Mega Fortune Company Limited(MGRT)Earnings, Financials & Key Ratios
MGRT•NASDAQ
Price updated Jun 19, 2026
AboutMega Fortune Company Limited is an Internet of Things (IoT) solution provider based in Hong Kong. Through its subsidiary, QBS System, it offers a comprehensive portfolio of IoT integration, maintenance and support services, business process outsourcing, and trading solutions. The company focuses on helping enterprises in the Asia-Pacific region drive digital transformation, launch IoT initiatives, and upgrade legacy systems with new IoT technologies.Show more
- Revenue$3M+2.4%
- EBITDA$587K-1.8%
- Net Income$402K-25.2%
- EPS (Diluted)0.00-100.0%
- Gross Margin53.91%+37.3%
- EBITDA Margin17.64%-4.1%
- Operating Margin16.38%-3.7%
- Net Margin12.07%-26.9%
- ROE34.76%-55.7%
MGRT Key Insights
Mega Fortune Company Limited (MGRT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 61.5%
- ✓Momentum leader: RS Rating 99 (top 1%)
- ✓Share count reduced 100.0% through buybacks
- ✓Healthy 5Y average net margin of 12.4%
✗Weaknesses
- ✗Negative free cash flow
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MGRT Price & Volume
Mega Fortune Company Limited (MGRT) stock price & volume — 10-year historical chart
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MGRT Growth Metrics
Mega Fortune Company Limited (MGRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
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Profit CAGR
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EPS CAGR
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Return on Capital
10 Years34.86%
5 Years34.86%
3 Years34.86%
Last Year33.35%
MGRT Peer Comparison
Mega Fortune Company Limited (MGRT) competitors in iGaming and Emerging Tech (Blockchain, IoT) — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLPS | 27.8M | 0.99 | -3.82 | 15.17% | -1.27% | -6.06% | 0.59 | |
 AIXI | 3.31M | 6.26 | -0.04 | -82.47% | -140.37% | |||
 TAOP | 1.5M | 1.50 | -0.19 | -15.97% | -19.58% | -46.71% | 0.50 | |
 CNET | 3.27M | 1.00 | -1.49 | -70.11% | -33.27% | -28.25% | 0.04 | |
 GFAI | 8.93M | 0.41 | -0.77 | 0.18% | -32.94% | -69.69% | 0.08 | |
 BTBT | 706.64M | 2.17 | -7 | -30.65% | -146.01% | -0.11% | 0.16 | |
 BABA | 249.84B | 107.06 | 16.45 | 2.74% | 10.12% | 9.35% | 0.23 | |
 JD | 37.81B | 27.57 | 14.45 | 12.97% | 1.5% | 6.52% | 0.36 |
Compare MGRT vs Peers
Mega Fortune Company Limited (MGRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MGRT Income Statement
Mega Fortune Company Limited (MGRT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Sep'22 | Sep'23 | Sep'24 |
|---|---|---|---|
Sales/Revenue | 3.49M | 3.25M | 3.33M |
Revenue Growth % | - | -6.99% | 2.42% |
Cost of Goods Sold | 2.54M | 1.97M | 1.53M |
COGS % of Revenue | 72.63% | 60.74% | 46.09% |
Gross Profit | 955.78K▲ 0% | 1.27M▲ 33.4% | 1.79M▲ 40.6% |
Gross Margin % | 27.37% | 39.26% | 53.91% |
Gross Profit Growth % | - | 33.39% | 40.63% |
Operating Expenses | 684.76K | 722.36K | 1.25M |
OpEx % of Revenue | 19.61% | 22.24% | 37.52% |
Selling, General & Admin | 684.76K | 722.36K | 1.25M |
SG&A % of Revenue | 19.61% | 22.24% | 37.52% |
Research & Development | 0 | 0 | 0 |
R&D % of Revenue | - | - | - |
Other Operating Expenses | 0 | 0 | 0 |
Operating Income | 271.02K▲ 0% | 552.55K▲ 103.9% | 544.85K▼ 1.4% |
Operating Margin % | 7.76% | 17.01% | 16.38% |
Operating Income Growth % | - | 103.88% | -1.39% |
EBITDA | 318.12K | 597.36K | 586.79K |
EBITDA Margin % | 9.11% | 18.39% | 17.64% |
EBITDA Growth % | - | 87.78% | -1.77% |
D&A (Non-Cash Add-back) | 47.09K | 44.81K | 41.94K |
EBIT | 340.13K | 639.02K | 595.23K |
Net Interest Income | -20.07K | -20.96K | -19.43K |
Interest Income | 11 | 341 | 203 |
Interest Expense | 20.08K | 21.3K | 19.63K |
Other Income/Expense | 49.03K | 65.17K | 30.75K |
Pretax Income | 320.05K▲ 0% | 617.72K▲ 93.0% | 575.6K▼ 6.8% |
Pretax Margin % | 9.17% | 19.02% | 17.31% |
Income Tax | 24.37K | 81.16K | 174.06K |
Effective Tax Rate % | 7.61% | 13.14% | 30.24% |
Net Income | 295.68K▲ 0% | 536.55K▲ 81.5% | 401.53K▼ 25.2% |
Net Margin % | 8.47% | 16.52% | 12.07% |
Net Income Growth % | - | 81.46% | -25.16% |
Net Income (Continuing) | 295.68K | 536.55K | 401.53K |
Discontinued Operations | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 |
EPS (Diluted) | 0.02▲ 0% | 0.04▲ 81.4% | 0.00▼ 100.0% |
EPS Growth % | - | 81.4% | -100% |
EPS (Basic) | 0.02 | 0.04 | 0.00 |
Diluted Shares Outstanding | 13.75M | 13.75M | 0 |
Basic Shares Outstanding | 13.75M | 13.75M | 0 |
Dividend Payout Ratio | - | - | - |
MGRT Balance Sheet
Mega Fortune Company Limited (MGRT) balance sheet — assets, liabilities & shareholders' equity
| Metric | Sep'22 | Sep'23 | Sep'24 |
|---|---|---|---|
Total Current Assets | 2.29M | 2.22M | 2.73M |
Cash & Short-Term Investments | 941.53K | 619.57K | 371.92K |
Cash Only | 941.53K | 619.57K | 371.92K |
Short-Term Investments | 0 | 0 | 0 |
Accounts Receivable | 1.13M | 1.57M | 2.34M |
Days Sales Outstanding | 118.09 | 176.55 | 256.42 |
Inventory | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - |
Other Current Assets | 221.94K | 32.51K | 17.96K |
Total Non-Current Assets | 84.59K | 43.28K | 701.39K |
Property, Plant & Equipment | 75.19K | 32.3K | 110.66K |
Fixed Asset Turnover | 46.44x | 100.54x | 30.06x |
Goodwill | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 |
Long-Term Investments | 0 | 0 | 0 |
Other Non-Current Assets | 0 | 0 | 557.18K |
Total Assets | 2.38M▲ 0% | 2.27M▼ 4.7% | 3.43M▲ 51.3% |
Asset Turnover | 1.47x | 1.43x | 0.97x |
Asset Growth % | - | -4.69% | 51.27% |
Total Current Liabilities | 1.35M | 834.43K | 1.59M |
Accounts Payable | 380.24K | 78.06K | 21.36K |
Days Payables Outstanding | 54.73 | 14.44 | 5.09 |
Short-Term Debt | 272.77K | 109.08K | 71.31K |
Deferred Revenue (Current) | 228.44K | 60.26K | 22K |
Other Current Liabilities | 17K | 18.68K | 37.07K |
Current Ratio | 1.70x | 2.66x | 1.71x |
Quick Ratio | 1.70x | 2.66x | 1.71x |
Cash Conversion Cycle | - | - | - |
Total Non-Current Liabilities | 613.91K | 479.41K | 477.6K |
Long-Term Debt | 587.07K | 479.41K | 411.9K |
Capital Lease Obligations | 26.84K | 0 | 65.7K |
Deferred Tax Liabilities | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 |
Total Liabilities | 1.96M | 1.31M | 2.07M |
Total Debt | 925.32K | 615.4K | 585.36K |
Net Debt | -16.21K | -4.17K | 213.44K |
Debt / Equity | 2.23x | 0.65x | 0.43x |
Debt / EBITDA | 2.91x | 1.03x | 1.00x |
Net Debt / EBITDA | -0.05x | -0.01x | 0.36x |
Interest Coverage | 13.50x | 25.94x | 27.76x |
Total Equity | 415.18K▲ 0% | 952.51K▲ 129.4% | 1.36M▲ 42.6% |
Equity Growth % | - | 129.42% | 42.57% |
Book Value per Share | 0.03 | 0.07 | - |
Total Shareholders' Equity | 415.18K | 952.51K | 1.36M |
Common Stock | 10 | 10 | 10 |
Retained Earnings | 409.66K | 946.22K | 1.35M |
Treasury Stock | 0 | 0 | 0 |
Accumulated OCI | 5.5K | 6.28K | 10.25K |
Minority Interest | 0 | 0 | 0 |
MGRT Cash Flow Statement
Mega Fortune Company Limited (MGRT) cash flow — operating, investing & free cash flow history
| Metric | Sep'22 | Sep'23 | Sep'24 |
|---|---|---|---|
Cash from Operations | 101.96K | -32.72K | -99.79K |
Operating CF Margin % | 2.92% | -1.01% | -3% |
Operating CF Growth % | - | -132.09% | -204.96% |
Net Income | 295.68K | 536.55K | 401.53K |
Depreciation & Amortization | 47.09K | 44.81K | 41.94K |
Stock-Based Compensation | 0 | 0 | 0 |
Deferred Taxes | -30 | -1.55K | -23.3K |
Other Non-Cash Items | -7.87K | 5.32K | 143.88K |
Working Capital Changes | -232.91K | -617.86K | -663.84K |
Change in Receivables | -388.77K | -508.5K | -959.51K |
Change in Inventory | 0 | 0 | 0 |
Change in Payables | 289.06K | -303.09K | -57K |
Cash from Investing | -2.83K | -1.74K | -771 |
Capital Expenditures | -2.83K | -1.74K | -7.36K |
CapEx % of Revenue | 0.08% | 0.05% | 0.22% |
Acquisitions | 0 | 0 | -148 |
Investments | - | - | - |
Other Investing | 0 | 0 | 6.74K |
Cash from Financing | 281.77K | -289.68K | -146.84K |
Debt Issued (Net) | 122.73K | -273.43K | -109.34K |
Equity Issued (Net) | 0 | 0 | 0 |
Dividends Paid | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 |
Other Financing | 159.04K | -16.25K | -37.51K |
Net Change in Cash | 387.41K▲ 0% | -321.96K▼ 183.1% | -247.65K▲ 23.1% |
Free Cash Flow | 99.14K▲ 0% | -34.46K▼ 134.8% | -107.15K▼ 210.9% |
FCF Margin % | 2.84% | -1.06% | -3.22% |
FCF Growth % | - | -134.76% | -210.94% |
FCF per Share | 0.01 | -0.00 | - |
FCF Conversion (FCF/Net Income) | 0.34x | -0.06x | -0.25x |
Interest Paid | 20.08K | 21.3K | 19.63K |
Taxes Paid | 122.97K | 0 | 3.38K |
MGRT Key Ratios
Mega Fortune Company Limited (MGRT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
Return on Equity (ROE) | 71.22% | 78.46% | 34.76% |
Return on Invested Capital (ROIC) | 50.95% | 61.52% | 32.43% |
Gross Margin | 27.37% | 39.26% | 53.91% |
Net Margin | 8.47% | 16.52% | 12.07% |
Debt / Equity | 2.23x | 0.65x | 0.43x |
Interest Coverage | 13.50x | 25.94x | 27.76x |
FCF Conversion | 0.34x | -0.06x | -0.25x |
Revenue Growth | - | -6.99% | 2.42% |
Related:MGRT Dividend History·MGRT Revenue History·MGRT Price History·MGRT P/E History·MGRT Financial Ratios·MGRT Institutional Holders
MGRT Frequently Asked Questions
Mega Fortune Company Limited (MGRT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Mega Fortune Company Limited (MGRT) reported $3.3M in revenue for fiscal year 2024. This represents a 5% decrease from $3.5M in 2022.
Mega Fortune Company Limited (MGRT) grew revenue by 2.4% over the past year. Growth has been modest.
Yes, Mega Fortune Company Limited (MGRT) is profitable, generating $0.4M in net income for fiscal year 2024 (12.1% net margin).
Dividend & Returns
Mega Fortune Company Limited (MGRT) has a return on equity (ROE) of 34.8%. This is excellent, indicating efficient use of shareholder capital.
Mega Fortune Company Limited (MGRT) had negative free cash flow of $0.1M in fiscal year 2024, likely due to heavy capital investments.