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Mega Matrix Corp Financials

MPU
Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Mega Matrix Corp (MPU) financial statements, including the 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).

Financial Health Signals

Piotroski F-Score Weak
2/9

Mega Matrix Corp passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Mixed
-0.46x

For every $1 of reported earnings, Mega Matrix Corp generates $-0.46 in operating cash flow ($4.1M OCF vs -$8.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk
-88.5x

Mega Matrix Corp earns $-88.5 in operating income for every $1 of interest expense (-$11.6M vs $131K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$36.2M

Mega Matrix Corp generated $36.2M in revenue in fiscal year 2024.

EBITDA
-$7.0M

Mega Matrix Corp's EBITDA was -$7.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Net Income
-$8.9M
YoY-118.5%

Mega Matrix Corp reported -$8.9M in net income in fiscal year 2024. This represents a decrease of 118.5% from the prior year.

EPS (Diluted)
$-0.23
YoY-76.9%

Mega Matrix Corp earned $-0.23 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 76.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$8.9M
YoY+183.4%

Mega Matrix Corp held $8.9M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share
N/A
Shares Outstanding
35M

Mega Matrix Corp had 35M shares outstanding in fiscal year 2024.

Margins & Returns

Gross Margin
58.1%

Mega Matrix Corp's gross margin was 58.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs.

Operating Margin
-32.1%

Mega Matrix Corp's operating margin was -32.1% in fiscal year 2024, reflecting core business profitability.

Net Margin
-24.6%

Mega Matrix Corp's net profit margin was -24.6% in fiscal year 2024, showing the share of revenue converted to profit.

Return on Equity
-63.0%
YoY-23.9pp

Mega Matrix Corp's ROE was -63.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 23.9 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

MPU Income Statement

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Revenue $6.1M-13.4% $7.1M-8.7% $7.7M-24.4% $10.2M-1.1% $10.3M+49.6% $6.9M-20.4% $8.7M N/A
Cost of Revenue $3.2M+9.1% $2.9M-14.4% $3.4M-26.6% $4.7M+8.6% $4.3M+58.5% $2.7M-22.6% $3.5M N/A
Gross Profit $2.9M-29.4% $4.1M-4.2% $4.3M-22.5% $5.6M-8.0% $6.1M+43.8% $4.2M-19.0% $5.2M N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $9.8M+341.7% $2.2M-9.1% $2.5M-8.1% $2.7M+15.8% $2.3M-20.0% $2.9M+28.5% $2.2M N/A
Operating Income -$9.6M-526.0% -$1.5M+39.9% -$2.5M-120.4% -$1.2M+57.2% -$2.7M+10.8% -$3.0M+36.8% -$4.8M N/A
Interest Expense N/A N/A N/A N/A -$85K N/A N/A N/A
Income Tax $800+300.0% $200-50.0% $4000.0% $4000.0% $4000.0% $400+100.1% -$277K N/A
Net Income -$10.8M-640.6% -$1.5M+40.9% -$2.5M-34.6% -$1.8M+33.6% -$2.8M+18.5% -$3.4M-292.7% -$867K N/A
EPS (Diluted) $-0.21-425.0% $-0.04+42.9% $-0.07 N/A $-0.08+20.0% $-0.10-100.0% $-0.05 N/A

MPU Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Total Assets $42.7M+157.4% $16.6M-4.1% $17.3M-11.1% $19.5M-13.3% $22.4M N/A N/A $13.3M
Current Assets $38.0M+215.0% $12.1M-5.3% $12.7M-14.6% $14.9M-15.7% $17.7M N/A N/A $11.6M
Cash & Equivalents $9.8M+143.8% $4.0M-40.7% $6.8M-23.8% $8.9M-10.8% $9.9M-17.0% $12.0M+320.4% $2.9M-8.9% $3.1M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $429K-41.6% $734K+44.0% $510K+20.6% $423K-0.8% $426K N/A N/A N/A
Goodwill $2.9M0.0% $2.9M0.0% $2.9M0.0% $2.9M0.0% $2.9M N/A N/A $2.9M
Total Liabilities $5.3M-6.9% $5.7M+5.6% $5.4M+0.5% $5.4M-19.3% $6.6M N/A N/A $2.9M
Current Liabilities N/A N/A N/A N/A N/A N/A N/A N/A
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $37.4M+242.9% $10.9M-8.4% $11.9M-15.5% $14.1M-10.7% $15.8M-8.6% $17.3M+5.8% $16.3M+57.1% $10.4M
Retained Earnings -$41.1M-35.8% -$30.3M-5.1% -$28.8M-9.4% -$26.3M-7.5% -$24.5M N/A N/A -$17.5M

MPU Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Operating Cash Flow -$3.5M-96.6% -$1.8M+19.7% -$2.2M-178.4% -$794K+75.4% -$3.2M-139.2% $8.2M+8602.6% -$97K+90.6% -$1.0M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$312K+76.6% -$1.3M-1535.6% $93K+132.7% -$283K+8.6% -$310K-3.3% -$300K+69.7% -$992K-405.7% -$196K
Financing Cash Flow $9.6M+2578.2% $357K+10400.0% $3K $0-100.0% $1.5M+25.5% $1.2M+47.5% $810K-66.2% $2.4M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

MPU Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Gross Margin 47.7%-10.8pp 58.5%+2.8pp 55.8%+1.3pp 54.4%-4.1pp 58.5%-2.3pp 60.8%+1.1pp 59.7% N/A
Operating Margin -156.3%-134.7pp -21.6%+11.2pp -32.8%-21.5pp -11.3%+14.7pp -26.0%+17.6pp -43.6%+11.3pp -54.8% N/A
Net Margin -177.4%-156.7pp -20.7%+11.3pp -32.0%-14.0pp -18.0%+8.8pp -26.8%+22.4pp -49.2%-39.2pp -10.0% N/A
Return on Equity -29.0%-15.6pp -13.4%+7.4pp -20.8%-7.8pp -13.0%+4.5pp -17.5%+2.1pp -19.7%-14.4pp -5.3% N/A
Return on Assets -25.4%-16.6pp -8.8%+5.5pp -14.3%-4.9pp -9.5%+2.9pp -12.4% N/A N/A N/A
Current Ratio N/A N/A N/A N/A N/A N/A N/A N/A
Debt-to-Equity 0.14-0.4 0.52+0.1 0.45+0.1 0.38-0.0 0.42 N/A N/A 0.28
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Mega Matrix Corp (MPU) reported $36.2M in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, Mega Matrix Corp (MPU) reported a net income of -$8.9M in fiscal year 2024, with a net profit margin of -24.6%.

Mega Matrix Corp (MPU) reported diluted earnings per share of $-0.23 for fiscal year 2024. This represents a -76.9% 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.

Mega Matrix Corp (MPU) had EBITDA of -$7.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Mega Matrix Corp (MPU) had a gross margin of 58.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Mega Matrix Corp (MPU) had an operating margin of -32.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Mega Matrix Corp (MPU) had a net profit margin of -24.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Mega Matrix Corp (MPU) has a return on equity of -63.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Mega Matrix Corp (MPU) generated $4.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Mega Matrix Corp (MPU) had $19.5M in total assets as of fiscal year 2024, including both current and long-term assets.

Mega Matrix Corp (MPU) had 35M shares outstanding as of fiscal year 2024.

Mega Matrix Corp (MPU) had a debt-to-equity ratio of 0.38 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Mega Matrix Corp (MPU) had a return on assets of -45.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Mega Matrix Corp (MPU) has a Piotroski F-Score of 2 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.

Mega Matrix Corp (MPU) has an earnings quality ratio of -0.46x, considered mixed quality. 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.

Mega Matrix Corp (MPU) has an interest coverage ratio of -88.5x, 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.

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