MIXED MARTIAL ARTS GROUP LTD (MMA) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MIXED MARTIAL ARTS GROUP LTD Do?
Our mission is to empower community driven growth in the global martial arts and combat sports sector, leveraging technology to bridge the gap between passion and participation. We are a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. While we believe martial arts and combat sport gyms have a superb in-gym product, they are ripe for transformation when it comes to building sales channels, enhancing customer onboarding, optimizing engagement and driving the growth and retention of members and membership revenues within their gym communities. We believe that our platform represents a considerable opportunity to aggregate the vast global community ecosystem for martial arts and combat sports, via a single platform solution that will define the sector’s digital transformation, converting one of the world’s largest fan bases into participants. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community. To date, the Warrior Training Program has been the core product we have monetized globally, which has been integral in enabling us to partner with some of the best gyms and coaches globally, while building a passionate following from our participants and customers. Mixed martial arts (“MMA”) is one of the world’s fastest growing sports for participation and audience growth, with hundreds of millions of passionate fans engaging in various levels of digital and physical participation every day. According to IBISWorld statistics, there are currently over 45,597 martial arts and combat sports gyms in the US alone that are expected to generate over US$12.6 billion in annual revenue in 2023. Additionally, according to Sports & Fitness Industry Association’s Single Sport Reports for Martial Arts and Boxing Fitness, it is expected that more than 11.8 million people will engage in various martial arts and combat sports disciplines in 2023. There are significant sector tailwinds which we benefit from, created by the large professional MMA leagues, including the UFC, Professional Fighters League (“PFL”), ONE Championship and Bellator, whose marketing budgets and broadcast reach play a pivotal role in growing the sport’s fan base. As a participant in the MMA sector, we target fan and consumer interest and aim to convert that interest into engagement with our premium and immersive online and “in-gym” fitness and training experiences. We have successfully activated globally recognized coaches, athletes and influencers as ambassadors who continue to promote our vison and the growth in adoption of our platform and its benefits. We believe the continuing engagement of our ambassadors will be a key element to drive our expansion. Our network of partner gym communities includes some of the most renowned names in the combat sports sector, including one of our cofounders, John Kavanagh, an MMA coach who is widely recognized for coaching UFC champion, Conor McGregor. Mr. Kavanagh has assisted in the development of the training programs available exclusively on our platform and offers these programs at his prominent gym, SBG Ireland, in Dublin. Mr. Kavanagh has also assisted us in engaging other globally recognized partner gym communities. In addition, we have also secured key talent in the MMA sector by engaging ambassadors such as former UFC champion Daniel Cormier, UFC broadcaster Laura Sanko and owner and head coach of City Kickboxing in Auckland, New Zealand, Eugene Bareman. Since our inception, we have accumulated deep sector knowledge of how martial arts and combat sports operate globally, enabling us to recognize the unique preferences and needs of the gyms, coaches and consumers within this market. We have leveraged the extensive information in our gym inventory and community database to create an optimal pathway to attract consumers to participate in our proprietary training programs as well as training via the weekly timetable of our partner gyms. We have built a database containing over 4,000 records of martial arts and combat sports gyms globally and have over 300 gyms on the Alta Platform. Our partner gym communities include martial arts and combat sports gym operations that span a range of training disciplines including, but not limited to, jiu jitsu, boxing, wrestling, MMA, Muay Thai, kickboxing, judo, karate, and Tae Kwon Do. Since 2018, we have run over 206 Warrior Training Programs globally, and over 5,107 participants have subscribed to our Warrior Training Program, an average of 25 participants per program. In fiscal year 2021, we ran 34 Warrior Training Programs with a total of 886 participants. In fiscal year 2022, we ran 50 Warrior Training Programs with a total of 1,163 participants. In fiscal year 2023, we ran 36 Warrior Training Programs with a total of 865 participants. Over the last three years, the average gross revenue per participant who subscribed to our Warrior Training Program was A$1,496. The Warrior Training Program is a 100 lesson, 20-week syllabus that provides participants with a comprehensive introduction to the foundations of the sport of mixed martial arts. Participants who complete the 20-week Warrior Training Program have the opportunity to compete in a sanctioned amateur mixed martial arts contest against a fellow participant in their class cohort. The Warrior Training Program thereby acts as an “on ramp” to learning the fundamentals of all disciplines of mixed martial arts, including wrestling, Brazilian Jiu Jitsu, boxing, Thai boxing, Judo and other disciplines. At the conclusion of the Warrior Training Program, participants may elect to continue their training subscription and specialize in a particular martial art they enjoyed during their Warrior Training Program. As a result, our partner gyms have experienced incremental revenue growth because of increased participation within their community. Our community development approach to acquiring participants has redefined the participation demographics for martial arts worldwide. Specifically, we have strong female participation rates and the average age of our members is mid to late 30s, with our oldest participants being in their 60s. Additionally, participants can become valuable, long-standing members of our and their gym community after completing their first Alta program. We have also entered into a Partner Referral Agreement with U Gym, LLC (“UFC Gym”). We have collaborated with UFC Gym to design and launch a new 10-week Alta training program, called the UFC Fight Fit Program (“UFC Fight Fit Program”). UFC Gym has the option to introduce the 10 week program across its network of over 150 global locations. A further opportunity to aggregate the sector is through our Alta Community product, which is an extension of our existing product offerings and represents the first global, cloud-based community-led growth and management software for martial arts and combat sports. The Alta Community is designed for participants, coaches, and operators who are collectively referred to as “members” of the Alta Community. The Alta Community enables the creation of individual communities and also promotes connections among these communities and their members, thus fostering a single global community. This solution is deliberately designed to optimize the management, growth, and monetization of martial arts and combat sports communities. It strives to enhance the digital and in-gym experiences of Alta members, making it easier for them to discover, participate in, contribute to, coach, and operate the best martial arts and combat sports communities on a single platform. Importantly, this entire process is facilitated through a simple monthly subscription. In summary, by combining our proprietary training programs with the insights and connection driven approach of the Alta Community, we have created a commercial environment that drives efficiency, growth, and is designed to deliver partner gyms and coaches a distinct competitive advantage. The combination of Alta’s core products positions the business strongly as a first mover in the race to aggregate such a vast and attractive sector by creating a personalized, inclusive and attractive “on ramp” for martial arts participation, regardless of location. We were incorporated on March 27, 2013 under the laws of Australia under the name Wimp 2 Warrior Limited and changed our name to Alta Global Group Limited on February 2, 2022. Our principal executive offices are located at Level 1, Suite 1, 29-33 The Corso, Manly, New South Wales. MIXED MARTIAL ARTS GROUP LTD (MMA) is classified as a micro-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Nick Langton. With a market capitalization of $12M, MMA is one of the notable companies in the Industrials sector.
MIXED MARTIAL ARTS GROUP LTD (MMA) Stock Rating — Avoid (April 2026)
As of April 2026, MIXED MARTIAL ARTS GROUP LTD receives a Avoid rating with a composite score of 24.1/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.MMA ranks #4,204 out of 4,446 stocks in our coverage universe. Within the Industrials sector, MIXED MARTIAL ARTS GROUP LTD ranks #721 of 752 stocks, placing it in the lower half of its Industrials 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%).
MMA Stock Price and 52-Week Range
MIXED MARTIAL ARTS GROUP LTD (MMA) currently trades at $0.42. The stock lost $0.00 (0.6%) in the most recent trading session. The 52-week high for MMA is $3.07, which means the stock is currently trading -86.3% from its annual peak. The 52-week low is $0.35, putting the stock 19.9% above its annual trough. Recent trading volume was 117K shares, suggesting relatively thin trading activity.
Is MMA Overvalued or Undervalued? — Valuation Analysis
MIXED MARTIAL ARTS GROUP LTD (MMA) carries a value factor score of 4/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth.
At current multiples, MIXED MARTIAL ARTS GROUP LTD trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
MIXED MARTIAL ARTS GROUP LTD Profitability — ROE, Margins, and Quality Score
MIXED MARTIAL ARTS GROUP LTD (MMA) earns a quality factor score of 32/100, signaling below-average profitability metrics relative to the broader market. Return on assets (ROA) comes in at -1536.1% versus the sector average of 3.3%.
Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
MMA Debt, Balance Sheet, and Financial Health
Balance sheet data for MMA is evaluated through our stability factor. Total debt on the balance sheet is $-65,109. Cash and equivalents stand at $2M.
MMA has a beta of 0.87, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for MIXED MARTIAL ARTS GROUP LTD is 23/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
MIXED MARTIAL ARTS GROUP LTD Revenue and Earnings History — Quarterly Trend
In TTM 2026, MIXED MARTIAL ARTS GROUP LTD reported revenue of $-9M. Net income for the quarter was $-26M. Operating income came in at $-26M.
In FY 2025, MIXED MARTIAL ARTS GROUP LTD reported revenue of $-9M. Net income for the quarter was $-26M. Revenue grew -50.6% year-over-year compared to FY 2024. Operating income came in at $-26M.
In FY 2024, MIXED MARTIAL ARTS GROUP LTD reported revenue of $-6M. Net income for the quarter was $-14M. Revenue grew -181.2% year-over-year compared to FY 2023. Operating income came in at $-18M.
In FY 2023, MIXED MARTIAL ARTS GROUP LTD reported revenue of $7M. Net income for the quarter was $11M. Gross margin was 33.4%. Operating income came in at $-1M.
Over the past 4 quarters, MIXED MARTIAL ARTS GROUP LTD has experienced revenue contraction from $7M to $-9M. Investors analyzing MMA stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MMA Dividend Yield and Income Analysis
MIXED MARTIAL ARTS GROUP LTD (MMA) does not currently pay a dividend. This is common among smaller companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
MMA Momentum and Technical Analysis Profile
MIXED MARTIAL ARTS GROUP LTD (MMA) has a momentum factor score of 12/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 24/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 63/100 reflects moderate short selling activity.
MMA vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, MIXED MARTIAL ARTS GROUP LTD (MMA) ranks #721 out of 752 stocks based on the Blank Capital composite score. This places MMA in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing MMA against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MMA vs S&P 500 (SPY) comparison to assess how MIXED MARTIAL ARTS GROUP LTD stacks up against the broader market across all factor dimensions.
MMA Next Earnings Date
No upcoming earnings date has been announced for MIXED MARTIAL ARTS GROUP LTD (MMA) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MMA? — Investment Thesis Summary
The quantitative profile for MIXED MARTIAL ARTS GROUP LTD suggests caution. The quality score of 32/100 flags below-average profitability. The value score of 4/100 indicates premium valuation. Momentum is weak at 12/100, a headwind for near-term performance. High volatility (stability score 23/100) increases portfolio risk.
In summary, MIXED MARTIAL ARTS GROUP LTD (MMA) earns a Avoid rating with a composite score of 24.1/100 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 MMA stock.
Related Resources for MMA Investors
Explore more research and tools: MMA vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MMA head-to-head with peers: MMA vs SOBO, MMA vs TEN, MMA vs GLDD.