Fortifai Ltd

Communication Services AU FTI

0.4AUD
-0.05(11.11%)

Last update at 2026-03-11T05:10:00Z

Day Range

0.390.43
LowHigh

52 Week Range

0.020.52
LowHigh

Fundamentals

  • Previous Close 0.45
  • Market Cap139.49M
  • Volume247021
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-0.55119M
  • Revenue TTM3.01M
  • Revenue Per Share TTM0.03
  • Gross Profit TTM 2.49M
  • Diluted EPS TTM-0.01

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax -1.99048M -6.99186M -10.61021M -12.82178M -8.15985M
Minority interest - - - - -
Net income -1.99048M -6.99186M -9.09363M -10.86199M -7.14560M
Selling general administrative 7.44M 2.16M 2.24M 1.91M 1.14M
Selling and marketing expenses - 9.73M 0.04M 0.11M 0.12M
Gross profit - 4.38M -9.44388M -10.28894M -5.81463M
Reconciled depreciation - - - - -
Ebit - -6.80406M -10.57846M -12.74729M -7.98877M
Ebitda - -6.33452M -9.91920M -12.13815M -7.78472M
Depreciation and amortization - 0.47M 0.66M 0.61M 0.20M
Non operating income net other - - - - -
Operating income -1.86860M -6.84676M -11.73183M -13.28600M -9.66735M
Other operating expenses - 11.95M 18.66M 18.18M 12.95M
Interest expense - 0.19M 0.03M 0.07M 0.17M
Tax provision 0.00000M 0.00000M 0.22M 0.49M -
Interest income 0.12M 0.15M 0.02M 0.07M -
Net interest income - - - - -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - -1.51658M -1.95979M -1.01425M
Total revenue 4.33M 5.10M 6.93M 4.90M 3.28M
Total operating expenses 6.20M 2.82M 2.29M 3.00M 3.85M
Cost of revenue - 0.72M 16.38M 15.19M 9.09M
Total other income expense net - -0.14510M 1.13M 0.46M 2.46M
Discontinued operations - - - - -
Net income from continuing ops - - - - -
Net income applicable to common shares -1.99048M -6.99186M -9.09363M -10.86199M -
Preferred stock and other adjustments - - - - -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 5.81M 6.56M 8.57M 10.58M 19.06M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 0.00045M 0.00045M 0.27M 0.38M 2.02M
Total liab 1.32M 3.63M 5.31M 5.29M 7.16M
Total stockholder equity 4.50M 2.93M 3.25M 5.29M 11.90M
Deferred long term liab - - - - -
Other current liab - - - - 3.07M
Common stock 41.19M 40.43M 35.21M 28.46M 24.22M
Capital stock - - - - -
Retained earnings -36.69319M -37.49866M -31.95790M -23.17750M -13.83938M
Other liab - - - - -
Good will - - - - -
Other assets - - - 0.15M -
Cash 3.03M 3.37M 0.30M 3.75M 13.55M
Cash and equivalents - - - - -
Total current liabilities 1.27M 3.43M 4.47M 4.27M 4.12M
Current deferred revenue - - - - 0.00528M
Net debt - - - - -12.07100M
Short term debt 0.00000M 0.00000M 0.00000M 0.00000M 0.40M
Short long term debt - - - - -
Short long term debt total - - - - 1.48M
Other stockholder equity - - - - -
Property plant equipment 0.04M 0.14M 0.80M 1.47M -
Total current assets 5.77M 6.42M 7.77M 8.96M 16.24M
Long term investments - - - - -
Net tangible assets - - - - -
Short term investments - - - - -
Net receivables 2.66M 2.63M 6.76M 1.34M 1.49M
Long term debt - - - 0.00000M -
Inventory - - - - -
Accounts payable - - - - 0.50M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - 1.52M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total - - - - 2.81M
Capital lease obligations - - - - -
Long term debt total 0.00000M 0.00000M 0.00000M 0.23M -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments - - - - -
Change to liabilities - - - - -
Total cashflows from investing activities -0.00407M 0.09M -0.02154M -0.71656M -0.21409M
Net borrowings - - - - -
Total cash from financing activities 3.46M 8.58M 3.93M 3.63M 19.88M
Change to operating activities - - - - -
Net income -1.99048M -6.99186M -9.09363M -10.86199M -7.14560M
Change in cash -0.33171M 3.06M -3.45268M -9.79857M 13.47M
Begin period cash flow 3.37M 0.30M 3.75M 13.55M 0.08M
End period cash flow 3.03M 3.37M 0.30M 3.75M 13.55M
Total cash from operating activities -3.78484M -5.60398M -7.36064M -12.71040M -6.07034M
Issuance of capital stock - - - - -
Depreciation 0.06M 0.47M 0.66M 0.61M 0.20M
Other cashflows from investing activities - 0.11M - - -
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables 0.00434M 1.99M -0.17402M -2.23631M -0.46940M
Sale purchase of stock - 9.34M -0.30703M -0.26876M -1.37198M
Other cashflows from financing activities 3.52M -0.26494M -0.45547M -0.43697M -0.50554M
Change to netincome - - - - -
Capital expenditures 0.00407M 0.01M 0.02M 0.72M 0.21M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.09826M 1.70M 0.51M -3.00317M -0.59270M
Stock based compensation 0.04M 0.10M 0.31M - 1.52M
Other non cash items -1.79881M -0.87936M 0.03M 4.00M 0.14M
Free cash flow -3.78891M -5.61710M -7.38218M -13.42696M -6.28442M

Peer Comparison

Sector: Communication Services Industry: Electronic Gaming & Multimedia

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FTI
Fortifai Ltd
-0.05 11.11% 0.40 - - 46.28 35.30 52.14 -1.3508
PLY
Playside Studios Ltd
-0.015 5.36% 0.27 - 15.27 3.24 2.23 2.74 18.67
ICI
Icandy Interactive Ltd
- -% 0.02 - - 0.81 0.31 0.84 3.42
SP8
Streamplay Studio Ltd
- -% 0.01 - - 1.04 0.93 0.38 3.05

Reports Covered

Stock Research & News

Profile

Fortifai Limited develops video games in Australia. It develops video games for consoles, PC, and mobile platforms and makes them available for customers through different app stores. The company was formerly known as Mighty Kingdom Limited and changed its name to Fortifai Limited in June 2025. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

Fortifai Ltd

10 Shelley Street, Sydney, NSW, Australia, 2000

Key Executives

Name Title Year Born
Mr. Dylan Miklashek Chief Executive Officer NA
Ms. Emilie Poissenot Chief Creative Officer & Head of Gaming NA
Ms. Katelyn Marie Adams B.Com., C.A. Company Secretary NA
Mr. Andrew Scott Cole B.S. Finance Director & Executive Director NA
Mr. Dylan Miklashek Studio Director NA

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