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Friday 6 November 2026
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MindForge Inc.
MF Communication Services Advertising Agencies
MindForge Inc.’s revenue for fiscal 2026 (year ended June 2026) was $14.9 million, down 49.9% from fiscal 2025.
10.40
1.25
+13.66%
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Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 87 | 87 | 94 | 52 | 30 | 15 | (29.7%) | — | — | — | — | |
| Gross margin, % | — | — | — | — | 1.70 | 1.70 | 1.71 | 1.35 | 0.85 | (0.54) | (2.2) pt | ||||||
| EBT | — | — | — | — | 0 | (1) | 0 | (1) | (3) | (33) | n/m | ||||||
| EBT margin, % | — | — | — | — | 0.26 | 0.00 | 0.26 | (1.17) | (9.96) | (223.22) | (223.5) pt | ||||||
| Net income | — | — | — | — | 0 | 0 | 0 | (1) | (3) | (33) | n/m | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 1,499.60 | 1,571.98 | 817.75 | 101.63 | 13.15 | n/m | |||||
| Earnings | — | — | — | — | — | (0.85) | 3.43 | (11.10) | (9.25) | (29.30) | +142.5% | ||||||
| Cash flow | — | — | — | — | — | 6.28 | (4.72) | (21.45) | (9.66) | (1.91) | n/m | ||||||
| Capex | — | — | — | — | — | (0.05) | (0.04) | (0.20) | (19.80) | (0.40) | +67.8% | ||||||
| Free cash flow | — | — | — | — | — | 6.23 | (4.76) | (21.65) | (29.47) | (2.31) | n/m | ||||||
| Book value | — | — | — | — | 0.00 | 15.76 | 17.85 | 219.87 | 65.13 | 18.22 | n/m | ||||||
| Shares, m | — | — | — | — | — | 0 | 0 | 0 | 0 | 1 | +110.3% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | — | |||||
| P/S | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| P/B | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/FCF | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.94 | 0.79 | 0.3 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | 0 | 0 | (1) | (3) | (2) | n/m | |||||
| Capex | — | — | — | — | — | 0 | 0 | 0 | (6) | 0 | +252.8% | ||||||
| Free cash flow | — | — | — | — | — | 0 | 0 | (1) | (9) | (3) | n/m | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 0 | 0 | 1 | 14 | 14 | 2 | +41.6% | |||||
| Net debt | — | — | — | — | (2) | (2) | (1) | (5) | (11) | (12) | +52.0% | ||||||
| Shareholders’ equity | — | — | — | — | 1 | 1 | 1 | 14 | 19 | 21 | +86.6% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | — | — | — | — | (0.21) | 1.78 | 8.04 | (6.92) | (14.39) | (110.79) | (110.6) pt | |||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 0.00 | (6.04) | (24.77) | (110.42) | (110.4) pt | ||||||
| ROE | — | — | — | — | 14.07 | 0.00 | 20.78 | (10.02) | (16.53) | (167.19) | (181.3) pt | ||||||
| People | |||||||||||||||||
| People | Employees | — | — | — | — | — | — | 9 | 17 | 15 | 15 | +18.6% | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 10.48 | 3.04 | 1.98 | 0.99 | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Jun 2026 · fundamentals updated 2 Nov 2026
MindForge Inc. vs peers in Advertising Agencies (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| NCMI National CineMedia, Inc. | $152.4M | — (loss-making) | — (loss-making) | +12.74% (above 0%: growing) | n/m | +60.61% (above 0%: growing) | 29.28% | (21.92%) | Compare |
| FLNT FLUENT, INC. | $114.4M | — (loss-making) | — (loss-making) | +8.37% (above 0%: growing) | n/m | −835.54% (below 0%: shrinking) | 28.91% | (10.22%) | Compare |
| STFS Star Fashion Culture Holdings Limited | $85.2M | — | — | — | — | — | — | — | Compare |
| MF MindForge Inc. | $58.3M | — | — | — | — | −235.57% (below 0%: shrinking) | 1.20% | (2.14%) | |
| MCHX Marchex, Inc. | $56.3M | — (loss-making) | — (loss-making) | −5.60% (below 0%: shrinking) | n/m | −329.30% (below 0%: shrinking) | 61.02% | (3.14%) | Compare |
| TSQ Townsquare Media, Inc. | $37.9M | — (loss-making) | — (loss-making) | +3.92% (above 0%: growing) | n/m | −19.83% (below 0%: shrinking) | 25.85% | 4.96% | Compare |
| IZEA IZEA WORLDWIDE, INC. | $37.9M | — (loss-making) | — (loss-making) | −36.42% (below 0%: shrinking) | n/m | +191.31% (above 0%: growing) | 37.96% | (18.37%) | Compare |
| SWAG Stran & Company, Inc. | $24.4M | — (loss-making) | — | +2.40% (above 0%: growing) | −33.33% (below 0%: shrinking) | −94.36% (below 0%: shrinking) | 30.04% | 0.26% | Compare |
| TC Token Cat Limited - Sponsored ADR | $18.4M | — (loss-making) | — (loss-making) | −48.54% (below 0%: shrinking) | n/m | −61.75% (below 0%: shrinking) | 76.44% | (51.72%) | Compare |
| Median of peers | $47.1M | — | — | +2.40% | — | −61.75% | 30.04% | (10.22%) |