MFI

Company Overview — What Does mF International Ltd Do?

mF International is a holding company limited by shares and established under the laws of the British Virgin Islands on June 15, 2022. It is a holding company with no business operations and uses a structure that involves three Operating Subsidiaries based in Hong Kong. This structure involves risks to the investors, and Chinese regulatory authorities could disallow this structure, which would likely result in a material change in mF International’s operations and/or a material change in the value of the securities we are registering for sale, including the risk that such event could cause the value of such securities to significantly decline or become worthless. Investors are cautioned that you are buying shares of a BVI holding company with operations solely conducted in Hong Kong by its Operating Subsidiaries. You are not directly investing in, and may never hold equity interests in the Operating Subsidiaries. Investing in our Ordinary Shares involves a high degree of risk, including the risk of losing your entire investment. --- We are holding company with three Operating Subsidiaries in Hong Kong. Our principal Hong Kong subsidiary, m-FINANCE Limited (“mF” or m-FINANCE), established in 2002, is a Hong Kong-based experienced financial trading solution provider principally engaged in the development and provision of financial trading solutions to customers via internet or platform as software as a service, or SaaS. m-FINANCE has approximately 20 years of experience providing real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications and financial information for brokers and institutional clients in the region. m-FINANCE has provided a wide range of services, including the mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform “Broker+” Solution, Social Trading Apps and other value-added services. m-FINANCE has been committed to providing a state-of-the-art trading platform and innovative one-stop trading solution that fits for the Asian market, via internet or platform as software as a service, with clients located over mainland China, Hong Kong and Southeast Asia. Substantially all of the Operating Subsidiaries’ operations are conducted in Hong Kong, with 2.2%, 3.8%, 5.8% and 1.7% of our total revenue generated from clients in mainland China for the years ended December 31, 2021 and 2022 and the six months ended June 30, 2022 and 2023, respectively. m-FINANCE’s customers are mainly financial institutions, including brokers, investment banks, institutional clients and financial services providers. As of the date of this prospectus, m-FINANCE’s trading platform is handling a monthly average transaction value of over US$100 billion. Revenues are primarily generated from the operations of the Operating Subsidiaries providing trading platform solutions and financial value-added services via internet or platform as software as a service. Our goal is to increase our market share and grow our business by expanding the Operating Subsidiaries’ customer base and service capacity. Our principal executive offices are located at Unit 1801, Fortis Tower, 77-79 Gloucester Road, Wan Chai, Hong Kong. Our registered office in the British Virgin Islands is at Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, BVI. Our agent for service of process in the United States is Cogency Global Inc., 122 East 42nd Street, 18th Floor, New York, NY. mF International Ltd (MFI) is classified as a small-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Chi Weng Tam and employs approximately 32 people. With a market capitalization of $625M, MFI is one of the notable companies in the Technology sector.

mF International Ltd (MFI) Stock Rating — Reduce (April 2026)

As of April 2026, mF International Ltd receives a Reduce rating with a composite score of 36.3/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MFI ranks #3,061 out of 4,446 stocks in our coverage universe. Within the Technology sector, mF International Ltd ranks #348 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MFI Stock Price and 52-Week Range

mF International Ltd (MFI) currently trades at $13.81. The stock gained $1.81 (15.1%) in the most recent trading session. The 52-week high for MFI is $60.73, which means the stock is currently trading -77.3% from its annual peak. The 52-week low is $0.51, putting the stock 2607.3% above its annual trough. Recent trading volume was 39K shares, suggesting relatively thin trading activity.

Is MFI Overvalued or Undervalued? — Valuation Analysis

mF International Ltd (MFI) carries a value factor score of 44/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The price-to-book ratio stands at 125.46x, versus the sector average of 3.16x. The price-to-sales ratio is 43.18x, compared to 1.06x for the average Technology stock.

Overall, MFI's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

mF International Ltd Profitability — ROE, Margins, and Quality Score

mF International Ltd (MFI) earns a quality factor score of 35/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -225.1%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -138.7% versus the sector average of -1.0%.

On a margin basis, mF International Ltd reports gross margins of 47.2%, compared to 50.9% for the sector. The operating margin is -74.3% (sector: -0.5%). Net profit margin stands at -77.5%, versus -1.5% for the average Technology stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

MFI Debt, Balance Sheet, and Financial Health

mF International Ltd has a debt-to-equity ratio of 17.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $780,113. Cash and equivalents stand at $3M.

MFI has a beta of 2.22, meaning it is more volatile than the broader market — a $10,000 investment in MFI would be expected to move 121.6% more than the S&P 500 on any given day. The stability factor score for mF International Ltd is 10/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

mF International Ltd Revenue and Earnings History — Quarterly Trend

In TTM 2026, mF International Ltd reported revenue of $3M and earnings per share (EPS) of $-0.03. Net income for the quarter was $-3M. Gross margin was 47.2%. Operating income came in at $-2M.

In FY 2024, mF International Ltd reported revenue of $3M and earnings per share (EPS) of $-0.03. Net income for the quarter was $-3M. Gross margin was 47.2%. Revenue grew -17.9% year-over-year compared to FY 2023. Operating income came in at $-2M.

In FY 2023, mF International Ltd reported revenue of $4M and earnings per share (EPS) of $0.07. Net income for the quarter was $848,671. Gross margin was 56.2%. Revenue grew -8.6% year-over-year compared to FY 2022. Operating income came in at $855,499.

In FY 2022, mF International Ltd reported revenue of $4M and earnings per share (EPS) of $0.59. Net income for the quarter was $874,011. Gross margin was 52.7%. Operating income came in at $966,798.

Over the past 4 quarters, mF International Ltd has experienced revenue contraction from $4M to $3M. Investors analyzing MFI stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MFI Dividend Yield and Income Analysis

mF International Ltd (MFI) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

MFI Momentum and Technical Analysis Profile

mF International Ltd (MFI) has a momentum factor score of 47/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 26/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 38/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

MFI vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, mF International Ltd (MFI) ranks #348 out of 584 stocks based on the Blank Capital composite score. This places MFI in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing MFI against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MFI vs S&P 500 (SPY) comparison to assess how mF International Ltd stacks up against the broader market across all factor dimensions.

MFI Next Earnings Date

No upcoming earnings date has been announced for mF International Ltd (MFI) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MFI? — Investment Thesis Summary

The quantitative profile for mF International Ltd suggests caution. The quality score of 35/100 flags below-average profitability. High volatility (stability score 10/100) increases portfolio risk.

In summary, mF International Ltd (MFI) earns a Reduce rating with a composite score of 36.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MFI stock.

Related Resources for MFI Investors

Explore more research and tools: MFI vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MFI head-to-head with peers: MFI vs IHS, MFI vs VRSN, MFI vs ESE.