Friday 13 November 2026
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Mega Matrix Inc.
MPUCommunication 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%
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Target Price Range
Analyst price targets
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 | 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
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%) |