mF International Limited (MFI) reported HK$33.82M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 29.7% from the year before.

Yes. mF International Limited earned HK$78.74M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 232.8%.

How much cash and debt does MFI have?

mF International Limited reported HK$223.41M in cash and cash equivalents and HK$1.44M of debt on its most recent balance sheet in SEC filings.

How fast is MFI revenue growing?

mF International Limited's revenue changed +29.7% in fiscal 2025, to HK$33.82M.

What is MFI gross margin?

mF International Limited's gross profit was HK$10.02M on HK$33.82M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 29.6%.

What is MFI free cash flow?

mF International Limited generated -HK$16.02M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -HK$15.87M less capital expenditures.

When did MFI last report financial results?

The latest statements here come from mF International Limited's 20-F filed on Jun 29, 2026, covering the period ended Dec 31, 2025.

Financials · MFI

mF International Limited (MFI) financials

For fiscal 2025 (ended Dec 31, 2025), mF International Limited reported HK$33.82M of revenue and HK$78.74M of net income. Figures are in HKD, the currency of its SEC filings.

Revenue, FY2025: HK$33.82M
Revenue growth, YoY: +29.7%
Net income, FY2025: HK$78.74M
Net margin: 232.8%
Free cash flow, FY2025: -HK$16.02M
Cash: HK$223.41M
Total debt: HK$1.44M

Annual revenueHK$33.82M

FY2021FY2025

Annual net incomeHK$78.74M

FY2021FY2025

Annual free cash flow-HK$16.02M

FY2021FY2025

MFI revenue and earnings growth

MFI revenueFY2025HK$33.82M

FY YoY: +29.7%

MFI revenue was HK$33.82M for fiscal 2025 (ended Dec 31, 2025), up 29.7% from fiscal 2024. It rose in 2 of the last 4 fiscal years.

MFI net incomeFY2025HK$78.74M

MFI net income was HK$78.74M for fiscal 2025 (ended Dec 31, 2025), compared with -HK$20.21M in fiscal 2024. Fiscal 2025 is the highest of the 5 fiscal years on file.

MFI EPSFY2024-HK$1.59

MFI diluted EPS was -HK$1.59 for fiscal 2024 (ended Dec 31, 2024), compared with HK$0.57 in fiscal 2023.

MFI free cash flowFY2025-HK$16.02M

MFI free cash flow was -HK$16.02M for fiscal 2025 (ended Dec 31, 2025), compared with -HK$22.34M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021
Revenue	HK$33.82M	HK$26.09M	HK$31.96M	HK$34.93M	HK$32.21M
Cost of revenue	HK$23.81M	HK$13.78M	HK$14.00M	HK$16.51M	HK$16.26M
Gross profit	HK$10.02M	HK$12.30M	HK$17.97M	HK$18.42M	HK$15.95M
Research and development	HK$46.0K	HK$172.8K	HK$11.4K	HK$80.0K	HK$29.5K
Selling, general and admin	HK$37.64M	HK$27.32M	HK$11.11M	HK$10.63M	HK$5.17M
Operating income	-HK$48.59M	-HK$19.37M	HK$6.68M	HK$7.54M	HK$10.53M
Interest expense	-HK$256.0K	-HK$101.1K	HK$353.0K	HK$443.6K	HK$479.9K
Pre-tax income	HK$75.70M	-HK$19.43M	HK$6.78M	HK$7.21M	HK$10.78M
Income tax	-HK$3.04M	HK$781.8K	HK$148.3K	HK$387.8K	HK$431.6K
Net income	HK$78.74M	-HK$20.21M	HK$6.63M	HK$6.82M	HK$10.35M
EPS, basic	-	-HK$1.59	HK$0.57	HK$0.59	HK$0.89
EPS, diluted	-	-HK$1.59	HK$0.57	HK$0.59	HK$0.89
Diluted shares	5.8M	1.7M	1.4M	11.6M	11.6M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021
Cash and equivalents	HK$223.41M	HK$19.66M	HK$6.81M	HK$12.06M	HK$10.08M
Receivables	HK$224.4K	HK$1.12M	HK$2.58M	HK$1.13M	-
Current assets	HK$4.03B	HK$34.01M	HK$10.10M	HK$15.52M	-
Total assets	HK$4.04B	HK$58.31M	HK$33.85M	HK$34.54M	-
Current liabilities	HK$24.55M	HK$17.04M	HK$12.18M	HK$11.90M	-
Short-term debt	HK$1.44M	HK$4.01M	HK$3.86M	HK$3.70M	-
Long-term debt	HK$0	HK$2.05M	HK$6.06M	HK$9.92M	-
Total debt	HK$1.44M	HK$6.06M	HK$9.93M	HK$13.62M	-
Total liabilities	HK$26.33M	HK$22.39M	HK$22.11M	HK$24.11M	-
Shareholders' equity	HK$4.01B	HK$35.91M	HK$11.74M	HK$10.43M	HK$7.48M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021
Operating cash flow	-HK$15.87M	-HK$21.88M	HK$11.32M	HK$13.50M	HK$12.73M
Capital expenditures	HK$151.6K	HK$463.5K	HK$48.2K	HK$41.7K	HK$267.0K
Free cash flow	-HK$16.02M	-HK$22.34M	HK$11.28M	HK$13.45M	HK$12.47M
Investing cash flow	HK$1.37M	-HK$8.43M	-HK$5.69M	-HK$2.13M	-HK$11.35M
Financing cash flow	HK$216.38M	HK$45.49M	-HK$10.89M	-HK$9.40M	-HK$10.64M
Dividends paid	HK$0	HK$0	HK$5.33M	-	-

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021
Revenue growth, YoY	29.7%	-18.4%	-8.5%	8.4%	-
Net income growth, YoY	-	-	-2.8%	-34.1%	-
EPS growth, YoY	-	-	-	-34.0%	-
Gross margin	29.6%	47.2%	56.2%	52.7%	49.5%
Operating margin	-143.7%	-74.3%	20.9%	21.6%	32.7%
Net margin	232.8%	-77.5%	20.7%	19.5%	32.1%
Free cash flow margin	-47.4%	-85.6%	35.3%	38.5%	38.7%
Return on equity	2.0%	-56.3%	56.4%	65.4%	138.3%
Return on assets	1.9%	-34.7%	19.6%	19.7%	-
Current ratio	164.32	2.00	0.83	1.30	-
Debt to equity	0.00	0.17	0.85	1.31	-

Source: XBRL data mF International Limited files with the SEC, latest filing dated Jun 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

MFI peers

Company	Revenue	Growth	Net income	Net margin	Market cap
MFI	HK$33.82M	+29.7%	HK$78.74M	232.8%	$268.4M
ADPAutomatic Data Processing Inc.	$22.26B	+6.5%	$4.53B	20.3%	$119.24B
INFYInfosys Limited	$20.16B	+4.6%	$3.31B	16.4%	$50.24B
WDAYWorkday Inc.	$10.15B	+13.3%	$1.25B	12.3%	$45.84B
ZSZscaler Inc.	$3.35B	+25.4%	-$63.18M	-1.9%	$32.45B
CTSHCognizant Technology Solutions Corporation	$21.89B	+5.0%	$2.57B	11.8%	$28.43B
VRSNVeriSign Inc.	$1.73B	+6.5%	$849.80M	49.1%	$27.43B
VRSKVerisk Analytics Inc.	$3.18B	+4.9%	$879.20M	27.7%	$25.73B
IOTSamsara Inc.	$1.85B	+29.5%	$90.55M	4.9%	$24.73B

MFI FAQ

8 questions

What is MFI revenue?
mF International Limited (MFI) reported HK$33.82M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 29.7% from the year before.
Is MFI profitable?
Yes. mF International Limited earned HK$78.74M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 232.8%.
How much cash and debt does MFI have?
mF International Limited reported HK$223.41M in cash and cash equivalents and HK$1.44M of debt on its most recent balance sheet in SEC filings.
How fast is MFI revenue growing?
mF International Limited's revenue changed +29.7% in fiscal 2025, to HK$33.82M.
What is MFI gross margin?
mF International Limited's gross profit was HK$10.02M on HK$33.82M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 29.6%.
What is MFI free cash flow?
mF International Limited generated -HK$16.02M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -HK$15.87M less capital expenditures.
When did MFI last report financial results?
The latest statements here come from mF International Limited's 20-F filed on Jun 29, 2026, covering the period ended Dec 31, 2025.
Where does this MFI financial data come from?
Quantisnow builds these statements from the structured XBRL data mF International Limited files with the SEC. It is provided for information only and is not investment advice.