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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 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.33M | 5.10M | 6.93M | 4.90M | 3.28M |
| Gross Profit | 3.70M | 4.38M | -9.44M | -10.29M | -5.81M |
| EBITDA | -1.68M | -6.33M | -9.92M | -12.14M | -7.78M |
| Net Income | -1.99M | -6.99M | -9.09M | -10.86M | -7.15M |
Balance Sheet | |||||
| Total Assets | 5.81M | 6.56M | 8.51M | 11.38M | 19.06M |
| Cash, Cash Equivalents and Short-Term Investments | 3.03M | 3.37M | 301.79K | 3.75M | 13.55M |
| Total Debt | 0.00 | 0.00 | 264.94K | 693.24K | 1.48M |
| Total Liabilities | 1.32M | 3.63M | 5.26M | 6.09M | 7.16M |
| Stockholders Equity | 4.50M | 2.93M | 3.25M | 5.29M | 11.90M |
Cash Flow | |||||
| Free Cash Flow | -3.79M | -5.62M | -7.38M | -13.43M | -6.28M |
| Operating Cash Flow | -3.78M | -5.60M | -7.36M | -12.71M | -6.07M |
| Investing Cash Flow | -4.07K | 92.90K | -21.54K | -716.56K | -214.09K |
| Financing Cash Flow | 3.46M | 8.58M | 3.93M | 3.63M | 19.88M |
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% | |
50 Neutral | AU$160.34M | -90.91 | -53.59% | ― | -15.18% | 89.75% | |
48 Neutral | AU$13.20M | -6.25 | -19.65% | ― | 201.07% | -69.23% | |
47 Neutral | AU$11.26M | -3.82 | -18.92% | ― | 8.20% | 37.20% | |
47 Neutral | AU$136.15M | 214.29 | -26.76% | ― | -24.66% | -206.50% | |
47 Neutral | AU$20.49M | 53.33 | ― | ― | -2.82% | ― | |
43 Neutral | AU$23.29M | -11.11 | -35.22% | ― | -11.88% | -12.50% |
Mighty Kingdom Ltd Corporate Events
Fortifai Ltd has notified the ASX of changes to its capital structure, confirming the expiry of a tranche of listed options without exercise. The company reported that 62,394 options, which were due to expire on 16 February 2026 with an exercise price of $11.25, have now lapsed, marginally reducing the pool of potential future share dilution for existing shareholders.
The cessation of these options does not involve any new capital being raised and reflects a routine clean-up of the company’s register as derivative securities reach their expiry date. For current investors, the expiry may slightly simplify Fortifai’s equity profile and remove a potential overhang from unexercised options, though the overall impact on the company’s financial position appears limited based on the information disclosed.
The most recent analyst rating on (AU:FTI) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Mighty Kingdom Ltd stock, see the AU:FTI Stock Forecast page.
FortifAI has secured firm commitments for a $5 million strategic placement, issuing 16,666,667 new shares at $0.30 each to a single leading institutional investor, which will become a key long-term shareholder. The capital injection strengthens the company’s balance sheet and signals strong external confidence in its AI and gaming strategy, positioning FortifAI to accelerate key development milestones and commercialisation efforts while supporting general working capital needs.
The placement will be completed under the company’s existing ASX listing capacity, with settlement expected on 26 February 2026, and was arranged by 708 Capital and Sandton Capital Advisory as joint lead managers. By broadening its institutional investor base and securing dedicated funding for its Nol8 AI data infrastructure and games portfolio, FortifAI aims to enhance its competitive footing in high-growth AI markets and underpin its next phase of operational expansion.
The most recent analyst rating on (AU:FTI) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Mighty Kingdom Ltd stock, see the AU:FTI Stock Forecast page.
Fortifai Limited has issued 155 million fully paid ordinary shares without a prospectus or other disclosure document under the Corporations Act, relying on the secondary trading exemption provisions. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated it is not aware of any excluded information, signalling that the enlarged share capital can trade on market without additional disclosure and reinforcing compliance assurances for existing and prospective shareholders.
FortifAI Limited has appointed Yosef Keret as a director effective 2 February 2026, with an initial disclosed holding of 180,000 fully paid ordinary shares in his own name and a substantial additional interest via IBI Trust Management as beneficiary, covering over 11.8 million shares and several tranches of performance rights. Under an employment agreement with subsidiary Celerriem Ltd, Keret is also entitled to receive 6 million performance rights under the company’s equity incentive plan, subject to shareholder approval and time-based vesting linked to the completion of the FastAI Pty Ltd acquisition, further aligning his remuneration with FortifAI’s long-term performance and potentially increasing management’s influence on the register.
FortifAI Ltd, listed on the ASX under the code FTI, has applied for the quotation of 155 million new ordinary fully paid shares. The securities, issued as part of previously announced transactions, are dated 2 February 2026 and their quotation will expand FortifAI’s listed share base, potentially increasing liquidity and broadening its investor reach.
FortifAI Limited has completed the acquisition of FastAI Pty Ltd, gaining full control of Israeli subsidiary Celerriem Ltd and the licensed Nol8 next-generation binary search technology from the Technion Research and Development Foundation, in exchange for 155 million fully paid ordinary shares and 150 million performance rights. As part of the transaction, experienced technology executive Yosef Keret has been appointed to the FortifAI board while continuing as CEO of Celerriem, with his role structured around performance-based bonuses and equity incentives tied to ambitious revenue milestones, underscoring FortifAI’s strategy to commercialise Nol8 globally and strengthen its position in advanced AI and search technologies, with all Israeli operations to be run via Celerriem under Keret and inventor/CTO Alon Rashelbach.
FortifAI Limited has completed the acquisition of FastAI Pty Ltd, securing exclusive rights to the Nol8 Technology, a neural network–driven data-in-motion engine designed to process and classify data as it arrives, positioning the company to serve high-performance markets requiring ultra-low latency and scalable computation. During the December 2025 quarter, the Mighty Kingdom studio continued to perform strongly with contracts from Google, Spin Master and royalty income from East Side Games, helping deliver FortifAI’s first quarter of positive operating cash flow of $292,000 on customer receipts of $942,000, while the group ended the period with $2.89 million in cash, no debt, and expects a further $1.8 million in government rebates and tax incentives to support integration of Nol8, expansion of its team and the development of a commercial MVP, reinforcing its financial footing and growth trajectory.
Fortifai Ltd, listed on the ASX under code FTI, has issued a total of 9 million unquoted options across three new option classes, each expiring on 23 January 2028 with exercise prices of $0.15, $0.20 and $0.25. The issuance, previously flagged in an Appendix 3B, bolsters the company’s equity-based incentives and potential future capital base, which may influence shareholder dilution and aligns Fortifai’s capital structure with its longer-term growth and funding plans.
Fortifai Limited (ASX: FTI) has reported the outcomes of its 21 January 2026 general meeting, where shareholders voted on several capital-related resolutions. All three resolutions, including the issuance of consideration securities for the FastAI acquisition, ratification of prior securities issued under a joint lead managers mandate, and the issue of adviser options, were carried with overwhelming shareholder support, reflecting strong backing for the company’s recent funding and acquisition initiatives and signalling continued confidence in its strategic direction.
FortifAI Ltd has announced the lapse of a series of listed options on the ASX, designated FTIAJ, which carried an exercise price of $3.00 and were scheduled to expire on 31 December 2025. The company confirmed that 96,001 of these options have ceased without being exercised, resulting in no new shares being issued and leaving existing shareholders’ equity positions unchanged while slightly reducing the pool of potential future dilution from outstanding options.
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.