Mega Fortune Co Ltd
MGRT · Services-Computer Programming Services · EDGAR filings ↗
Grade
C52Profitable foreign micro-cap (IT), but earnings are not cash-backed.
Strengths
- Reported profitability and growth — operating margin 20% (88th), net margin 16% (91st), revenue +233% (82nd)
Risks
- Earnings not cash-backed — OCF margin -108% (28th)
- Foreign-issuer (HFCAA) / governance risk — per 10-K
- Micro-cap scale/concentration risk — per 10-K
Notable findings
- Customer concentration~55% of revenue from one customer/distributor — ● We have derived and may continue to derive most of our revenue from our IoT Integration Solution Services, and related products and services, which account for over 55% of our total revenue
Key metrics
Gross margin
50.7%
Operating margin
20.3%
Net margin
16.1%
Return on equity
11.5%
Return on assets
9.7%
ROIC
10.9%
Revenue growth (QoQ)
233.3%
Net-income growth
345.4%
Debt / equity
0.0×
Current ratio
4.9×
Tangible book value
$16M
Cash & investments
$765K
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-02-03 | 2025-09-30 | 0001493152-26-004907 ↗ |