NFT Limited (MI) 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 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed May 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MI SEC filings page.
NFT Limited (MI) reported $726K in revenue for fiscal year 2025, down 2.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
High gross margins remain, but shrinking revenue and a massive cash outflow overwhelm this lightly leveraged balance sheet.
Revenue fell roughly78.7% from FY2022 to FY2025 while gross margin held near74.0% , pointing to broadly stable unit economics but less scale to absorb operating costs. The business therefore appears constrained more by operating scale and cash movement than by direct production economics.
In FY2025, the company reported a net loss of
Reported solvency improved: debt-to-equity fell from 0.3x in FY2022 to 0.1x in FY2025. Yet the 17.1x current ratio coexists with liquidity equal to just 0.3 months of reported outflow, showing that a large current-asset balance does not necessarily represent readily deployable cash.
Financial Health Signals
NFT Limited does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
NFT Limited scores 6.10, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($55.5M) relative to total liabilities ($6.2M). 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.
NFT Limited passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
NFT Limited reported a net loss of $1.4M while operations used $99.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
NFT Limited reported an operating loss of $1.1M against $269K 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 Q4 2025.
Cash & Balance Sheet
NFT Limited held $2.8M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
MI 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).
MI 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 | Q4'2520-F | Q2'256-K/A | Q4'2420-F | Q2'2410-Q | Q4'2310-K | Q4'2210-K |
|---|---|---|---|---|---|---|
| Total Assets | $105.9M+22.2% | $105.9M+22.0% | $86.6M+17.5% | $86.8M | $73.7M+8.8% | $67.8M |
| Current Assets | $105.9M+22.2% | $105.9M+22.0% | $86.6M+17.5% | $86.8M | $73.7M+8.9% | $67.7M |
| Cash & Equivalents | $2.8M-96.6% | $62.5M-23.5% | $82.3M+33.2% | $81.6M | $61.8M-3.0% | $63.7M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.2M+8.0% | $25.9M+114.8% | $5.7M-55.6% | $12.0M | $12.9M-16.0% | $15.3M |
| Current Liabilities | $6.2M+8.0% | $5.9M-51.4% | $5.7M-55.6% | $12.0M | $12.9M-16.0% | $15.3M |
| Non-Current Liabilities | $0 | $20.0M | $0 | $0 | $0 | $0 |
| Total Equity | $99.7M+23.2% | $80.1M+7.1% | $80.9M+33.1% | $74.8M | $60.8M+16.0% | $52.4M |
| Retained Earnings | -$30.0M-4.8% | -$29.5M-2.8% | -$28.7M+18.0% | -$28.7M | -$35.0M+12.2% | -$39.8M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
MI 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.
MI 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 |
|---|---|---|---|---|---|---|
| NFT Limited MI | FY2025 | $726K | -$1.4M | N/A | $55.5M | — |
| iPower, Inc. IPW | FY2026 | $20.0M | -$11.6M | -58.2% | $1.1M | 29/100 |
| Linkage Global Inc LGCB | FY2025 | $5.1M | -$7.4M | N/A | $20.0M | 17/100 |
| MOGU Inc. MOGU | FY2026 | $18.2M | $266K | 1.5% | $15.8M | 43/100 |
| Yunji Inc. YJ | FY2025 | $45.3M | -$19.1M | -42.0% | $7.5M | 40/100 |
Where NFT Limited Ranks
Frequently Asked Questions
What is NFT Limited's annual revenue?
NFT Limited (MI) reported $726K in total revenue for fiscal year 2025. This represents a -2.0% 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 NFT Limited's revenue growing?
NFT Limited (MI) revenue declined by 2.0% year-over-year, from $741K to $726K in fiscal year 2025.
Is NFT Limited profitable?
No, NFT Limited (MI) reported a net income of -$1.4M in fiscal year 2025.
What is NFT Limited's gross margin?
NFT Limited (MI) had a gross margin of 73.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is NFT Limited's return on equity (ROE)?
NFT Limited (MI) has a return on equity of -1.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is NFT Limited's operating cash flow?
NFT Limited (MI) recorded an outflow of $99.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are NFT Limited's total assets?
NFT Limited (MI) had $105.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What is NFT Limited's current ratio?
NFT Limited (MI) had a current ratio of 17.13 as of fiscal year 2025, which is generally considered healthy.
What is NFT Limited's debt-to-equity ratio?
NFT Limited (MI) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is NFT Limited's return on assets (ROA)?
NFT Limited (MI) had a return on assets of -1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is NFT Limited's P/E ratio?
NFT Limited (MI) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $55.5M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is NFT Limited's price-to-sales ratio?
NFT Limited (MI) trades at 76.5x sales, its market capitalization divided by revenue of $726K revenue, FY2025. The market capitalization is $55.5M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does NFT Limited's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, NFT Limited (MI) held $2.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $99.3M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is NFT Limited's Altman Z-Score?
NFT Limited (MI) has an Altman Z-Score of 6.10, 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 NFT Limited's Piotroski F-Score?
NFT Limited (MI) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 NFT Limited's earnings high quality?
NFT Limited (MI) reported a net loss of $1.4M while operations used $99.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 NFT Limited cover its interest payments?
NFT Limited (MI) reported an operating loss of $1.1M against $269K 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.