NFT Ltd
MI NYSE Finance Services Financials FY2021โFY2025
What NFT Ltd does
No business description yet.
- Legal name
- NFT Ltd
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท May 1, 2026
- Accession ยท CIK
- 0001213900-26-050939
0001958713
Revenue and margins
NFT Ltd had $0.7M of revenue in fiscal 2025, down 2.0% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
NFT Ltd returned โ to shareholders in fiscal 2025. The diluted share count rose 111.1%.
Balance sheet
Cash, debt and the ratios that show how comfortably NFT Ltd can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $1.8M | $63.7M | $61.8M | $82.3M | $2.8M |
| Debt incl. finance leases | โ | $1.6M | โ | โ | โ |
| Debt / equity | โ | 0.0x | โ | โ | โ |
| Interest coverage | โ | โ | โ | โ | โ4.0x |
| Current ratio | โ | 4.4x | 5.7x | 15.1x | 17.1x |
| Quick ratio | โ | 4.4x | 5.7x | 15.1x | 17.1x |
| Total assets | โ | $67.8M | $73.7M | $86.6M | $106M |
| Total liabilities | โ | $15.3M | $12.9M | $5.7M | $6.2M |
| Shareholders' equity | $2.8M | $52.4M | $60.8M | $80.9M | $99.7M |
| Net debt (โ = net cash) | โ | โ$62.1M | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 4 | 3 / 8 | 3 / 8 | 1 / 8 |
| Accruals ratio | โ | โ21.3% | 7.8% | 9.5% | 101.8% |
| Altman Z'' | โ | 5.81 | 8.74 | 19.82 | 22.12 |
5 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | โ | $3.4M | $2.2M | $0.7M | $0.7M |
| Gross profit | โ | $2.6M | $1.6M | $0.5M | $0.5M |
| Operating income | โ$13.5M | โ$9.4M | โ$0.9M | โ$0.9M | โ$1.1M |
| Interest expense | โ | โ | โ | โ | $0.3M |
| Pretax income | โ$13.5M | โ$9.4M | โ$1.6M | $6.0M | โ$1.3M |
| Income tax | โ | $0.3M | $0.1M | โ$0.3M | $0.0M |
| Net income | โ$30.1M | โ$10.4M | $5.2M | $6.3M | โ$1.4M |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B |
| Cash flow | |||||
| Cash from operations | โ$16.1M | $4.1M | โ$0.3M | โ$1.3M | โ$99.3M |
| Depreciation and amortization | $0.0M | โ | โ | โ | โ |
| Stock-based compensation | $10.9M | โ | โ | โ | โ |
| Balance sheet | |||||
| Cash and short-term investments | $1.8M | $63.7M | $61.8M | $82.3M | $2.8M |
| Total debt | โ | $1.6M | โ | โ | โ |
| Current assets | โ | $67.7M | $73.7M | $86.6M | $106M |
| Current liabilities | โ | $15.3M | $12.9M | $5.7M | $6.2M |
| Property and equipment, net | โ | $0.0M | โ | โ | โ |
| Intangible assets | โ | $0.0M | โ | โ | โ |
| Total assets | โ | $67.8M | $73.7M | $86.6M | $106M |
| Total liabilities | โ | $15.3M | $12.9M | $5.7M | $6.2M |
| Shareholders' equity | $2.8M | $52.4M | $60.8M | $80.9M | $99.7M |
| Margins | |||||
| Gross margin | โ | 77.0% | 74.2% | 74.1% | 73.5% |
| Operating margin | โ | โ275.7% | โ40.7% | โ122.4% | โ148.1% |
| Net margin | โ | โ304.2% | 241.6% | 850.1% | โ187.7% |
| Returns | |||||
| Return on capital employed | โ | โ17.9% | โ1.4% | โ1.1% | โ1.1% |
| Return on equity | โ1,083.1% | โ37.5% | 9.2% | 8.9% | โ1.5% |
| Return on assets | โ | โ15.3% | 7.4% | 7.9% | โ1.4% |
| Return on tangible equity | โ1,083.1% | โ19.8% | 8.6% | 7.8% | โ1.4% |
| Growth | |||||
| Revenue growth | โ | โ | โ36.7% | โ65.6% | โ2.0% |
| Net income growth | โ | โ | โ | 21.0% | โ121.6% |
| Share count change | โ | 100.2% | 150.7% | 230.1% | 111.1% |
| Financial health | |||||
| Debt / equity | โ | 0.0x | โ | โ | โ |
| Interest coverage | โ | โ | โ | โ | โ4.0x |
| Current ratio | โ | 4.4x | 5.7x | 15.1x | 17.1x |
| Quick ratio | โ | 4.4x | 5.7x | 15.1x | 17.1x |
| Quality scores | |||||
| Piotroski F-score | โ | โ | 3.0 | 3.0 | 1.0 |
| Altman Z'' | โ | 5.8 | 8.7 | 19.8 | 22.1 |
| Accruals ratio | โ | โ21.3% | 7.8% | 9.5% | 101.8% |
Source: SEC EDGAR XBRL filings (CIK 0001958713). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.
