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. In the quarter to December 2025, revenue fell 49.2%, EPS fell 850.8% and free cash flow fell 206.2%, each against the same quarter a year earlier.

2.48 0.04 −1.59%
Market cap
$8.6M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
3/9
Altman Z
−5.88
Beneish M
−7.20
Dividend safety
n/a
Dec '19 Jan '20 Dec '20 Jan '21 Dec '21 Jan '22 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
5 — 5 — 5 — 3 4 5 3
P/E ratio
0.00 0.00 0.00 0.00 0.90 18.84 0.00 0.00 0.00 0.00
Altman Z-Score
0.11 — (1.37) — 8.00 — (1.72) (1.66) (1.12) (5.88)
P/S ratio
0.01 0.17 0.05 0.96 2.16 45.20 2.06 32.54 0.07 0.08
Altman Z″-Score (non-manufacturers)
(2.93) — (7.28) — 15.82 — 0.83 2.39 (2.44) (9.23)
P/FCF ratio
0.01 0.29 0.04 0.74 1.37 28.75 0.00 0.00 0.56 0.00
Beneish M-Score
(2.37) — (5.44) — 2.28 — — — — (7.20)
P/Operating CF
14.93 315.17 (0.41) (7.74) 82.71 1,730.42 (1.72) (2.18) (3.33) (0.86)
P/B ratio
0.02 0.32 0.00 0.00 1.12 23.35 0.29 0.22 0.19 0.12
Price to Tangible BV
0.02 0.33 0.00 0.00 1.85 38.71 0.89 0.39 0.24 0.14
EV/Sales
(0.07) 0.09 (0.10) 0.81 0.95 43.99 (5.28) (12.62) (0.17) (0.20)
EV/EBITDA
0.00 0.16 0.00 10.37 0.25 11.76 0.84 0.17 0.54 0.18
EV/Operating CF
(0.38) 0.48 (0.40) 3.30 (2.37) (109.52) 0.89 0.29 (1.51) 0.53
EV/FCF
(0.12) 0.16 (0.07) 0.62 0.60 27.98 1.12 0.15 (1.32) 0.51
Quick Ratio
0.12 0.00 0.06 0.00 2.75 0.00 20.59 16.78 1.74 1.79
Current Ratio
0.12 — 0.06 — 2.95 — 30.92 62.04 2.78 4.06
Net Debt/EBITDA
(0.10) 0.00 (0.29) 0.00 (0.31) 0.00 15.42 0.59 1.27 0.31
Debt/Assets
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt/Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Asset Turnover
0.24 0.00 0.13 0.00 0.11 0.00 0.03 0.00 2.21 1.25
Operating CF/Net income
(0.49) (0.09) (0.09) (0.15) (0.16) 0.69 0.69 0.74 (0.46) 0.29
Capex/Depreciation
1.45 — 2.44 — 9.39 — (0.01) 0.00 0.00 (0.29)
Interest Coverage
2.13 — 0.08 — 9.11 — (51.99) — — —
ROE
(51.62%) 0.00% (1,497.39%) 0.00% (513.11%) 0.00% (90.18%) (46.83%) (72.49%) (213.15%)
ROA
(9.08%) 0.00% (34.77%) 0.00% 27.49% 0.00% (61.57%) (31.40%) (54.16%) (163.75%)
ROIC
75.80% 0.00% 0.00% 0.00% 321.86% 0.00% 0.00% (45.26%) (138.83%) (167.88%)
Return on Tangible Assets
(234.34%) (26,855.50%) 102.46% 0.00% 243.08% 0.00% (69.70%) (35.71%) (92.98%) (257.64%)
Average Days of Receivables
83.23 0.00 63.34 0.00 73.88 0.00 891.43 0.00 4.26 7.20
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
16.30% 0.00% 46.80% 0.00% 165.79% 0.00% 1,021.96% 11,014.44% 90.20% 165.96%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.38 0.31 0.00 0.00 0.00 0.15 0.13
Share Based Compensation of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.81% 497.28% 4.15% 74.46%
Graham Net Nets
(323.92) (15.34) (126.99) (6.79) 0.46 0.02 3.42 3.83 3.62 6.40
Graham Number
0.00 0.00 334.77 18.03 56.50 3.92 0.00 0.00 0.00 0.00
Earnings Yield
(4,788.77%) (226.83%) (5,082.79%) (271.84%) 111.08% 5.31% (437.89%) (154.08%) (395.81%) (1,648.52%)
Free Cash Flow Yield
7,181.00% 340.15% 2,538.28% 135.77% 72.78% 3.48% (228.88%) (265.82%) 178.35% (488.11%)
Revenue per Share
112.80 2.07 41.80 0.29 5.53 0.08 0.39 0.03 19.04 11.42
Operating CF per Share
21.14 0.51 10.29 (0.10) (2.22) (0.25) (5.09) (1.92) 2.17 (4.33)
Capex per Share
43.49 0.00 44.29 0.00 10.00 0.00 (0.04) (2.01) 0.00 (0.63)
Free Cash Flow per Share
64.63 0.51 54.57 (0.10) 7.78 (0.25) (5.13) (3.93) 2.17 (4.97)
Cash per Share
8.87 0.31 6.23 0.33 6.68 0.32 6.32 2.00 4.67 3.19
Shareholders Equity per Share
60.18 (2.28) (45.58) 0.55 10.70 0.35 6.06 6.64 7.43 7.90
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
60.18 (2.28) (45.58) 0.55 10.70 0.35 6.06 6.64 7.43 7.90
Free Cash Flow
24.98 3.98 21.09 (2.28) 8.60 (5.86) (5.90) (6.15) 4.12 (11.35)
Working Capital
(101.32) — (87.01) — 6.12 — 12.15 11.38 9.55 13.31
Capital Expenditures
16.81 — 17.12 (1.00) 11.05 (0.05) (0.04) (3.15) — (1.45)
Net Current Asset Value
(112.68) (110.99) (105.53) (3.14) 6.12 (5.59) 6.96 8.63 9.55 13.31
EV/EBIT
0.00 0.16 0.00 10.37 0.25 11.76 0.84 0.17 0.54 0.18
Capex to Sales
(0.39) 0.00 (1.06) 0.00 (1.81) 0.00 0.09 65.83 0.00 0.06
Price to Operating Income
0.01 0.31 0.66 12.27 0.58 12.08 0.00 0.00 0.00 0.00
Other line items
Depreciation/Fixed assets
0.11 0.00 0.15 — 0.00 — 0.00 — 0.00 0.00
Cash ROIC
93.60% (26.14%) (138.70%) (11.73%) 44.78% (38.42%) (41.46%) (45.44%) 17.93% (44.75%)
Accounts Receivable Turnover
2.99 0.00 2.54 0.00 3.02 0.00 0.38 0.00 47.66 55.67
Accounts Payable Turnover
0.97 0.00 0.55 — 0.13 — 0.49 1.28 25.57 13.19
Inventory Turnover
0.00 — 0.00 — 0.00 — 0.00 0.00 0.00 0.00
Average Days of Payables
315.75 0.00 444.41 — 4,823.18 — 118.79 240.74 24.08 24.17
Days of Inventory on Hand
0.00 — 0.00 — 0.00 — 0.00 0.00 0.00 0.00
Average Receivables
14.58 — 6.37 — 2.02 — 1.17 — 0.76 0.47
Average Payables
0.88 0.19 0.55 — 1.66 — 1.61 0.22 0.59 0.89
Average Assets
183.37 121.49 121.49 54.16 54.16 13.75 13.75 12.95 16.40 20.94
Average Common Equity
32.27 2.82 2.82 (2.78) (2.90) 9.90 9.39 8.68 12.25 16.09

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Columns are period end dates · fundamentals updated 2 Oct 2026