Company Profile For MGT Capital Investments, Inc.

MGT Capital Investments, Inc. (MGT) (American Stock Exchange)
sector: Technology · industry: Software ·
As of  24 Nov 2009
0.41USD
Price Change
+0.01
Percent Change
+2.47%
 
 
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Overview

MGT Capital Investments, Inc. (MGT) is a holding company in the global Healthcare Information Technology (HCIT) sector. The Company has a controlling interest in its two main operating subsidiaries: Medicsight PLC (Medicsight) and Medicexchange Limited (Medicexchange).Medicsight and its wholly owned subsidiaries is a is a medical imaging software development company that develops and commercializes enterprise-wide, computer-aided detection (CAD) software, which analyses computer tomography (CT) scans for the early detection and measurement of colorectal polyps and lung lesions. Medicexchange and its majority owned subsidiaries provides medical imaging professionals with a global Web portal containing an online sales channel for diagnostic, treatment and surgery planning solutions. On April 3, 2008, MGT acquired Maydeal.com, a Chinese Web business that offers an online portal for radiologists in China.

Quick Financial Synopsis

BRIEF: For the six months ended 31 June 2009 MGT Capital Investments Inc.'s revenues decreased 12% to $121K. Net loss totaled $19.2M,up from $8.9M. Revenues reflect an increase in income from medicsight segment of business due to higher volumes. Higher loss reflects an increase in research &development expences, the presence of impairment of goodwill, and the presence on net interest expense vs. an income.

Company Address

MGT Capital Investments, Inc.
Kensington Centre
66, Hammersmith Road
London   ENG   W14 8UD
P: +4420.76057950
F: +4420.75984071

Total Employees

96

Find Out More About MGT

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