Consolidated Statements
Updated 4th Quarter 2025
Sector Allocation
Reported based on the Global Industry Classification Standard (GICS)
(As of December 31, 2025)
Book Value per Share
MMH Class A
$22.08
Overall Gain in Per-Share Book Value: 150.9%
(4th Quarter 2022 – 4th Quarter 2025)
Statement of Changes in Equity
(value in %)
4th Quarter
- Cash and Cash Equivalents 0.5
- Investments in Marketable Securities:
- Unrealized & Realized Gains (Losses) 2.7
- Allocation Adjustments (1) 0.2
- Non-Core Assets Valuations 0.4
- Other Equity Adjustments (2) 0.0
- Total Change in Per-Share Book Value %2.7
- $0.58
Consolidated fair value-based data. Internal valuation only. Not listed
(As of December 31, 2025 – Unaudited)
Capital Allocation
Assets (value in %)
4th Quarter
- Cash & Cash Equivalents 5.1
- Investments:
- Equity Securities 62.0
- Fixed Income Securities 13.2
- Other Non-Core Assets 20.0
- Total Assets (%) 100.0
Valuation Basis
- Publicly Traded Securities Market Value
- Non-Core Assets Est. Fair Value
- Cash Equivalents Nominal Value
NOTES
Presented for informational purposes only. Based on internal assessments.
Figures represent the unaudited consolidated composition of total assets.
Figures represent the unaudited consolidated composition of total assets.
Data and disclosures provided herein are intended solely as a historical record and archival resource of the holding company’s operations. They are presented for informational purposes only, are based on unaudited internal assessments, may be subject to change, and should not be interpreted as investment advice, nor as an offer, solicitation, or invitation to purchase or sell any product, service, or security.