Mighty Kingdom (DB:9UQ) - Stock Price, News & Analysis

9UQ Stock Overview

Engages in the video game development business in Australia.

9UQ fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 14.8% per year over past 5 years

Does not have a meaningful market cap (€11M)

Shareholders have been substantially diluted in the past year

Has less than 1 year of cash runway

+ 2 more risks

Mighty Kingdom Limited Competitors

Beyond Frames Entertainment

DB:8WP

€21.7m

Intertainment

XTRA:ITN

€8.5m

tmc Content Group

XTRA:ERO

€4.6m

Splendid Medien

XTRA:SPM

€11.6m

Price History & Performance

Summary of all time highs, changes and price drops for Mighty Kingdom
Historical stock prices
Current Share Price	AU$0.026
52 Week High	AU$0.13
52 Week Low	AU$0.0075
Beta	1.04
11 Month Change	-11.86%
3 Month Change	246.71%
1 Year Change	-13.33%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-97.79%

Recent updates

Shareholder Returns

	9UQ	DE Entertainment	DE Market
7D	-5.5%	2.0%	1.8%
1Y	-13.3%	64.9%	13.8%

Return vs Industry: 9UQ underperformed the German Entertainment industry which returned 64.9% over the past year.

Return vs Market: 9UQ underperformed the German Market which returned 13.8% over the past year.

Price Volatility

Is 9UQ's price volatile compared to industry and market?
9UQ volatility
9UQ Average Weekly Movement	86.0%
Entertainment Industry Average Movement	6.9%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	11.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 9UQ's share price has been volatile over the past 3 months.

Volatility Over Time: 9UQ's weekly volatility has increased from 62% to 86% over the past year.

About the Company

Founded	Employees	CEO	Website
2010	n/a	David Yin	www.mightykingdom.com

Mighty Kingdom Limited engages in the video game development business in Australia. The company develops video games for console, PC, and mobile platforms. Its games portfolio includes STAR TREK LOWER DECKS, CONAN CHOP CHOP, GABBY'S DOLLHOUSE, AVA'S MANOR, SHOPKINS, WILD LIFE, and DANGER DAYS.

Mighty Kingdom Limited Fundamentals Summary

How do Mighty Kingdom's earnings and revenue compare to its market cap?
9UQ fundamental statistics
Market cap	€6.74m
Earnings (TTM)	-€4.36m
Revenue (TTM)	€3.18m

2.1x

P/S Ratio

-1.5x

P/E Ratio

Is 9UQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9UQ income statement (TTM)
Revenue	AU$5.10m
Cost of Revenue	AU$723.99k
Gross Profit	AU$4.38m
Other Expenses	AU$11.37m
Earnings	-AU$6.99m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.032
Gross Margin	85.81%
Net Profit Margin	-137.04%
Debt/Equity Ratio	0%

How did 9UQ perform over the long term?

See historical performance and comparison

9UQ Stock Overview

Rewards

Risk Analysis

Mighty Kingdom Limited Competitors

DB:8WP

€21.7m

XTRA:ITN

€8.5m

XTRA:ERO

€4.6m

XTRA:SPM

€11.6m

Price History & Performance

Recent News & Updates

Full year 2024 earnings released: AU$0.12 loss per share (vs AU$0.49 loss in FY 2023)

New minor risk - Revenue size

Full year 2024 earnings released: AU$0.01 loss per share (vs AU$0.49 loss in FY 2023)

Mighty Kingdom Limited Announces Resignation of Simon Rabbitt as Chief Financial Officer

East Side Games Group in Collaboration with Mighty Kingdom and Hasbro Announce Global Launch of the Free-To-Play Mobile Game Power Rangers: Mighty Force

Mighty Kingdom Limited has filed a Follow-on Equity Offering in the amount of AUD 1.98 million.

Recent updates

Full year 2024 earnings released: AU$0.12 loss per share (vs AU$0.49 loss in FY 2023)

New minor risk - Revenue size

Full year 2024 earnings released: AU$0.01 loss per share (vs AU$0.49 loss in FY 2023)

Mighty Kingdom Limited Announces Resignation of Simon Rabbitt as Chief Financial Officer

East Side Games Group in Collaboration with Mighty Kingdom and Hasbro Announce Global Launch of the Free-To-Play Mobile Game Power Rangers: Mighty Force

Mighty Kingdom Limited has filed a Follow-on Equity Offering in the amount of AUD 1.98 million.

High number of new and inexperienced directors

Mighty Kingdom Limited has completed a Follow-on Equity Offering in the amount of AUD 6.243999 million.

New major risk - Shareholder dilution

Mighty Kingdom Limited has filed a Follow-on Equity Offering in the amount of AUD 6.243999 million.

Mighty Kingdom Limited has filed a Follow-on Equity Offering in the amount of AUD 6.243999 million.

New major risk - Financial position

Mighty Kingdom Limited Provides Update on Resolutions for Election and Removal of Directors

Mighty Kingdom Limited Announces Board Changes

Imagination Entertainment Seeks to Replace Directors at Mighty Kingdom

Imagination Entertainment Seeks to Replace Directors at Mighty Kingdom

Mighty Kingdom Limited, Annual General Meeting, Nov 29, 2023

Mighty Kingdom Limited Appoints Simon Rabbitt as Interim Chief Executive Officer

Mighty Kingdom Limited Announces Resignation of Melanie Fletcher as Independent Non-Executive Director

Mighty Kingdom Limited Announces Resignation of Shane Yeend as Chief Executive Officer

Full year 2023 earnings released: AU$0.03 loss per share (vs AU$0.066 loss in FY 2022)

New minor risk - Financial data availability

Mighty Kingdom Limited Announces Board Changes

First half 2023 earnings released: AU$0.03 loss per share (vs AU$0.034 loss in 1H 2022)

Mighty Kingdom Limited Announces Resignation of Megan Brownlow as Independent Non-Executive Director and Committee Appointmetns

Mighty Kingdom Limited Appoints Simon Rabbitt as Chief Financial Officer

Mighty Kingdom Limited Announces Resignation of Amy Guan as Chief Financial Officer

High number of new and inexperienced directors

Mighty Kingdom Limited, Annual General Meeting, Nov 28, 2022

East Side Games Group Announces Release of Star Trek: Lower Decks- the Badgey Directive

Full year 2022 earnings released: AU$0.07 loss per share (vs AU$0.10 loss in FY 2021)

Less than half of directors are independent

Mighty Kingdom Limited Announces Appointment of Directors