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FY2025
12 months to Dec 31, 2025
|
|
|---|---|
| Revenues | |
| Transaction and clearing fees | |
| Access fees | |
| Market data fees | |
| Other revenue | |
| Total revenues | |
| Cost of revenues: | |
| Liquidity payments | |
| Brokerage, clearing, and exchange fees | |
| Section 31 fees | |
| Equity rights program | |
| Other cost of revenues | |
| Total cost of revenues | |
| Revenues less cost of revenues | |
| Operating expenses: | |
| Compensation and benefits | |
| Information technology and communication costs | |
| Depreciation and amortization | |
| Occupancy costs | |
| Professional fees and outside services | |
| Marketing and business development | |
| Acquisition-related costs | |
| General, administrative, and other | |
| Total operating expenses | |
| Operating income (loss) | |
| Non-operating (expense) income: | |
| Change in fair value of warrants on puttable shares & puttable common stock | |
| Loss on extinguishment of puttable common stock liability | |
| Change in fair value of puttable warrants issued with debt | |
| Interest income | |
| Interest expense and amortization of debt issuance costs | |
| Impairment of investment | |
| Gain (loss) on intangible asset | |
| Unrealized gain (loss) on derivative assets | |
| Loss on debt extinguishment | |
| Other, net | |
| Income (loss) before income tax provision | |
| Income tax benefit (expense) | |
| Net income (loss) | |
| Net loss attributable to non-controlling interest | |
| Net income (loss) attributable to Miami International Holdings, Inc. | |
| Weighted-average shares of common stock outstanding | |
| Basic (in shares) | |
| Diluted (in shares) | |
| Net income (loss) per share attributable to common stock | |
| Basic (in dollars per share) | |
| Diluted (in dollars per share) |
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