total assets of $6.25 million against liabilities of $5.34 million, yielding equity of $0.91 million. A notable feature is the sizable non-current asset base labeled as “other non-current assets” totaling $6.24 million, which raises questions about asset quality and liquidity under any stress scenario. Liquidity is extremely tight given current liabilities of $5.34 million against virtually no liquid assets, resulting in a reported current ratio of roughly 0.0007. The near-term debt load is meaningful, with short-term debt of $3.56 million in a small-cap-like balance sheet, and total debt of $3.56 million; retained earnings are deeply negative at -$15.33 million, indicating a sustained cumulative loss profile. Trailing four-quarter data show continued losses in recent quarters, with incremental—but still negative—net income and EBITDA progression, suggesting stabilization in some cost areas but no meaningful revenue relief yet. Given limited visibility on revenue, a lack of explicit forward guidance, and an elevated balance sheet risk, the near-term investment thesis remains cautious. Any improvement will likely hinge on debt restructuring, monetization of non-operating assets, and a credible path to revenue generation, alongside disciplined cost management. Management commentary and earnings-call context are not available in the provided data, which constrains the ability to confirm strategic pivots or confirm near-term guidance. Investors should monitor liquidity events, debt maturities, and any announcements on monetization or strategic partnerships that could alter the risk/return profile.