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Mighty Kingdom Ltd
(Sydney:FTI)
Mighty Kingdom Ltd (FTI) vs. iShares MSCI Australia ETF (EWA)
Mighty Kingdom Ltd Business Overview & Revenue Model
Mighty Kingdom Ltd Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.10M | 6.93M | 4.90M | 3.28M | 2.54M |
| Gross Profit | 4.38M | -9.44M | -10.29M | -5.81M | -3.06M |
| EBITDA | -6.33M | -9.92M | -12.14M | -7.78M | -3.92M |
| Net Income | -6.99M | -9.09M | -10.86M | -7.15M | -3.59M |
Balance Sheet | |||||
| Total Assets | 6.56M | 8.51M | 11.38M | 19.06M | 3.34M |
| Cash, Cash Equivalents and Short-Term Investments | 3.37M | 301.79K | 3.75M | 13.55M | 81.66K |
| Total Debt | 0.00 | 264.94K | 693.24K | 1.48M | 961.41K |
| Total Liabilities | 3.63M | 5.26M | 6.09M | 7.16M | 6.54M |
| Stockholders Equity | 2.93M | 3.25M | 5.29M | 11.90M | -3.19M |
Cash Flow | |||||
| Free Cash Flow | -5.62M | -7.38M | -13.43M | -6.28M | -1.34M |
| Operating Cash Flow | -5.60M | -7.36M | -12.71M | -6.07M | -1.23M |
| Investing Cash Flow | 92.90K | -21.54K | -716.56K | -214.09K | -110.16K |
| Financing Cash Flow | 8.58M | 3.93M | 3.63M | 19.88M | 1.04M |
Mighty Kingdom Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
48 Neutral | AU$13.20M | -4.55 | -19.65% | ― | 201.07% | -69.23% | |
48 Neutral | AU$10.83M | -2.62 | -18.92% | ― | 8.20% | 37.20% | |
47 Neutral | AU$124.80M | -9.49 | -26.76% | ― | -24.66% | -206.50% | |
47 Neutral | AU$20.49M | 53.33 | ― | ― | -2.82% | ― | |
43 Neutral | AU$20.38M | -11.11 | -35.22% | ― | -11.88% | -12.50% | |
38 Underperform | AU$42.92M | -7.72 | -53.59% | ― | -15.18% | 89.75% |
Mighty Kingdom Ltd Corporate Events
Fortifai Ltd, listed on the ASX under code FTI, has lodged details of a proposed issue of new options as part of a placement or similar capital-raising initiative.
The company plans to issue up to 9 million options across three new classes, each expiring on 30 January 2028 with exercise prices of $0.15, $0.20 and $0.25, respectively, and a proposed issue date of 30 January 2026. The multi‑tier option structure suggests Fortifai is seeking to align future capital inflows with potential share price appreciation, offering investors leveraged exposure while providing the company with a pathway to raise additional funds over the medium term if the options are exercised.
FortifAI Limited has called a general meeting of shareholders in Perth on 21 January 2026 to vote on key capital and strategic matters, including the proposed issuance of 155 million shares and 150 million performance rights as consideration for the acquisition of FastAI. The company is also seeking shareholder ratification for a prior placement of 8 million shares to its joint lead managers, a step that, if approved, will refresh its capacity under ASX Listing Rules for future capital raising and support the integration of FastAI into FortifAI’s operations while managing dilution and governance considerations for existing investors.
FortifAI Ltd has confirmed that 160,002 listed options (ASX code FTIAH), exercisable at $2.625 and due to expire on 19 December 2025, have lapsed unexercised. The expiry of these options reduces the company’s pool of potential dilutive securities but does not immediately alter its existing share capital, clarifying its capital structure for current and prospective investors.
Fortifai Limited has released a document providing a summary of its current activities and operations. The document is intended for informational purposes and does not constitute an offer or solicitation for securities. It emphasizes that the information is general in nature and subject to change, with no guarantees on the accuracy or completeness of the content. The company disclaims any liability for potential inaccuracies or omissions and advises potential investors to seek independent financial advice.
FortifAI Limited, a company listed on the ASX, has secured an exclusive license for the Nol8 technology, a cutting-edge data processing engine developed by the Technion – Israel Institute of Technology. This technology represents a significant advancement in real-time data processing by eliminating latency bottlenecks and reducing costs associated with data storage and processing. The acquisition of Nol8 positions FortifAI to potentially revolutionize various industries, including gaming, AI, finance, and cybersecurity, by offering ultra-low latency and cost-effective computation solutions at scale.
Fortifai Limited, a company listed on the Australian Securities Exchange (ASX: FTI), has announced a change in its registered office and principal place of business. The new address is Level 5, 10 Shelley Street, Sydney, NSW 2000, Australia. This change is effective immediately and has been authorized by the Board of Fortifai Limited.
Fortifai Ltd has announced the cessation of certain securities on the Australian Securities Exchange (ASX). This cessation involves the expiry of options that were not exercised or converted by the expiration date of November 19, 2025. The impact of this announcement is primarily administrative, affecting the company’s issued capital structure but not directly influencing its operational or market positioning.
Mighty Kingdom Ltd announced a change in the director’s interest, specifically involving Shannon Robinson, who holds indirect interests through various entities. The change involves the acquisition of 800,000 Fully Paid Ordinary Shares and 1,000,000 Performance Rights, issued following shareholder approval at the 2025 Annual General Meeting. This move may impact the company’s governance and shareholder structure, reflecting strategic decisions made by the board.
Fortifai Ltd has announced the issuance of 4,600,000 unquoted securities under the code FTIAA, which are options expiring on August 29, 2028, with an exercise price of $0.15. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and offering strategic flexibility in its financial operations.
Fortifai Ltd announced the issuance of 1,000,000 unquoted equity securities in the form of Performance Rights, divided equally between Class A and Class B, as part of an employee incentive scheme. This move is intended to motivate and retain employees, potentially impacting the company’s operational efficiency and aligning employee interests with company goals.
Fortifai Limited, listed on the ASX under the ticker FTI, held its Annual General Meeting on October 30, 2025, where shareholders considered various resolutions. All resolutions were carried with overwhelming support, indicating strong shareholder confidence in the company’s governance and strategic direction.
FortifAI Limited reported a strong financial position with a cash balance of $2.6 million and no debt as of September 2025. The company is actively expanding its business through new contracts and projects, including collaborations with Google Fitbit and East Side Games. FortifAI is focused on cost reduction and operational efficiencies, having reduced operating expenditures by 36% compared to the previous quarter. The company is also exploring AI strategies to enhance its offerings and drive growth, with anticipated rebates and tax incentives of $1.9 million expected in the next quarter.
FortifAI Limited has announced its Annual General Meeting, which will take place on October 30, 2025, in West Perth, WA. The meeting will address several key agenda items, including the presentation of the company’s annual financial statements and reports, the adoption of the remuneration report, and the election of directors Shannon Robinson, Duncan Gordon, and Andrew Scott Cole. Shareholders are encouraged to participate as their votes are crucial, although some resolutions, like the remuneration report, are advisory and non-binding.