mF International Ltd
MFI · Services-Computer Programming Services · EDGAR filings ↗
Grade
D40China/Southeast-Asia technology micro-cap with deep losses and cash burn.
Strengths
- Adequate liquidity — current ratio 2.0 (63rd)
Risks
- Deep losses — operating margin -74%, net margin -77%
- Revenue decline, cash burn — -18%, FCF -$22M
- PRC corporate-structure/regulatory risk — per 10-K
Notable findings
- Net lossNet loss (net margin -77.5%)
- Cash burnNegative free cash flow (-2.9M)
- Revenue declineRevenue -17.9% YoY
Key metrics
Gross margin
47.2%
Operating margin
-74.3%
Net margin
-77.5%
Return on equity
-56.3%
Return on assets
-34.7%
ROIC
-40.3%
Revenue growth (QoQ)
-17.9%
Net-income growth
-406.6%
Debt / equity
0.1×
Current ratio
2.0×
Free cash flow
-$3M
Tangible book value
$2M
Cash & investments
$3M
Cash runway
4q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2025-04-23 | 2024-12-31 | 0001641172-25-005839 ↗ |
| 20-F | 2024-05-15 | 2023-12-31 | 0001493152-24-019833 ↗ |