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MFI · Nasdaq · United States · Services-Computer Programming Services
In shortmF International Ltd is profitable, burns cash and holds more cash than debt, with revenue growing (+29.7% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -143.7% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 232.8% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 3.9% | 19/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -1.0% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 164.32× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 166.48 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -47.4% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.20× | 0/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 4 | 17/100 |
| Revenue growth volatility | 21.1% | 33/100 |
| Operating margin volatility | 77.5% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -1.1% | 11/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
HKD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 32 | 35 | 32 | 26 | 34 |
| Cost of revenue | 16 | 17 | 14 | 14 | 24 |
| Gross profit | 16 | 18 | 18 | 12 | 10 |
| Research & development | 0 | 0.1 | 0 | 0.2 | 0 |
| Operating income | 11 | 7.5 | 6.7 | (19) | (49) |
| Interest expense | 0.5 | 0.4 | 0.4 | (0.1) | (0.3) |
| Pre-tax income | 11 | 7.2 | 6.8 | (19) | 76 |
| Income tax | 0.4 | 0.4 | 0.1 | 0.8 | (3) |
| Net income | 10 | 6.8 | 6.6 | (20) | 79 |
| Diluted EPS | HKD0.89 | HKD0.59 | HKD0.57 | −HKD1.59 | – |
| Diluted shares (millions) | 12 | 12 | 1.4 | 1.7 | 5.8 |
166.48 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Sep 10, 2026