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Mighty Kingdom Ltd ( (AU:FTI) ) has shared an announcement.
FortifAI Limited has announced significant business developments, including expanding its contract pipeline and enhancing existing agreements, such as the ‘Gabby’s Dollhouse’ contract with Spin Master. The company is advancing its AI Lab to improve operational efficiency and explore new AI opportunities. Additionally, FortifAI has filed for tax rebates totaling approximately $1.96 million for FY25, with expected receipt in FY26. The company continues to implement cost reduction strategies and is exploring growth through both organic means and potential acquisitions.
More about Mighty Kingdom Ltd
FortifAI Limited operates in the technology industry, focusing on artificial intelligence and digital games. The company is involved in developing AI tools and co-developing popular games like ‘Power Rangers: Mighty Force’ and ‘Star Trek: Lower Decks’, indicating a strong market presence in the gaming sector.
Average Trading Volume: 289,129
Technical Sentiment Signal: Sell
Current Market Cap: A$24.2M
For a thorough assessment of FTI stock, go to TipRanks’ Stock Analysis page.