Company Analysis

NFT Limited (MI)

NYSE: MI · Finance Services · Hong Kong, HK · filing with the SEC since 2022
Grade4.0
◀ Past 3.7● Present 4.1▶ Future 4.3
1 est.

The grade of NFT Limited

Nine metrics read from its own filings, by tense
Headline grade
4.0/10
◀ Past3.740% of the headline
● Present4.135% of the headline
▶ Future4.325% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.7/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.6/10

Has it survived what it has been through?

2 warning events since 2022; the latest 2026-04-30.

weight 45% of this tense · 56th percentile among 130 sector filers · read for itself

From the record

NFT Limited's filings since 2022 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-04-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.5/10

What has it actually done, year after year?

-40.2% a year over 4 filed years; profitable in 2 of 4.

weight 22% of this tense · 25th percentile among 104 sector filers · read for its customers

From the record

NFT Limited's 4 filed years say what it did: revenue went from $3 million in fiscal 2022 to $726 thousand in fiscal 2025, down 40.2% a year; it rose in 0 of 3 years; the deepest fall was 79% from fiscal 2022 to fiscal 2025; net income was positive in 2 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-40.2%bottom 6% of its family
  • the share of years revenue rosebottom 5% of its family
  • the share of filed years with a profittop 32% of its family
  • the deepest fall from a revenue peak78.7%bottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.0/10

How has it treated the people who own it?

Share count grew 159.4% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 33% of this tense · 20th percentile among 53 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, NFT Limited's diluted share count grew about 159.4% a year, and dividends and buybacks returned about 0% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 17% of its family
  • cash returned against operating cash flowbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.1/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.2/10

Is it financially healthy right now?

ROE -1%: lost 1¢ per shareholder dollar. Leverage 6%: owes 6¢ per asset dollar.

weight 45% of this tense · 52nd percentile among 117 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, NFT Limited lost about 1 cents for every dollar of shareholders' money, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 6 cents per dollar of assets, and net share issuance: its share count grew 111.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 9% of its family
  • return on equitytop 31% of its family
  • gross profit against assetsbottom 20% of its family
  • the share count against the year beforebottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.8/10

How strong is its position in its industry?

bottom 18% of 114 in its family; net margin -187.7%.

weight 33% of this tense · 18th percentile among 114 sector filers · read for its customers

From the record

NFT Limited's standing among 114 graded names in its industry family: revenue of $726 thousand in fiscal 2025 ranks in the bottom 9% by size; a net margin of -187.7% ranks in the bottom 34%; revenue growth of -40.2% a year over the last 3 filed years ranks in the bottom 10% (its annual reports).

What it rests on

  • revenue against the family$725,781bottom 9% of its family
  • net margin-187.7%bottom 34% of its family
  • three-year revenue growth-40.2%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.5/10

What are the people in charge doing?

SI estimate 5.5/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 74 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-27 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 74 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-27 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 74 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: NFT Limited's leadership is put at 5.5 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-27 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 74 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.3/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.2/10

How much room does it have to grow?

bottom 42% of 108 in its family for room to expand.

weight 33% of this tense · 42nd percentile among 108 sector filers · read for itself

From the record

NFT Limited's room to grow, from the newest filed statements (fiscal 2025): cash of $7 million against no long-term debt tagged leaves 6.8% of its assets as net cash, top 47% of its family; cash from operations less capital spending is -13682.1% of revenue (bottom 1%); a gross margin of 73.5% (top 27%) (its annual report).

What it rests on

  • cash less debt against assets6.8%top 47% of its family
  • cash from operations less capital spending against revenue-13682.1%bottom 1% of its family
  • gross margin73.5%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.5/10

What could actually drive growth from here?

bottom 45% of 100 in its family for growth drivers.

weight 33% of this tense · 45th percentile among 100 sector filers · read for its customers

From the record

NFT Limited's growth drivers, from the filed years to fiscal 2025: revenue grew -40.2% a year over the last three filed years against -40.2% over all 4, speeding up (top 42% of its family); the newest year grew -2% (bottom 33%) (its annual reports). NFT Limited tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 42% of its family
  • the newest year's revenue growth-2.0%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.1/10

Did its newest year beat what its own record pointed to?

bottom 41% of 78 in its family for expectations against reality.

weight 33% of this tense · 41st percentile among 78 sector filers · read for its shareholders

From the record

NFT Limited's newest year against its own record: revenue of $726 thousand in fiscal 2025 came in 109.9% above the $346 thousand its prior three years' pace pointed to (top 18% of its family); net income of $1 million against a prior three-year average of $382 thousand (bottom 24%); a net margin of a loss larger than its revenue against more than its whole revenue before (bottom 17%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace109.9%top 18% of its family
  • net income against the prior three years' average-456%bottom 24% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MI · research, not advice