Saturday 17 October 2026
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MindForge Inc.
MF Communication Services Advertising Agencies
MindForge Inc.’s revenue for fiscal 2025 (year ended June 2025) was $29.7 million, down 42.5% from fiscal 2024.
11.00
0.12
+1.10%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | 6.40 | 40.50 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | — | — | — | — | — | — | 886.00 | 116.00 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 9 | 17 | 15 | ||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 10.48 | 3.04 | 1.98 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 87 | 87 | 94 | 52 | 30 | ||||
| Gross margin, % | — | — | — | — | — | 1.70 | 1.70 | 1.71 | 1.35 | 0.85 | |||||
| EBT | — | — | — | — | — | 0 | (1) | 0 | (1) | (3) | |||||
| EBT margin, % | — | — | — | — | — | 0.26 | 0.00 | 0.26 | (1.17) | (9.96) | |||||
| Net income | — | — | — | — | — | 0 | 0 | 0 | (1) | (3) | |||||
| Depreciation | — | — | — | — | — | — | 0 | 0 | 0 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 1,499.60 | 1,571.98 | 817.75 | 101.69 | ||||
| Earnings | — | — | — | — | — | — | (0.85) | 3.43 | (11.10) | (9.25) | |||||
| Cash flow | — | — | — | — | — | — | 6.28 | (4.72) | (21.45) | (9.67) | |||||
| Capex | — | — | — | — | — | — | (0.05) | (0.04) | (0.20) | (19.82) | |||||
| Free cash flow | — | — | — | — | — | — | 6.23 | (4.76) | (21.65) | (29.49) | |||||
| Book value | — | — | — | — | — | 0.00 | 15.76 | 17.85 | 219.87 | 65.18 | |||||
| Shares, m | — | — | — | — | — | — | 0 | 0 | 0 | 0 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | ||||
| P/S | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| P/B | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/FCF | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.94 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 0 | 0 | (1) | (3) | ||||
| Capex | — | — | — | — | — | — | 0 | 0 | 0 | (6) | |||||
| Free cash flow | — | — | — | — | — | — | 0 | 0 | (1) | (9) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | 0 | 0 | 1 | 14 | 14 | ||||
| Total debt | — | — | — | — | — | — | — | — | — | — | |||||
| Net debt | — | — | — | — | — | (2) | (2) | (1) | (5) | (11) | |||||
| Shareholders’ equity | — | — | — | — | — | 1 | 1 | 1 | 14 | 19 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | (0.21) | 1.78 | 8.04 | (6.92) | (14.39) | ||||
| ROIC | — | — | — | — | — | 0.00 | 0.00 | 0.00 | (6.04) | (24.77) | |||||
| ROE | — | — | — | — | — | 14.07 | 0.00 | 20.78 | (10.02) | (16.53) | |||||
Negative figures in brackets.
Fiscal years to Jun 2025
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| SWAG Stran & Company, Inc. | $26.1M | — (loss-making) | — | +2.40% (above 0%: growing) | −33.33% (below 0%: shrinking) | −94.36% (below 0%: shrinking) | 30.04% | 0.26% | Compare |
| MF MindForge Inc. | $19.7M | — | — | — | — | −235.57% (below 0%: shrinking) | 1.20% | (2.14%) | |
| ACCS ACCESS Newswire Inc. | $17.8M | — (loss-making) | — (loss-making) | −0.05% (below 0%: shrinking) | n/m | −62.96% (below 0%: shrinking) | 73.19% | (5.46%) | Compare |
| DLPN Dolphin Digital Media Inc. | $13.0M | — (loss-making) | — (loss-making) | +2.52% (above 0%: growing) | n/m | −110.78% (below 0%: shrinking) | 92.88% | (7.14%) | Compare |
| CDLX Cardlytics, Inc. | $12.1M | — (loss-making) | — (loss-making) | −36.46% (below 0%: shrinking) | n/m | −211.74% (below 0%: shrinking) | 50.49% | (14.75%) | Compare |
| EDHL Everbright Digital Holding Limited | $11.6M | — | — | — | — | — | — | — | Compare |
| TULP Bloomia Holdings, Inc. | $10.2M | — (loss-making) | 1.4× | +110.46% (above 0%: growing) | n/m | −55.41% (below 0%: shrinking) | 21.12% | (52.81%) | Compare |
| WIMI WiMi Hologram Cloud Inc. | $9.8M | — (loss-making) | — (loss-making) | −52.14% (below 0%: shrinking) | −100.00% (below 0%: shrinking) | −106.37% (below 0%: shrinking) | 30.59% | 0.00% | Compare |
| TDIC Dreamland Limited | $7.5M | — | — | — | — | −345.84% (below 0%: shrinking) | — | — | Compare |
| Median of peers | $11.9M | — | — | +1.18% | — | −106.37% | 40.54% | (6.30%) |
MindForge Inc. (MF) key facts
- Concern: MindForge Inc.’s revenue for fiscal 2025 (year ended June 2025) was $29.7 million, down 42.5% from fiscal 2024.
- Concern: MindForge Inc. reported a net loss of $2.7 million, or a loss of $9.25 per share, for fiscal 2025.
- MindForge Inc. (MF) is an Advertising Agencies company in the Communication Services sector, listed on Nasdaq.
- As of October 16, 2026, MF traded at $11.00, a market capitalization of $19.7 million.
- Return on equity was −16.5% and debt-to-equity 0.00.
- Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 7.64 (safe zone) for fiscal 2025.
MindForge Inc. (MF) Latest News
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