Friday 6 November 2026
Export MI’s income statement to Excel — free account
NFT Limited
MI Consumer Cyclical Internet Retail
0.34
0.01
+3.03%
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Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 19 | 13 | 8 | 3 | 5 | 0 | 3 | 2 | 1 | 1 | 4 | (30.5%) | 640 | — | — | +88,133.7% | |
| Gross margin, % | 94.10 | 90.35 | 69.65 | 41.33 | (0.11) | 100.00 | 77.00 | 74.15 | 74.08 | 73.53 | 76.58 | (20.6) pt | ||||||
| EBT | 8 | (1) | (8) | (4) | (1) | (13) | (9) | (2) | 6 | (1) | (2) | n/m | ||||||
| EBT margin, % | 42.52 | (5.56) | (95.49) | (126.68) | (16.86) | (11,206.67) | (275.75) | (75.78) | 804.75 | (185.55) | (48.95) | (228.1) pt | ||||||
| Net income | 6 | (1) | (8) | (4) | (1) | (13) | (10) | (2) | 6 | (1) | 5 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 7,090.15 | 4,615.14 | 3,034.07 | 1,133.21 | 1,631.14 | 38.71 | 549.09 | 263.26 | 14.44 | 6.70 | 457.92 | (53.9%) | |||||
| Earnings | 2,400.00 | (400.00) | (2,720.00) | (1,440.00) | (200.00) | (9,720.00) | (1,670.34) | 297.46 | 122.74 | (12.80) | 514.88 | n/m | ||||||
| Cash flow | 1,712.70 | 434.04 | (8,227.14) | 3,514.93 | (2,801.00) | (5,197.48) | 658.12 | (38.75) | (26.08) | (916.92) | 0.00 | n/m | ||||||
| Capex | (523.07) | (290.89) | (207.11) | (26.86) | (7.21) | (2.26) | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | 1,189.63 | 143.14 | (8,434.25) | 3,488.07 | (2,808.21) | (5,199.74) | 658.34 | (38.75) | (26.08) | (916.92) | 0.00 | n/m | ||||||
| Book value | 6,530.63 | 6,399.36 | 3,739.11 | 2,301.86 | 2,076.79 | 895.71 | 8,454.81 | 7,432.98 | 1,576.99 | 920.45 | 0.00 | (19.6%) | ||||||
| Shares, m | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | +50.7% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.51 | 0.55 | 0.62 | 0.00 | 0.3 | |||||
| P/S | 0.05 | 2.50 | 0.90 | 0.02 | 3.63 | 10.99 | 4.22 | 1.69 | 0.62 | 0.70 | 0.00 | 2.5 | ||||||
| P/B | 0.06 | 1.81 | 0.73 | 0.01 | 2.85 | 18.09 | 0.28 | 0.11 | 0.03 | 0.03 | 0.00 | 2.4 | ||||||
| EV/Sales | (1.78) | (0.37) | (0.58) | (6.86) | 3.62 | 10.66 | (15.07) | (15.17) | (20.97) | (16.06) | (25.85) | (6.3) | ||||||
| EV/FCF | (10.62) | (11.91) | 0.21 | (2.23) | (2.09) | (3.02) | (12.74) | 27.28 | 21.72 | 1.50 | 2.41 | 0.8 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 5 | 1 | (23) | 10 | (8) | (16) | 4 | 0 | (1) | (99) | (43) | n/m | |||||
| Capex | (1) | (1) | (1) | 0 | 0 | 0 | 0 | — | — | — | 0 | n/m | ||||||
| Free cash flow | 3 | 0 | (24) | 10 | (8) | (16) | 4 | 0 | (1) | (99) | (43) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 15 | 15 | 8 | 4 | 5 | (7) | 52 | 61 | 81 | 100 | 102 | +23.5% | |||||
| Net debt | (35) | (37) | (13) | (22) | 0 | (2) | (66) | (66) | (87) | (7) | (103) | (16.2%) | ||||||
| Shareholders’ equity | 18 | 18 | 10 | 6 | 6 | 3 | 52 | 61 | 81 | 100 | 102 | +21.2% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 16.34 | (2.10) | (19.72) | (14.36) | (2.15) | (166.77) | (26.08) | 7.33 | 7.86 | (1.42) | 0.00 | (17.8) pt | |||||
| ROIC | 0.00 | 0.00 | 0.00 | 0.00 | (8.51) | (659.99) | 0.00 | 0.00 | 0.00 | (0.73) | 0.00 | (0.7) pt | ||||||
| ROE | 44.07 | (5.97) | (53.77) | (48.39) | (9.99) | (700.06) | (37.52) | 9.15 | 8.89 | (1.51) | 0.00 | (45.6) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 94 | 117 | 37 | 38 | 24 | 7 | 22 | 27 | 8 | 8 | — | (23.9%) | |||||
| Revenue/emp, $m | 0.20 | 0.11 | 0.23 | 0.08 | 0.19 | 0.02 | 0.15 | 0.08 | 0.09 | 0.09 | — | (8.6%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2023 · fundamentals updated 2 Nov 2026
NFT Limited vs peers in Internet Retail (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 |
|---|---|---|---|---|---|---|---|---|---|
| ZKH ZKH Group Limited Unsponsored ADR | $169.5M | — (loss-making) | 20.6× | +19.07% (above 0%: growing) | n/m | +92.81% (above 0%: growing) | 17.58% | 0.16% | Compare |
| HOUR Hour Loop, Inc. | $53.3M | 33.5× | — (loss-making) | +25.24% (above 0%: growing) | −25.00% (below 0%: shrinking) | −50.31% (below 0%: shrinking) | 52.93% | 3.78% | Compare |
| WNW Meiwu Technology Company Limited | $50.6M | — (loss-making) | — | +483.75% (above 0%: growing) | n/m | +221.68% (above 0%: growing) | 22.98% | 0.00% | Compare |
| LITB LightInTheBox Holding Co., Ltd. | $48.5M | 5.6× | 4.3× | −3.51% (below 0%: shrinking) | −18.18% (below 0%: shrinking) | +755.85% (above 0%: growing) | 66.12% | 3.64% | Compare |
| MI NFT Limited | $28.8M | 0.0× | 22.1× | −17.20% (below 0%: shrinking) | n/m | −4,095.77% (below 0%: shrinking) | 73.83% | (52.99%) | |
| MOGU MOGU Inc. Sponsored ADR | $13.8M | — (loss-making) | — (loss-making) | −18.03% (below 0%: shrinking) | n/m | −128.95% (below 0%: shrinking) | 38.26% | 0.00% | Compare |
| SBDS Solo Brands, Inc. | $12.5M | — (loss-making) | — (loss-making) | −4.12% (below 0%: shrinking) | n/m | +349.83% (above 0%: growing) | 59.94% | 3.97% | Compare |
| NHTC Natural Health Trends Corp. | $7.2M | — (loss-making) | 75.1× | −20.23% (below 0%: shrinking) | n/m | −1,670.00% (below 0%: shrinking) | 74.15% | (3.66%) | Compare |
| JWEL Jowell Global Ltd. | $4.1M | — (loss-making) | 19.9× | +23.99% (above 0%: growing) | −10,966.67% (below 0%: shrinking) | +88.58% (above 0%: growing) | 0.76% | 0.00% | Compare |
| Median of peers | $31.2M | — | 20.3× | +7.78% | −25.00% | +90.70% | 45.59% | 0.08% |