Mighty Kingdom Ltd (FTI) Price & Analysis

FTI Stock Chart & Stats

A$0.28A$0.00(0.00%)

At close: Oct 30 4:00 PM EDT

Day’s Range: AUD 0.26 - AUD 0.30
52-Week Range: AUD 0.15 - AUD 1.26
Previous Close: AUD 0.28
Volume: 593.22K
Average Volume (3M): 1.24M
Market Cap: AUD 97.01M
Enterprise Value: AUD 236.82M
Total Cash (Recent Filing): AUD 20.35M
Total Debt (Recent Filing): AUD 604.27K
Price to Earnings (P/E): ―
Beta: 0.63
Next Earnings: Mar 04, 2027
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Low Leverage

Very low leverage reduces immediate financial risk and limits interest-related pressure on the business. This gives Mighty Kingdom more balance-sheet flexibility than a highly indebted developer, although continued losses could gradually erode that cushion.

Flexible Revenue Model

Combining contracted development services with selectively owned or co-owned game IP creates two potential revenue pathways. Client work can provide project-based income, while successful proprietary titles may offer royalties, sales, or longer-term upside.

Improving Cash Burn

The improvement in free cash flow indicates some progress in reducing the pace of cash consumption, which could extend funding runway if maintained. However, the business remains cash-flow negative, so this is an incremental positive rather than evidence of self-funding operations.

Bears Say

Persistent Unprofitability

Deeply negative margins show that current revenue does not support the company’s cost base, making profitability structurally weak rather than merely cyclical. Continued losses can constrain investment, weaken the capital base, and increase dependence on external funding.

Revenue Contraction

A material revenue decline reduces operating leverage and makes fixed development costs harder to absorb. Combined with prior volatility, the contraction signals an unstable top line that may limit the company’s ability to build durable earnings power over coming quarters.

Ongoing Cash Burn

Recurring negative operating and free cash flow means the business is not currently funding itself through operations. Reliance on existing reserves or external funding can restrict strategic flexibility and leaves less financial capacity to absorb further weak results.

Mighty Kingdom Ltd News

FortifAI fast-tracks NOL8 rollout as testing validates AI data engine

Mighty Kingdom Ltd ( ($AU:FTI) ) has provided an update. FortifAI has accelerated the commercial rollout of its NOL8 AI Data Plane, launching Version 2.0 ahead of schedule as a

2d agoFTI 9UQ0

FortifAI to Release 1.32 Million Director Shares From Voluntary Escrow

The latest announcement is out from Mighty Kingdom Ltd ( ($AU:FTI) ). FortifAI Limited has announced that 1,320,000 ordinary fully paid shares, previously issued to directors in lieu of fees,

1w agoFTI 9UQ0

FortifAI Fast-Tracks Commercial Launch of NOL8 AI Data Plane on AWS, Megaport and Equinix

Mighty Kingdom Ltd ( ($AU:FTI) ) has issued an announcement. FortifAI Limited has launched Version 2.0 of its NOL8 AI Data Plane, a production-ready, revenue-focused platform for enterprise AI workloads

1w agoFTI 9UQ0

FortifAI Sets November AGM to Vote on Remuneration and Director Re‑election

An announcement from Mighty Kingdom Ltd ( ($AU:FTI) ) is now available. FortifAI Limited has called its annual general meeting for 18 November 2026 in Sydney, where shareholders will review

1w agoFTI 9UQ0

FortifAI’s NOL8 Verified to Outperform Google RE2 on Data Economics

The latest announcement is out from Mighty Kingdom Ltd ( ($AU:FTI) ). FortifAI Limited has announced independent third-party verification showing its NOL8 AI Data Plane significantly outperforms Google’s RE2 engine

2w agoFTI 9UQ0

Fortifai Issues Over 2.1 Million Performance Rights Under Employee Incentive Plan

An announcement from Mighty Kingdom Ltd ( ($AU:FTI) ) is now available. Fortifai Ltd has notified the market of the issuance of 2,171,117 unquoted performance rights under its employee incentive

3w agoFTI 9UQ0

FortifAI’s NOL8 AI Data Plane plugs into Equinix Fabric for enterprise AI data control

Mighty Kingdom Ltd ( ($AU:FTI) ) has shared an update. FortifAI’s NOL8 AI Data Plane has been made available on Equinix Fabric, extending its data control technology across Equinix’s Connected

1M agoFTI 9UQ0

FortifAI Issues New Shares to Support AI-Focused Growth

Mighty Kingdom Ltd ( ($AU:FTI) ) has issued an announcement. FortifAI Limited has issued 1,957,988 fully paid ordinary shares without a prospectus disclosure, relying on provisions of the Corporations Act

1M agoFTI 9UQ0

Fortifai Updates Market on Director Shannon Robinson’s Expanded Equity Incentives

Mighty Kingdom Ltd ( ($AU:FTI) ) has shared an update. Fortifai Limited has updated the market on changes to director Shannon Robinson’s indirect interests in the company’s securities, which are

1M agoFTI 9UQ0

Fortifai Seeks ASX Quotation for 1.5 Million New Shares

Mighty Kingdom Ltd ( ($AU:FTI) ) has provided an update. Fortifai Ltd has lodged an application with the ASX for the quotation of 1,500,000 ordinary fully paid shares under its

1M agoFTI 9UQ0

FTI FAQ

What was Mighty Kingdom Ltd’s price range in the past 12 months?

Mighty Kingdom Ltd lowest share price was AU$0.15 and its highest was AU$1.26 in the past 12 months.

What is Mighty Kingdom Ltd’s market cap?

Mighty Kingdom Ltd’s market cap is AU$97.01M.

When is Mighty Kingdom Ltd’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Mighty Kingdom Ltd’s earnings last quarter?

Mighty Kingdom Ltd released its earnings results on Aug 31, 2026. The company reported -AU$0.128 earnings per share for the quarter.

Is Mighty Kingdom Ltd overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Mighty Kingdom Ltd pay dividends?

Mighty Kingdom Ltd does not currently pay dividends.

What is Mighty Kingdom Ltd’s EPS estimate?

Mighty Kingdom Ltd’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Mighty Kingdom Ltd have?

Mighty Kingdom Ltd has 346,461,550 shares outstanding.

What happened to Mighty Kingdom Ltd’s price movement after its last earnings report?

Mighty Kingdom Ltd reported an EPS of -AU$0.128 in its last earnings report. Following the earnings report the stock price went down -5.263%.

Which hedge fund is a major shareholder of Mighty Kingdom Ltd?

Currently, no hedge funds are holding shares in AU:FTI

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Mighty Kingdom Ltd Stock Smart Score

Neutral

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