MI Stock Overview

Through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People’s Republic of China. More details

MI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (3.2x) is below the US market (18.3x)

Became profitable this year

Risk Analysis

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the US market

Does not have meaningful revenue ($1M)

Does not have a meaningful market cap ($26M)

My Notes

Capture your thoughts, links and company narrative

NFT Limited Competitors

Cheer Holding

NasdaqCM:CHR

US$26.5m

DHI Group

NYSE:DHX

US$81.9m

NasdaqGM:JFU

US$17.9m

So-Young International

NasdaqGM:SY

US$83.4m

Price History & Performance

Summary of share price highs, lows and changes for NFT
Historical stock prices
Current Share Price	US$3.67
52 Week High	US$16.72
52 Week Low	US$2.05
Beta	2.86
1 Month Change	-13.50%
3 Month Change	-50.54%
1 Year Change	-60.50%
3 Year Change	-98.24%
5 Year Change	-85.61%
Change since IPO	-96.24%

Recent updates

Shareholder Returns

	MI	US Interactive Media and Services	US Market
7D	-48.0%	-1.6%	-1.1%
1Y	-60.5%	43.4%	22.4%

Return vs Industry: MI underperformed the US Interactive Media and Services industry which returned 45% over the past year.

Return vs Market: MI underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is MI's price volatile compared to industry and market?
MI volatility
MI Average Weekly Movement	32.8%
Interactive Media and Services Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MI's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MI's weekly volatility has increased from 23% to 33% over the past year.

About the Company

Founded	Employees	CEO	Website
2009	27	Kuangtao Wang	www.nftoeo.com

NFT Limited, through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People’s Republic of China. The company’s electronic online platform, nftoeo.com offers online listing and trading services that allow artists/art dealers/owners to access art trading market where they can engage with a range of investors, as well as invests in artwork. Its platform offers and trades in artwork, such as calligraphies and paintings, jewelry, and precious stones.

NFT Limited Fundamentals Summary

How do NFT's earnings and revenue compare to its market cap?
MI fundamental statistics
Market cap	US$26.11m
Earnings (TTM)	US$4.66m
Revenue (TTM)	US$1.27m

3.2x

P/E Ratio

11.8x

P/S Ratio

Is MI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MI income statement (TTM)
Revenue	US$1.27m
Cost of Revenue	US$351.35k
Gross Profit	US$922.59k
Other Expenses	-US$3.74m
Earnings	US$4.66m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.14
Gross Margin	72.42%
Net Profit Margin	365.94%
Debt/Equity Ratio	0%

How did MI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 04:50
End of Day Share Price	2024/12/30 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NFT Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fiona Orford-Williams	Edison Investment Research
Gregory Pendy	Sidoti & Company, LLC