Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Mighty Kingdom Ltd ( (AU:FTI) ).
FortifAI Limited reported a strong financial position with a cash balance of $2.6 million and no debt as of September 2025. The company is actively expanding its business through new contracts and projects, including collaborations with Google Fitbit and East Side Games. FortifAI is focused on cost reduction and operational efficiencies, having reduced operating expenditures by 36% compared to the previous quarter. The company is also exploring AI strategies to enhance its offerings and drive growth, with anticipated rebates and tax incentives of $1.9 million expected in the next quarter.
More about Mighty Kingdom Ltd
FortifAI Limited operates in the technology industry, focusing on developing and expanding contracts for gaming and AI-based projects. The company collaborates with major players like Google Fitbit and East Side Games, delivering games such as ‘Power Rangers: Mighty Force’ and ‘Star Trek: Lower Decks’, and aims to leverage AI for business efficiencies.
Average Trading Volume: 164,826
Technical Sentiment Signal: Sell
Current Market Cap: A$25.67M
See more insights into FTI stock on TipRanks’ Stock Analysis page.