The company reports a 63.41% year-over-year revenue decline alongside a deeply negative operating margin of -2233.64%, indicating a severe disconnect between corporate overhead and actual business traction.
| Metric | Jun'24 | Jun'23 | Jun'22 |
|---|
| Sales/Revenue | 562.31K | 1.54M | 940.8K |
| Revenue Growth % | -63.41% | 63.35% | - |
| Cost of Goods Sold | 160.58K | 229.85K | 342.6K |
| COGS % of Revenue | 28.56% | 14.96% | 36.42% |
| Gross Profit | 401.73K | 1.31M | 598.2K |
| Gross Margin % | 71.44% | 85.04% | 63.58% |
| Gross Profit Growth % | -69.26% | 118.48% | - |
| Operating Expenses | 12.96M | 8.54M | 10.78M |
| OpEx % of Revenue | 2305.08% | 555.89% | 1145.33% |
| Selling, General & Admin | 12.44M | 8.18M | 10.51M |
| SG&A % of Revenue | 2212.48% | 532.46% | 1117.62% |
| Research & Development | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - |
| Other Operating Expenses | 520.7K | 360.02K | 260.65K |
| Operating Income | -12.56M | -7.24M | -10.18M |
| Operating Margin % | -2233.64% | -470.85% | -1081.74% |
| Operating Income Growth % | -73.58% | 28.9% | - |
| EBITDA | -12.04M | -6.88M | -9.92M |
| EBITDA Margin % | -2141.04% | -447.42% | -1054.04% |
| EBITDA Growth % | -75.09% | 30.66% | - |
| D&A (Non-Cash Add-back) | 520.7K | 360.02K | 260.65K |
| EBIT | -11.16M | -16.14M | -9.01M |
| Net Interest Income | -3.26M | -4.47M | -2.19M |
| Interest Income | 0 | 0 | 0 |
| Interest Expense | 3.25M | 4.46M | 2.19M |
| Other Income/Expense | -1.85M | -13.36M | -1.02M |
| Pretax Income | -14.41M | -20.6M | -11.2M |
| Pretax Margin % | -2562.34% | -1340.27% | -1190.2% |
| Income Tax | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% |
| Net Income | -14.41M | -20.6M | -11.2M |
| Net Margin % | -2562.34% | -1340.27% | -1190.2% |
| Net Income Growth % | 30.05% | -83.95% | - |
| Net Income (Continuing) | -14.41M | -20.6M | -11.2M |
| Discontinued Operations | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| EPS (Diluted) | -1.40 | -2.01 | -1.09 |
| EPS Growth % | 30.35% | -84.4% | - |
| EPS (Basic) | -1.40 | -2.01 | -1.09 |
| Diluted Shares Outstanding | 10.27M | 10.27M | 10.27M |
| Basic Shares Outstanding | 10.27M | 10.27M | 10.27M |
| Dividend Payout Ratio | - | - | - |
Liquidity and operational viability
As indicated by recent financial disclosures, the company experienced a severe 63.41% year-over-year revenue decline, suggesting that the current business model is failing to gain traction or retain essential gym partnerships necessary to sustain its specialized combat sports training programs across its core markets.
The precipitous drop in top-line performance implies that the company's transition toward a global footprint has not yet yielded the expected scale. Investors should monitor whether this decline reflects a structural loss of the UFC Fit partnership or merely a cyclical downturn in discretionary fitness spending.
While the company reports a robust 71.44% gross margin, this figure appears decoupled from operational reality, as the firm struggles to convert its digital and training curriculum delivery into a sustainable profit stream amidst a backdrop of significant, persistent operating losses.
The high gross margin suggests that the direct costs of service delivery are minimal, yet the inability to achieve profitability indicates that the underlying platform costs are not being adequately amortized. This disparity warrants further investigation into whether the company's cost structure is fundamentally misaligned with its current revenue scale.
Based on reported figures, the company maintains an operating margin of -2233.64%, which highlights a massive disconnect between its corporate infrastructure costs and the actual revenue generated, suggesting that the current organizational size is far too heavy for the business's present stage of development.
The extreme operating losses imply that G&A and marketing expenses are not scaling with revenue, effectively consuming the company's capital base. Without a significant increase in user density per partner gym, the current operating model appears to be structurally incapable of reaching a break-even point.
According to recent filings, the company holds $3.5 million in cash, yet the combination of a 63% revenue decline and deep negative operating margins suggests that this liquidity buffer may be insufficient to support the current global infrastructure for an extended period of time.
Short-term survival appears to depend on an immediate and drastic pivot in revenue generation or a significant reduction in fixed overhead. Investors should be wary of the potential for future capital raises, which could lead to substantial dilution given the current lack of operational momentum.
Quick answers to the most common questions about buying MMA stock.
For fiscal year 2024, Mixed Martial Arts Group Limited (MMA) reported total revenue of $0.6M. This represents a 40.2% decline compared to $0.9M in 2022.
Mixed Martial Arts Group Limited (MMA) reported a net loss of $14.4M for the fiscal year ending 2024.
Mixed Martial Arts Group Limited (MMA) reported an operating income of $-12.6M, resulting in an operating profit margin of -2233.6%. This margin reflects the operational efficiency of the business before interest and taxes.
Mixed Martial Arts Group Limited (MMA) generated $0.4M in gross profit for the year, representing a gross profit margin of 71.4%. This demonstrates the company's core pricing power and production efficiency.