NFT Limited (MI) Income Statement
MI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMI revenue and net income
Where MI's revenue goes
2025Each bar shows an amount and its share of revenue. MI kept −187.7% of revenue as net income.
MI profit margins
MI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.0% | −40.3% | — | — |
| Gross profit | −2.7% | −41.2% | — | — |
| Operating income | — | — | — | — |
| Net income | −121.6% | — | — | — |
| EPS (diluted) | −597.4% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MI quarterly EPS vs estimates
NFT beat the analyst EPS estimate in 3 of the last 4 quarters.
MI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $725,781 | $740,701 | $2.2M | $3.4M | $120,000 | $0 | $3.2M | $8.5M | $12.9M | $19.1M |
| Cost of revenue | $192,048 | $192,048 | $556,590 | $782,790 | $117 | $5,229 | $2.0M | $2.8M | $1.2M | $1.1M |
| Gross profit | $533,733 | $548,653 | $1.6M | $2.6M | $119,883 | −$5,229 | $1.2M | $5.7M | $11.7M | $18.0M |
| Research & development | — | — | — | — | — | $0 | $28,111 | $383,802 | — | — |
| Sales, general & admin | $1.6M | $1.5M | $2.5M | $2.7M | $13.4M | $782,509 | $4.6M | — | — | — |
| Total operating expenses | $1.6M | $1.5M | $2.5M | $2.7M | $13.3M | $787,738 | $266,350 | $12.0M | $13.5M | $9.6M |
| Operating income | −$1.1M | −$906,266 | −$876,675 | −$9.4M | −$13.5M | −$787,738 | −$266,350 | −$6.3M | −$1.8M | $8.4M |
| Interest income | — | $227,468 | $1.0M | — | $0 | — | — | — | — | — |
| Interest expense | $271,876 | $0 | $0 | $786 | — | $163,401 | $57,474 | $573,765 | $600,819 | $202,376 |
| Income before taxes | −$1.3M | $6.0M | −$1.6M | −$9.4M | −$13.5M | −$770,073 | −$4.0M | −$8.1M | −$718,719 | $8.1M |
| Income taxes | $15,598 | −$335,748 | $94,947 | $255,805 | $16.8M | −$168,434 | $73,269 | −$479,901 | $342,856 | $1.8M |
| Net income | −$1.4M | $6.3M | $5.2M | −$10.4M | −$30.1M | −$612,638 | −$4.1M | −$7.6M | −$1.1M | $6.4M |
| EBITDA | −$1.1M | $6.0M | −$875,280 | −$9.4M | −$13.4M | −$782,509 | −$3.4M | −$6.6M | $624,370 | $9.0M |
| EPS (diluted) | −$7.61 | $1.53 | $8.92 | −$0.66 | −$1.04 | −$0.49 | −$1.04 | −$1174.66 | −$107.12 | $28.28 |
| Gross margin | 73.5% | 74.1% | 74.2% | 77.0% | 99.9% | — | 37.0% | 66.6% | 90.3% | 94.1% |
| Operating margin | −148.1% | −122.4% | −40.7% | −275.7% | −11,232.3% | — | −8.4% | −74.2% | −14.2% | 44.1% |
| Net margin | −187.7% | 850.1% | 241.6% | −304.2% | −25,061.3% | — | −129.0% | −89.8% | −8.2% | 33.3% |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $112,014 | $408,815 | $316,966 | $158,483 | $345,752 | $172,876 | $394,950 | $197,475 | $878,998 | $439,499 | $1.3M | $699,741 |
| Cost of revenue | $96,024 | $96,024 | $96,024 | $48,012 | $96,024 | $48,012 | $96,024 | $48,012 | $255,330 | $127,665 | $301,260 | $150,930 |
| Gross profit | $15,990 | $312,791 | $220,942 | $110,471 | $249,728 | $124,864 | $298,926 | $149,463 | $623,668 | $311,834 | $973,258 | $548,811 |
| Sales, general & admin | $589,917 | $704,213 | $904,316 | $396,549 | $560,106 | $327,618 | $799,684 | $399,842 | $1.1M | $543,772 | $1.4M | $656,995 |
| Total operating expenses | $589,917 | $704,213 | $904,316 | $396,549 | $560,106 | $327,618 | $799,684 | $399,842 | $1.1M | $543,772 | $1.4M | $657,343 |
| Operating income | −$573,927 | −$391,422 | −$683,374 | −$286,078 | −$310,378 | −$202,754 | −$500,758 | −$250,379 | −$463,876 | −$231,938 | −$413,145 | −$108,532 |
| Interest income | — | — | $118,910 | — | $227,470 | — | — | — | $1.0M | — | — | — |
| Interest expense | — | $152,969 | $118,907 | $59,454 | $926 | $463 | — | — | — | — | — | — |
| Income before taxes | −$473,690 | −$544,391 | −$802,281 | −$401,141 | −$333,732 | −$166,866 | $6.3M | $3.1M | −$1.6M | −$795,734 | −$25,134 | −$15,267 |
| Income taxes | — | $6,941 | $8,657 | $4,329 | −$344,246 | $172,123 | $8,498 | $4,249 | $32,636 | $16,318 | $62,311 | $26,352 |
| Net income | −$473,690 | −$551,332 | −$810,938 | −$405,469 | $10,514 | $5,257 | $6.3M | $3.1M | −$1.6M | −$781,705 | $6.8M | −$50,602 |
| EBITDA | −$573,927 | −$391,422 | −$683,374 | — | −$333,732 | $4,250 | $4,250 | $4,250 | −$463,180 | −$231,590 | −$394,655 | −$99,287 |
| EPS (diluted) | — | — | −$0.16 | $0.00 | — | $2.83 | — | — | — | $0.00 | $0.19 | −$0.00 |
| Gross margin | 14.3% | 76.5% | 69.7% | 69.7% | 72.2% | 72.2% | 75.7% | 75.7% | 71.0% | 71.0% | 76.4% | 78.4% |
| Operating margin | −512.4% | −95.7% | −215.6% | −180.5% | −89.8% | −117.3% | −126.8% | −126.8% | −52.8% | −52.8% | −32.4% | −15.5% |
| Net margin | −422.9% | −134.9% | −255.8% | −255.8% | 3.0% | 3.0% | 1,591.6% | 1,591.6% | −177.9% | −177.9% | 530.9% | −7.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MI's financial statements (latest annual report filed May 1, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MI financial results
In fiscal year 2025 (ended December 31, 2025), NFT reported revenue of $0.7 million, down 2.0% from the year before. It had a net loss of $1.4 million, a net profit margin of −187.7%. Diluted earnings per share came to −$7.61.
See the MI stock overview for the latest quote and news, or the MI chart for price history and technical indicators.
MI income statement FAQ
What is NFT's annual revenue?
NFT reported total revenue of $0.7 million for fiscal year 2025, which ended on December 31, 2025. That was down 2.0% from $0.7 million the previous year.
Is NFT profitable?
No. NFT reported a net loss of $1.4 million in fiscal 2025, a net profit margin of −187.7%; its operating margin was −148.1%.
What is NFT's gross margin?
NFT's gross margin was 73.5% in fiscal 2025: for every $100 of revenue, NFT kept $74 after the direct cost of its products and services.
What are NFT's earnings per share?
NFT earned $-7.61 per diluted share in fiscal 2025, compared with $1.53 a year earlier.
When does NFT's fiscal year end?
NFT's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on May 1, 2026.