MFImF International Limited

$9.12-75% 1Y

Is the business good?

Mixed

Returns not propped up by debt. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.

1 neutral, 3 without data
Where ROE comes from2% ROAderived

Margin-driven, fat margins on slower asset turns. ROE 2% = margin × turnover × leverage.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is MFI?

mF International Limited earns −1.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−1.0%

Return on invested capital · cost of capital 9.0% · 10 points below what the capital costs: growth destroys value

Operating margin
−144%

Operating margin · Software - Application median 6.4% · fiscal year to FY2025

Share count, year on year
+251%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
0.14%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY202133%
FY202222%
FY202321%
FY2024−74%
FY2025−144%
Details›
Gross marginfiscal year to FY2025
30%
Operating marginfiscal year to FY2025
−144%
Net marginfiscal year to FY2025
233%
Free cash flow margin
−47%
R&D as % of revenue
0.14%
Revenue, trailing twelve months
$34M
Free cash flow, trailing twelve months
−$16M
Net income, trailing twelve months
$79M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−1.0%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.