Mag Mile Capital Reports 27.5% Revenue Increase in Q3 2025, Year-to-Date Revenue Declines 11.7%

Mag Mile Capital, Inc. reported its financial results for the third quarter and the first nine months of 2025, revealing a revenue increase of 27.5% for the quarter but an overall decline of 11.7% for the year-to-date period. For the three months ended September 30, 2025, the company generated revenue of $324,600, compared to $254,550 in the same period last year. However, for the nine months ending September 30, 2025, total revenue was $1,811,975, down from $2,051,443 in 2024. The company attributed the decline in year-to-date revenue to sustained higher interest rates and lower deal activity.

Despite the quarterly revenue increase, Mag Mile Capital reported a net loss of $447,064 for the third quarter of 2025, slightly improved from a loss of $450,515 in the same quarter of 2024. For the nine-month period, the net loss widened significantly to $502,934 from $35,428 in the previous year. The increase in losses was primarily driven by higher operating expenses, which surged to $1,182,185 for the nine months ended September 30, 2025, compared to $750,462 in the prior year. Notably, general and administrative expenses rose sharply due to increased marketing costs and a significant non-cash consulting expense.

Operationally, the company has seen a notable shift in its financial structure. As of September 30, 2025, total assets decreased to $598,504 from $713,218 at the end of 2024, while total liabilities increased to $1,268,016 from $879,796. This resulted in a stockholders' equity deficit of $669,512, compared to a deficit of $166,578 at the end of the previous fiscal year. The increase in liabilities was largely due to a rise in accounts payable and accruals, as well as a significant increase in loans payable to related parties.

In terms of strategic developments, Mag Mile Capital has been focusing on expanding its market presence and enhancing its operational capabilities. The company has developed a commercial real estate origination software platform named CapLogiq, which utilizes automation and artificial intelligence to streamline the loan closing process. Additionally, the company is pursuing growth through increased sales and marketing efforts, as well as potential strategic acquisitions. The management has indicated that they plan to leverage their public company status to attract new talent and explore acquisition opportunities.

Looking ahead, Mag Mile Capital's management expressed optimism about future growth, contingent on improving market conditions and the successful execution of their strategic initiatives. However, the company also acknowledged the challenges posed by current economic conditions, including high interest rates and competitive pressures in the commercial real estate sector. The management's ability to navigate these challenges will be critical to the company's financial recovery and long-term sustainability.