Miami International Holdings $MIAX Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up Miami International Holdings, Inc. ($MIAX). Last filing: 10-Q, 2026-08-07. 18 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $1.4B (FY2025), total debt $1.5M. Experience: revenue up 19.6% on the year, up 14.5% a year over 2 years; operating margin 6.7%, up from -0.2%. Soundness: equity 70.0% of assets, return on equity -7.9%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $1.3B and $1.9B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, security brokers, dealers & flotation companies): operating margin 6.7% against a 24.4% median; growth 19.6% against 18.7%.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $168M · −$101M · $215M · $145M |
| Investment book (cash · short · long) | $434M · — · $19M · current ratio 2.54 |
| Revenue swing · equity of assets | 6.3% · 70.0% |
Miami International Holdings is growing faster than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $1.4B |
| Revenue, on the year | 19.6% |
| Revenue, a year over the record | 14.5% |
| Operating margin | 6.7% |
| Operating margin, prior year | −0.2% |
| Net margin | −5.1% |
| Research and development | not filed separately |
| Total debt | $2M |
| Equity of assets | 70.0% |
| Return on equity | −7.9% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $-1 |
| Book value per share | $12.62 |
| Revenue per share | $19.53 |
| Shares outstanding | 69,836,032 |
| Audited years read | 3 |
Peers: the median of 10 filers with $50M+ revenue in security brokers, dealers & flotation companies.
Health HarborMiami International Holdings sails as: New ship
Health watch · 12 monthsDirector or officer change ×5
Sailing speed follows growth: 19.7% a year crosses the harbor in 30 seconds.
🌊 Visit the Bay →No warning signs on the measures below.
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 10-Q · 2026-08-07
- 8-K · 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-21 · 8.01 Other Events
- 8-K · 2026-06-22 · 3.02 Unregistered Sales of Equity Securities
- 8-K · 2026-06-18 · 5.07 Submission of Matters to a Vote of Security Holders
- 8-K · 2026-06-17 · 5.02 Departure or Election of Directors; Appointment of Officers
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company