TNL Mediagene (TNMG) AI Stock Analysis

TNL Mediagene operates as a media company in Taiwan and Japan with 500 employees. The company runs various digital publications, including The News Lens, Business Insider Japan, Business Insider Taiwan, DIGIDAY JAPAN, Modern Retail, Becoming Aces, and GLOSSY JAPAN. Its technology and gadget weblogs feature Gizmodo Japan, Cool3c, Tech Insider, and INSIDE. In lifestyle and consumer content, it provides iCook, Lifehacker Japan, ROOMIE, ROOMIE KITCHEN, Life Insider Japan, Money Insider Japan, iGood, and Sports Vision. TNL Mediagene also hosts the MASHING UP conference series and provides digital advertising, integrated marketing, marketing surveys, artificial intelligence technology, data analysis, content platforms, and audio-visual program production.

TNL Mediagene expanded revenue from $20.0M in FY2022 to $35.8M in FY2023 and $48.5M in FY2024, before revenue fell 7.2% to $45.0M in FY2025. Gross margin declined from 38.7% in FY2022 to 31.1% in FY2025. Operating margins remained negative over the entire span, recorded at -17.1% in FY2022, -20.6% in FY2023, -157.4% in FY2024, and -22.1% in FY2025. Net losses widened from -$11.0M in FY2022 to -$85.0M in FY2024, and stood at -$44.6M in FY2025. In the latest quarter ending March 31, 2026, quarterly revenue grew 5.7% year-over-year, bringing trailing twelve-month revenue to $49.7M alongside an operating margin of -25.9% and diluted EPS of -$207.28.

As of March 31, 2026, TNL Mediagene held $2.9M in cash and short-term investments against total debt of $21.6M, resulting in net debt of $18.7M. Total assets stood at $49.9M, while shareholders' equity was $919,255, producing a debt-to-equity ratio of 23.52 and a current ratio of 0.50. Free cash flow was negative across recent years, registering at -$10.3M in FY2024 and -$5.3M in FY2025 alongside operating cash flow of -$4.9M. In FY2025, the company deployed capital expenditures of $403,516.

With a market capitalization of $2.4M and an enterprise value of $46.0M, TNL Mediagene trades at an enterprise value to revenue multiple of 1.0x and a price-to-sales multiple of 0.0x, compared to a median price-to-sales multiple of 0.8x for US-listed Communication Services peers. The stock trades at a price-to-book ratio of 29.7x. Over the past year, TNMG fell 94.3%, compared to a 16.8% gain for the S&P 500 benchmark. At its October 16, 2026 closing price of $3.15, the shares traded 70.1% below their 200-day moving average.

One analyst covers TNL Mediagene with a Strong Buy rating. The mean price target is $112.00, which is 3455.6% above the last closing price of $3.15. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $49.3M and an EPS of -$3.92, representing expected EPS growth of 84.9%. For the following fiscal year, analysts project revenue of $54.4M, reflecting expected revenue growth of 10.4%. The company beat EPS estimates in 3 of the last 4 quarters.

This page is an AI-written research summary of TNL Mediagene (TNMG). 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: TNMG income statement, TNMG balance sheet, TNMG key metrics, TNMG analyst forecast, TNMG chart. See the TNMG stock overview for the latest quote and news.