mF International Limited (MFI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q2 FY2026, filed Sep 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MFI SEC filings page.
mF International Limited (MFI) reported $4.3M in revenue for fiscal year 2025, up 29.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Reported profitability in FY2025 did not translate into cash, while the balance sheet became dramatically larger and less debt-funded.
FY2025 net income of$10.1M coexisted with operating cash flow of-$2.0M , so reported profit was not arriving through operations. Free cash flow was-$2.1M , unlike FY2023 when net income and operating cash flow were both positive, pointing to a changed earnings mix rather than simply a larger operating engine.
Reported total assets jumped to
Revenue recovered to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of mF International Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
mF International Limited's reported operating margin for fiscal year 2025 is below the lowest share of revenue this page publishes, so the figure is not shown here. This dimension scores 13/100.
mF International Limited's revenue surged 29.4% year-over-year to $4.3M, reflecting rapid business expansion. This strong growth earns a score of 41/100.
mF International Limited carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
mF International Limited's current ratio of 164.32 indicates adequate short-term liquidity, earning a score of 59/100. The company can meet its near-term obligations, though with limited headroom.
mF International Limited's operations used $2.0M of cash, and capex of $19K added to the outflow, for a free cash flow shortfall of $2.1M. This results in a cash flow score of 6/100.
mF International Limited generates a 2.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 14/100. This is up from -56.3% the prior year.
mF International Limited scores 70.95, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($393.4M) relative to total liabilities ($3.4M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
mF International Limited passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, mF International Limited used $0.20 of operating cash (-$2.0M OCF vs $10.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
mF International Limited reported an operating loss of $6.2M against $20K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q2 2026.
Cash & Balance Sheet
mF International Limited held $29.0M in cash against $40K in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
MFI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
MFI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q4'2520-F | Q2'256-K | Q4'2410-K | Q2'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|
| Total Assets | $241.3M+4229.8% | $518.9M+6812.9% | $5.6M-40.0% | $7.5M+73.2% | $9.3M | $4.3M |
| Current Assets | $240.8M+7523.9% | $518.3M+11738.4% | $3.2M-48.2% | $4.4M+238.4% | $6.1M | $1.3M |
| Cash & Equivalents | $29.0M+1669.3% | $28.7M+1034.1% | $1.6M-58.0% | $2.5M+190.3% | $3.9M | $872K |
| Short-Term Investments | $20.2M | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $12K-76.8% | $29K-80.0% | $50K-65.2% | $144K-56.3% | $142K | $330K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.0M-63.1% | $3.4M+17.4% | $2.7M-2.5% | $2.9M+1.8% | $2.8M | $2.8M |
| Current Liabilities | $948K-59.2% | $3.2M+43.8% | $2.3M+16.3% | $2.2M+40.7% | $2.0M | $1.6M |
| Non-Current Liabilities | $62K-85.1% | $229K-66.7% | $418K-48.7% | $689K-45.8% | $814K | $1.3M |
| Long-Term Debt | $40K0.0% | $0-100.0% | $40K-92.4% | $264K-66.0% | $525K | $776K |
| Total Equity | $240.3M+8383.8% | $515.5M+11050.2% | $2.8M-56.3% | $4.6M+207.5% | $6.5M | $1.5M |
| Retained Earnings | -$262.8M-8391.1% | $8.8M+750.1% | -$3.1M-671.4% | -$1.4M-207.8% | $542K | $1.3M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
MFI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
MFI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| mF International Limited MFI | FY2025 | $4.3M | $10.1M | N/A | $393.4M | 37/100 |
| Phunware, Inc. PHUN | FY2025 | $2.6M | -$11.4M | N/A | $41.7M | 50/100 |
| Aware Inc AWRE | FY2025 | $17.3M | $5.9M | 34.0% | $19.6M | 39/100 |
| Hitek Global Inc. HKIT | FY2025 | $6.5M | $180K | 2.8% | $22.7M | 50/100 |
| NetSol Technologies, Inc. NTWK | FY2026 | $78.1M | $3.0M | 3.8% | $74.2M | 63/100 |
| Upland Software, Inc. UPLD | FY2025 | $216.9M | $40.4M | 18.6% | $10.0M | 23/100 |
Where mF International Limited Ranks
Frequently Asked Questions
What is mF International Limited's annual revenue?
mF International Limited (MFI) reported $4.3M in total revenue for fiscal year 2025. This represents a 29.4% 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 Limited's revenue growing?
mF International Limited (MFI) revenue grew by 29.4% year-over-year, from $3.4M to $4.3M in fiscal year 2025.
Is mF International Limited profitable?
Yes, mF International Limited (MFI) reported a net income of $10.1M in fiscal year 2025.
What is mF International Limited's EBITDA?
mF International Limited (MFI) had EBITDA of -$5.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does mF International Limited have?
As of fiscal year 2025, mF International Limited (MFI) had $28.7M in cash and equivalents against $0 in long-term debt.
What is mF International Limited's gross margin?
mF International Limited (MFI) had a gross margin of 29.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is mF International Limited's return on equity (ROE)?
mF International Limited (MFI) has a return on equity of 2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is mF International Limited's free cash flow?
mF International Limited (MFI) recorded an outflow of $2.1M in free cash flow during fiscal year 2025. This represents a 28.4% 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 Limited's operating cash flow?
mF International Limited (MFI) recorded an outflow of $2.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are mF International Limited's total assets?
mF International Limited (MFI) had $518.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are mF International Limited's capital expenditures?
mF International Limited (MFI) invested $19K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does mF International Limited spend on research and development?
mF International Limited (MFI) invested $6K in research and development during fiscal year 2025.
What is mF International Limited's current ratio?
mF International Limited (MFI) had a current ratio of 164.32 as of fiscal year 2025, which is generally considered healthy.
What is mF International Limited's debt-to-equity ratio?
mF International Limited (MFI) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is mF International Limited's return on assets (ROA)?
mF International Limited (MFI) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is mF International Limited's P/E ratio?
mF International Limited (MFI) trades at 38.9x earnings, its market capitalization divided by net income of $10.1M net income, FY2025. The market capitalization is $393.4M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is mF International Limited's price-to-sales ratio?
mF International Limited (MFI) trades at 90.5x sales, its market capitalization divided by revenue of $4.3M revenue, FY2025. The market capitalization is $393.4M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is mF International Limited's Altman Z-Score?
mF International Limited (MFI) has an Altman Z-Score of 70.95, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is mF International Limited's Piotroski F-Score?
mF International Limited (MFI) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are mF International Limited's earnings high quality?
For every $1 of reported earnings, mF International Limited (MFI) used $0.20 of operating cash (-$2.0M OCF vs $10.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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 Limited cover its interest payments?
mF International Limited (MFI) reported an operating loss of $6.2M against $20K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 Limited?
mF International Limited (MFI) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.