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MARKETS / NASDAQ / MFI
NASDAQ · SERVICES-COMPUTER PROGRAMMING SERVICES · SMALL CAP

mF International Ltd. MFI

5 fiscal years on record · HKD · FY2025 reported · SEC filings only
HKD 33.8M
▲ 29.7% YoY
HKD 78.7M
HKD -16.0M
In brief

What this company does

On August 15, 2025, we established two subsidiaries, CAT Strategy Limited, a Hong Kong limited liability company, and iBCH Inc., a British Virgin Islands limited liability company, to initiate our digital asset treasury strategy and active digital asset operations, which includes investments in BCH (Bitcoin Cash) and other digital assets; planned BCH self-mining capabilities; and an expected digital asset-denominated direct life insurance business investment management. Our legacy business centers around our Hong Kong subsidiary, m-FINANCE, established in 2002, which is a Hong Kong-based experienced financial trading solution provider principally engaged in the development and provision of financial trading solutions. m-FINANCE’s customers are mainly financial institutions, including brokers, investment banks, institutional clients and financial services providers. As of the date of this annual report, there are 19 employees in our Company, including the Operating Subsidiaries.

Written from the business description in mF International Limited's annual report to the U.S. Securities and Exchange Commission, filed 29 June 2026. Every sentence was checked against that document before publication.

Growth
HKD 33.8M
Revenue, FY2025 · full 5-year series below
Revenue HKD M Net income HKD M
FY2025 · Revenue 33.8 · Net income 78.7
40M-8M-16M20212022202320242025
Compound annual growth
−1.1%
+126.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
233 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -143.7% · Net 232.8%
100%200%-50%-100%20212022202320242025
ROE
FY2025 · ROE 3.9%
50%100%-50%20212022202320242025

Each HKD of equity produced 4 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow HKD M
FY2025 · FCF -16.0
5M10M-8M-16M20212022202320242025
Net buybacks HKD M Dividends HKD M
FY2025 · Dividends 0.0 · Net buybacks —
2M4M202320242025

Total assetsHKD 4.0B
EquityHKD 4.0B
CashHKD 223.4M
Gross debtHKD 1.4M
Net debtHKD -222.0M
Current ratio164.32×

The company holds more cash than debt.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · HKD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue HKD B0.00.00.00.00.0
Operating income HKD B−0.0−0.00.00.00.0
EBITDA HKD B−0.0−0.00.00.00.0
Income tax HKD B−0.00.00.00.00.0
Net income HKD B0.1−0.00.00.00.0
Free cash flow HKD B−0.0−0.00.00.00.0
EPS, diluted HKD ·−1.590.570.590.89
Dividend / sh HKD ·····
Payout %0−080··
ROE %3.9−84.859.876.1138.3
Shares out B0.050.000.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 22 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 73 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Programming Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code D8
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

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