mF International Ltd Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
mF International Ltd has an operating margin of -74.3%, meaning the company retains $-74 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 20.9% the prior year.
mF International Ltd's revenue declined 17.9% year-over-year, from $4.1M to $3.4M. This contraction results in a growth score of 0/100.
mF International Ltd carries a low D/E ratio of 0.06, meaning only $0.06 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
mF International Ltd's current ratio of 2.00 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.
While mF International Ltd generated -$2.8M in operating cash flow, capex of $60K consumed most of it, leaving -$2.9M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
mF International Ltd passes 3 of 9 financial strength tests. No profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, mF International Ltd generates $1.08 in operating cash flow (-$2.8M OCF vs -$2.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
mF International Ltd earns $-59.6 in operating income for every $1 of interest expense (-$2.5M vs $42K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows mF International Ltd (MFI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
mF International Ltd generated $3.4M in revenue in fiscal year 2024. This represents a decrease of 17.9% from the prior year.
mF International Ltd's EBITDA was -$1.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 220.3% from the prior year.
mF International Ltd generated -$2.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 299.2% from the prior year.
mF International Ltd reported -$2.6M in net income in fiscal year 2024. This represents a decrease of 406.6% from the prior year.
mF International Ltd earned $-0.20 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 374.0% from the prior year.
mF International Ltd held $2.5M in cash against $264K in long-term debt as of fiscal year 2024.
mF International Ltd had 4M shares outstanding in fiscal year 2024. This represents a decrease of 63.7% from the prior year.
mF International Ltd's gross margin was 47.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 9.1 percentage points from the prior year.
mF International Ltd's operating margin was -74.3% in fiscal year 2024, reflecting core business profitability. This is down 95.2 percentage points from the prior year.
mF International Ltd's net profit margin was -77.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 98.2 percentage points from the prior year.
mF International Ltd invested $22K in research and development in fiscal year 2024. This represents an increase of 1428.0% from the prior year.
mF International Ltd invested $60K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 867.8% from the prior year.
MFI Income Statement
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
MFI Balance Sheet
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|
| Total Assets | $5.6M-25.8% | $7.5M-19.2% | $9.3M+114.3% | $4.3M |
| Current Assets | $3.2M-27.8% | $4.4M-28.2% | $6.1M+371.5% | $1.3M |
| Cash & Equivalents | $1.6M-35.2% | $2.5M-35.2% | $3.9M+348.1% | $872K |
| Inventory | N/A | N/A | N/A | N/A |
| Accounts Receivable | $50K-65.6% | $144K+1.2% | $142K-56.9% | $330K |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.7M-4.9% | $2.9M+2.6% | $2.8M-0.7% | $2.8M |
| Current Liabilities | $2.3M+5.9% | $2.2M+9.8% | $2.0M+28.1% | $1.6M |
| Long-Term Debt | $40K-84.8% | $264K-49.8% | $525K-32.3% | $776K |
| Total Equity | $2.8M-38.7% | $4.6M-28.6% | $6.5M+330.8% | $1.5M |
| Retained Earnings | -$3.1M-129.2% | -$1.4M-349.3% | $542K-56.7% | $1.3M |
MFI Cash Flow Statement
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
MFI Financial Ratios
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 1.36-0.6 | 2.00-1.1 | 3.05+2.2 | 0.83 |
| Debt-to-Equity | 0.01-0.0 | 0.06-0.0 | 0.08-0.4 | 0.52 |
| FCF Margin | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is mF International Ltd's annual revenue?
mF International Ltd (MFI) reported $3.4M in total revenue for fiscal year 2024. This represents a -17.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is mF International Ltd's revenue growing?
mF International Ltd (MFI) revenue declined by 17.9% year-over-year, from $4.1M to $3.4M in fiscal year 2024.
Is mF International Ltd profitable?
No, mF International Ltd (MFI) reported a net income of -$2.6M in fiscal year 2024, with a net profit margin of -77.5%.
What is mF International Ltd's earnings per share (EPS)?
mF International Ltd (MFI) reported diluted earnings per share of $-0.20 for fiscal year 2024. This represents a -374.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is mF International Ltd's EBITDA?
mF International Ltd (MFI) had EBITDA of -$1.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does mF International Ltd have?
As of fiscal year 2024, mF International Ltd (MFI) had $2.5M in cash and equivalents against $264K in long-term debt.
What is mF International Ltd's gross margin?
mF International Ltd (MFI) had a gross margin of 47.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is mF International Ltd's operating margin?
mF International Ltd (MFI) had an operating margin of -74.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is mF International Ltd's net profit margin?
mF International Ltd (MFI) had a net profit margin of -77.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is mF International Ltd's free cash flow?
mF International Ltd (MFI) generated -$2.9M in free cash flow during fiscal year 2024. This represents a -299.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is mF International Ltd's operating cash flow?
mF International Ltd (MFI) generated -$2.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are mF International Ltd's total assets?
mF International Ltd (MFI) had $7.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are mF International Ltd's capital expenditures?
mF International Ltd (MFI) invested $60K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does mF International Ltd spend on research and development?
mF International Ltd (MFI) invested $22K in research and development during fiscal year 2024.
How many shares does mF International Ltd have outstanding?
mF International Ltd (MFI) had 4M shares outstanding as of fiscal year 2024.
What is mF International Ltd's current ratio?
mF International Ltd (MFI) had a current ratio of 2.00 as of fiscal year 2024, which is generally considered healthy.
What is mF International Ltd's debt-to-equity ratio?
mF International Ltd (MFI) had a debt-to-equity ratio of 0.06 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is mF International Ltd's return on assets (ROA)?
mF International Ltd (MFI) had a return on assets of -34.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is mF International Ltd's cash runway?
Based on fiscal year 2024 data, mF International Ltd (MFI) had $2.5M in cash against an annual operating cash burn of $2.8M. This gives an estimated cash runway of approximately 11 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is mF International Ltd's Piotroski F-Score?
mF International Ltd (MFI) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are mF International Ltd's earnings high quality?
mF International Ltd (MFI) has an earnings quality ratio of 1.08x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can mF International Ltd cover its interest payments?
mF International Ltd (MFI) has an interest coverage ratio of -59.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is mF International Ltd?
mF International Ltd (MFI) scores 32 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.