MFImF International Limited
Is the business good?
Returns not propped up by debt. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Margin-driven, fat margins on slower asset turns. ROE 2% = margin × turnover × leverage.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is MFI?
mF International Limited earns −1.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 10 points below what the capital costs: growth destroys value
- Operating margin
- −144%
Operating margin · Software - Application median 6.9% · fiscal year to FY2025
- Share count, year on year
- +251%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 0.14%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2021 | 33% |
| FY2022 | 22% |
| FY2023 | 21% |
| FY2024 | −74% |
| FY2025 | −144% |
Details›
- Gross marginfiscal year to FY2025
- 30%
- Operating marginfiscal year to FY2025
- −144%
- Net marginfiscal year to FY2025
- 233%
- Free cash flow margin
- −47%
- R&D as % of revenue
- 0.14%
- Revenue, trailing twelve months
- $34M
- Free cash flow, trailing twelve months
- −$16M
- Net income, trailing twelve months
- $79M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −1.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from MFI and who it buys from, as the companies report it.
- Customer one13%
Share of revenue · FY2025 20-F
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; MFI’s own figures are from its FY2025 20-F. Smaller customers and suppliers go unreported.
Software, Application
Ranks #54 of 92 by RyuScore