NFT Limited (MI) AI Stock Analysis
MI AI stock analysis summary
AI ResearchNFT Limited operates an online NFT artwork trading platform primarily in China. In FY2025, the company generated revenue of $725,781 with a net loss of -$1.4M, while holding $103.0M in cash and short-term investments as of June 30, 2026. Over the past year, the stock price fell 99.8% to close at $0.64 on October 16, 2026.
- Market cap
- $53.5M
- Revenue (TTM)
- $520,829
- P/E
- — fwd 2.5x
- 1Y return
- -99.8% S&P 500 16.8%
- Avg. target
- —
Bull case
- The company held $103.0M in cash and short-term investments as of June 30, 2026, exceeding its market capitalization of $53.5M.
- Gross margin remained resilient at 73.5% in FY2025 and 74.1% in FY2024.
- The company reported positive annual net income of $6.3M in FY2024 and $5.2M in FY2023.
Bear case
- Revenue for the trailing twelve months dropped to $520,829, with quarterly revenue falling 64.7% year-over-year in the quarter ended June 30, 2026.
- Operating cash flow and free cash flow dropped significantly to -$99.3M in FY2025.
- The stock plunged 99.8% over the past year to $0.64, down from its 52-week high of $536.00.
What NFT does
NFT Limited, through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade artwork as non-fungible tokens, primarily in the People's Republic of China. Its platform, nftoeo.com, offers online listing and trading services that connect artists, art dealers, and owners with investors, while also investing directly in artwork. The company operates an NFT trading platform that supports multi-category product uploads and provides NFT consulting services. Based in Sha Tin, Hong Kong, the company employs 8 people and serves traders, original owners, and offering agents.
Growth and profitability
Revenue declined at a 5-year CAGR of -25.5% from FY2019 to FY2025. After reaching $3.4M in FY2022, revenue fell to $2.2M in FY2023, $740,701 in FY2024, and $725,781 in FY2025. Gross margin remained steady at 73.5% in FY2025, while operating margin was -148.1%. Following net income of $5.2M in FY2023 and $6.3M in FY2024, net loss was -$1.4M in FY2025. For the trailing twelve months ended June 30, 2026, revenue stood at $520,829 with an operating margin of -454.3% and EPS of -$2.24. In the quarter ended June 30, 2026, revenue fell 64.7% year-over-year and quarterly earnings declined 85.5%.
Balance sheet and cash flow
As of June 30, 2026, NFT Limited held $103.0M in cash and short-term investments against total assets of $107.6M. Shareholders' equity was $101.6M, and the current ratio stood at 17.97. In FY2025, operating cash flow and free cash flow were both -$99.3M, following -$1.3M in FY2024. Over five years, the company's share count changed by -17.0%.
Valuation and performance
At $0.64 per share on October 16, 2026, NFT Limited had a market capitalization of $53.5M and an enterprise value of -$41.9M. The stock trades at a price-to-sales multiple of 102.7x, compared to 0.7x for the median of its US-listed Consumer Cyclical peers. Its forward price-to-earnings ratio is 2.5x versus the peer median of 14.1x, and its enterprise value-to-revenue ratio is 26.0x. Over the past year, the stock fell 99.8%, while the S&P 500 benchmark SPY returned 16.8%. The stock traded 99.3% below its 200-day average.
What analysts expect
Analyst coverage for NFT Limited is limited, with data showing 1 EPS beat over the last 4 quarters. The company does not have published consensus ratings, mean price targets, forward revenue forecasts, or next earnings release dates listed. In recent operating periods, trailing twelve-month EPS stood at -$2.24, and FY2025 net income was -$1.4M following net income of $6.3M in FY2024.
Key risks and what to watch
- Revenue contracted at a 5-year CAGR of -25.5% from FY2019 to FY2025.
- Operating margin for the trailing twelve months was -454.3%, reflecting continued operating losses.
- Short interest represents 5.6% of the float, accompanied by a beta of 1.37.
- The stock trades 99.3% below its 200-day moving average after dropping to a 52-week low of $0.60.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this MI AI stock analysis
This page is an AI-written research summary of NFT Limited (MI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: MI income statement, MI balance sheet, MI key metrics, MI chart. See the MI stock overview for the latest quote and news.
MI AI stock analysis FAQ
What does NFT Limited do?
NFT Limited operates nftoeo.com, an online platform for artists, dealers, and investors to list and trade non-fungible token artwork primarily in China. The company also invests in artwork and provides NFT consulting services.
What is NFT Limited's cash position?
As of June 30, 2026, NFT Limited held $103.0M in cash and short-term investments, with a current ratio of 17.97 and shareholders' equity of $101.6M.
How has MI stock performed over the past year?
MI fell 99.8% over the past year, closing at $0.64 on October 16, 2026, compared to a 16.8% return for the S&P 500 benchmark SPY.
What is NFT Limited's valuation?
As of October 16, 2026, NFT Limited had a market capitalization of $53.5M and an enterprise value of -$41.9M, trading at a price-to-sales multiple of 102.7x and a forward P/E of 2.5x.