Mega Matrix Inc.

MPU

Communication Services Entertainment

Mega Matrix Inc.’s revenue for fiscal 2025 (year ended December 2025) was $26.1 million, down 27.9% from fiscal 2024.

Revenue
−49.2%
EPS
−850.8%
Free cash flow
−206.2%

Quarter to December 2025, against a year earlier

1.30 0.02 +1.56%
Market cap
$4.4M
P/E
n/m
Fwd P/E
—
Dividend yield
—
F-score
3/9
ROIC
−167.9%
Net debt / EBITDA
0.3×
Dividend safety
n/a

Insider Decisions last twelve months

Net bought
—
Trades
0 sells · 0 buys
Ownership
0.00%

Capital & Financial Ratios $m

Size
Market Cap 4
Revenue ttm 26
Net income ttm (34)
Free cash flow ttm (11)
Net debt Q (7)
Valuation
P/E n/m
Forward P/E —
Price / sales 0.1
Forward P/S Powerpack
Price / FCF n/m
Price / book 0.2
Financial health
Current ratio Q 4.1 (at or above 1.5: strong)
Debt / equity Q n/m
Interest coverage Q (125.0)
Growth
Revenue growth Q −49.2% (below 0%: shrinking)
Operating income growth Q −1,229.9% (below 0%: shrinking)
EPS, this year —
EPS, next year A —
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/S against its own 10 years 4.25%
10-year low 10-year high
P/B against its own 10 years 1.49%
10-year low 10-year high
EV/FCF against its own 10 years 28.87%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
  1. 0.13 ’21
paid change on the year, %

Assets vs Liabilities $m

2022 2023 2024 2025
Cash 7 3 9 7
Receivables 1 — 0 1
Inventory — — — —
Other 3 8 2 7
13 12 15 18
2022 2023 2024 2025
Payables 0 0 1 1
ST’ Debt — — — —
Other — 0 4 4
0 0 5 4

Compound Annual Growth %

10y 5y 3y
Sales (3.82%) 10.07% 287.52%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (7.93%) 0.00% 37.43%

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 (1.43) (0.84) (4.26) (8.48) (15.00)
’24 (0.49) (2.00) (1.41) (0.89) (4.60)
’23 (0.72) (0.84) (1.00) (0.09) (2.60)
’22 (0.40) (1.54) (2.01) (3.80) (7.40)
’21 (14.00) (8.28) 24.91 10.63 13.27
’20 (26.32) (34.96) (10.56) (37.44) (109.32)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 8 7 6 5 26
’24 9 7 10 10 36
’23 0 0 0 0 0
’22 0 0 — 0 0
’21 3 1 2 1 6
’20 5 4 3 3 16
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 (2) (2) (3) (2) (10)
’24 0 8 (3) (1) 4
’23 0 (1) (1) (1) (3)
’22 (2) (1) (1) (1) (6)
’21 0 1 (3) 0 (2)
’20 (1) 0 7 (2) 4
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 (2) (3) (4) (2) (11)
’24 (1) 8 (3) (1) 4
’23 0 (1) (4) (1) (6)
’22 (2) (1) (1) (1) (6)
’22 — — — — (6)
’21 11 2 (3) (1) 9
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 29 36 27 44 16 6 0 0 36 26 (1.1%) — — — —
Gross margin, % 88.56 91.78 97.65 98.05 98.13 100.00 (74.45) (488.08) 58.09 55.14 (33.4) pt
EBT 2 3 (9) (21) (46) 15 (9) (5) (11) (34) n/m
EBT margin, % 6.87 9.65 (33.39) (48.55) (283.53) 240.37 (2,083.62) (9,609.00) (29.79) (131.37) (138.2) pt
Net income 1 7 (8) (17) (42) 15 (9) (5) (11) (34) n/m
Per share, $
Per share, $ Revenue 73.31 98.11 74.85 112.80 41.80 5.53 0.39 0.03 19.04 11.42 (18.7%)
Earnings 3.12 20.40 (22.32) (43.12) (109.32) 13.27 (7.40) (2.60) (4.60) (15.00) n/m
Cash flow 28.96 40.21 49.52 21.14 10.29 (2.22) (5.09) (1.92) 2.17 (4.33) n/m
Capex (122.58) (52.78) (17.14) 43.49 44.29 10.00 (0.04) (2.01) 0.00 (0.63) (44.3%)
Free cash flow (93.62) (12.58) 32.38 64.63 54.57 7.78 (5.13) (3.93) 2.17 (4.97) (27.8%)
Book value 108.50 130.70 113.96 60.18 (45.58) 10.70 6.06 6.64 7.43 7.90 (25.3%)
Shares, m 0 0 0 0 0 1 1 2 2 2 +21.7%
Valuation, ×
Valuation, × P/E 12.82 2.95 0.00 0.00 0.00 18.01 0.00 0.00 0.00 0.00 3.4
P/S 0.55 0.62 0.51 0.16 1.03 43.21 41.12 659.65 1.46 1.59 75.0
P/B 0.37 0.47 0.34 0.30 0.00 22.32 5.84 4.40 3.74 2.30 4.0
EV/Sales 0.47 0.38 0.45 0.08 0.88 42.00 33.78 614.49 1.21 1.31 69.5
EV/FCF (0.37) (2.95) 1.04 0.14 0.67 26.71 (7.18) (7.10) 9.33 (3.38) 1.7
Cash, $m
Cash, $m Operating cash flow 11 15 18 8 4 (2) (6) (3) 4 (10) n/m
Capex (48) (19) (6) 17 17 11 0 (3) — (1) (32.2%)
Free cash flow (37) (5) 12 25 21 9 (6) (6) 4 (11) (12.2%)
Balance, $m
Balance, $m Working capital (104) (112) (111) (101) (87) 6 12 11 10 13 n/m
Net debt (2) (9) (2) (3) (2) (7) (7) (3) (9) (7) +14.3%
Shareholders’ equity 43 47 41 23 (18) 12 7 10 14 18 (9.1%)
Returns, %
Returns, % ROA 0.61 3.25 (3.56) (9.08) (34.77) 27.49 (61.57) (31.40) (54.16) (163.75) (164.4) pt
ROIC 14.54 19.68 9.39 75.80 0.00 321.86 0.00 (45.26) (138.83) (167.88) (182.4) pt
ROE 2.92 16.47 (18.23) (51.62) (1,497.39) (513.11) (90.18) (46.83) (72.49) (213.15) (216.1) pt
People
People Employees — — — — — — — 11 16 23 +44.6%
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.26 1.14 n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025 · fundamentals updated 26 Oct 2026

Mega Matrix Inc. vs peers in Entertainment (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
GAIA Gaia, Inc. $31.8M — (loss-making) — (loss-making) −11.82% (below 0%: shrinking) n/m −277.95% (below 0%: shrinking) 85.19% (13.39%) Compare
ANGH Anghami Inc. $30.8M — (loss-making) — (loss-making) — −102.59% (below 0%: shrinking) −43.30% (below 0%: shrinking) 14.46% 0.00% Compare
TOON Kartoon Studios, Inc. $30.8M 5.6× — (loss-making) −43.37% (below 0%: shrinking) n/m +856.32% (above 0%: growing) 20.39% (58.58%) Compare
NIPG NIP Group Inc. Sponsored ADR $11.5M — — — — — — — Compare
CPOP Pop Culture Group Co., Ltd. $5.1M — (loss-making) 40.1× −37.64% (below 0%: shrinking) −1,011.11% (below 0%: shrinking) −33.18% (below 0%: shrinking) (17.72%) 0.00% Compare
MPU Mega Matrix Inc. $4.4M — (loss-making) — −49.20% (below 0%: shrinking) n/m −206.16% (below 0%: shrinking) 58.35% (294.65%)
FTRKF FAST TRACK GROUP $3.5M — — — — −179,477.46% (below 0%: shrinking) 40.11% (10.89%) Compare
ZNB Zeta Network Group $3.4M — (loss-making) — (loss-making) −66.45% (below 0%: shrinking) n/m +138.17% (above 0%: growing) 0.00% 0.00% Compare
KUST Kustom Entertainment Inc. $2.1M — (loss-making) — (loss-making) +88.22% (above 0%: growing) n/m −232.03% (below 0%: shrinking) (21.87%) (53.03%) Compare
Median of peers $8.3M — — −37.64% — −43.30% 14.46% (10.89%)

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Mega Matrix Inc. (MPU) Latest News

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stockrow.com/MPU · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com