Kandal M Venture Limited (FMFC) Income Statement
FMFC FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsFMFC revenue and net income
Where FMFC's revenue goes
FY2026Each bar shows an amount and its share of revenue. FMFC kept 1.4% of revenue as net income.
FMFC profit margins
FMFC growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.3% | +8.3% | — | — |
| Gross profit | −3.4% | +4.9% | — | — |
| Operating income | −14.1% | −31.2% | — | — |
| Net income | +12.4% | −31.9% | — | — |
| EPS (diluted) | +13.0% | +118.3% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FMFC income statement
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | $17.1M | $17.2M | $14.0M | $13.5M |
| Cost of revenue | $13.9M | $13.8M | $10.6M | $10.7M |
| Gross profit | $3.2M | $3.4M | $3.4M | $2.8M |
| Sales, general & admin | $2.9M | $3.0M | $1.9M | $1.8M |
| Total operating expenses | $2.9M | $3.0M | $1.9M | $1.8M |
| Operating income | $322,220 | $374,917 | $1.5M | $989,330 |
| Interest income | $234,667 | $370,705 | $165,368 | $13,883 |
| Interest expense | $134,894 | $582,013 | $403,723 | $187,442 |
| Income before taxes | $430,405 | $228,954 | $1.3M | $855,308 |
| Income taxes | $194,780 | $19,281 | $178,101 | $110,809 |
| Net income | $235,625 | $209,673 | $1.1M | $744,499 |
| EBITDA | $833,869 | $1.1M | $2.0M | $1.4M |
| EPS (diluted) | $0.52 | $0.46 | $0.07 | $0.05 |
| Gross margin | 18.9% | 19.5% | 24.1% | 20.9% |
| Operating margin | 1.9% | 2.2% | 10.6% | 7.3% |
| Net margin | 1.4% | 1.2% | 8.0% | 5.5% |
| Jun '26 | Dec '25 | Sep '25 | Jun '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.2M | $4.6M | $7.9M | $0 | $3.8M | $4.8M | $4.8M | $3.0M | $3.0M |
| Cost of revenue | $7.5M | $3.7M | $6.4M | −$3.8M | $3.3M | $3.6M | $3.6M | $2.2M | $2.2M |
| Gross profit | $1.7M | $889,778 | $1.5M | −$854,677 | $545,257 | $1.1M | $1.1M | $749,382 | $749,382 |
| Sales, general & admin | — | $823,514 | — | $588,127 | $829,952 | $661,193 | $661,193 | $458,512 | $458,512 |
| Total operating expenses | $1.6M | $823,515 | $1.3M | −$788,414 | $829,951 | $661,193 | $661,193 | $458,513 | $458,513 |
| Operating income | $132,527 | $66,263 | $189,693 | $94,847 | −$284,694 | $472,153 | $472,153 | $290,869 | $290,869 |
| Interest expense | $36,663 | — | $98,231 | $251,234 | — | $330,779 | — | $277,754 | $97,512 |
| Income before taxes | $207,746 | $103,873 | $222,659 | −$103,873 | −$312,518 | $426,995 | $426,995 | $208,611 | $208,611 |
| Income taxes | $140,976 | $70,488 | $53,804 | −$70,488 | −$91,544 | $101,185 | $101,185 | $31,423 | $31,423 |
| Net income | $66,770 | $33,385 | $168,855 | −$33,385 | −$220,974 | $325,811 | $325,811 | $177,188 | $177,188 |
| EBITDA | $269,888 | $134,943 | $320,902 | $108,136 | −$236,447 | $520,719 | $520,719 | $348,805 | $348,805 |
| Gross margin | 18.7% | 19.3% | 18.7% | — | 14.2% | 23.8% | 23.8% | 25.1% | 25.1% |
| Operating margin | 1.4% | 1.4% | 2.4% | — | −7.4% | 9.9% | 9.9% | 9.8% | 9.8% |
| Net margin | 0.7% | 0.7% | 2.1% | — | −5.8% | 6.8% | 6.8% | 5.9% | 5.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FMFC's financial statements (latest annual report filed July 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FMFC financial results
In fiscal year 2026 (ended March 31, 2026), Kandal M Venture reported revenue of $17.1 million, down 0.3% from the year before. It had net income of $0.2 million (up 12.4%), a net profit margin of 1.4%. Diluted earnings per share came to $0.52.
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FMFC income statement FAQ
What is Kandal M Venture's annual revenue?
Kandal M Venture reported total revenue of $17.1 million for fiscal year 2026, which ended on March 31, 2026. That was down 0.3% from $17.2 million the previous year.
Is Kandal M Venture profitable?
Yes. Kandal M Venture reported net income of $0.2 million in fiscal 2026, a net profit margin of 1.4%; its operating margin was 1.9%.
What is Kandal M Venture's gross margin?
Kandal M Venture's gross margin was 18.9% in fiscal 2026: for every $100 of revenue, Kandal M Venture kept $19 after the direct cost of its products and services.
What are Kandal M Venture's earnings per share?
Kandal M Venture earned $0.52 per diluted share in fiscal 2026, compared with $0.46 a year earlier.
When does Kandal M Venture's fiscal year end?
Kandal M Venture's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on July 30, 2026.