MindForge Inc. (MF) stock

MFNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends June 30

Financials through fiscal 2026, year ended Jun 30, 2026Last filing: 20-F on Oct 26, 2026Score 4/30

$17.50+0.60 (+3.55%)

Close on Nov 11, 2026Market cap $63.67MP/E –Yield –

MindForge statistics

72 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: No dividends
Fundamentals through: Jun 30, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $63.67M; $793.39M
Enterprise Value: $51.33M; $768.70M
PS Ratio: 4.29; 2.28
PB Ratio: 3.09; 2.77
P/TBV Ratio: 3.09; 4.95

Enterprise valuationIndustry

EV / Sales: 3.46; 2.04

Share statisticsIndustry

Shares Outstanding: 4M; 58M
Shares Held by Institutions: 0.00%; 62.9%

Short sellingIndustry

Short Interest: 11,238; –
Short Interest Change: 442.6%; -3.30%
Short % of Shares Outstanding: 0.31%; 4.22%
Days to Cover: 1.00; 3.54

Stock price statisticsIndustry

52-Week High: $83.50; –
52-Week Low: $2.12; –
20-Day Moving Average: $10.66; –
50-Day Moving Average: $11.90; –
200-Day Moving Average: $19.68; –
Average True Range (14): $3.22; –
Price Change (1 Week): 110.8%; 0.35%
Price Change (1 Month): 127.0%; 0.00%
Price Change (3 Months): 75.0%; -7.14%
Price Change (6 Months): 360.5%; 0.84%
Price Change (YTD): -65.0%; -14.1%
Price Change (1 Year): -70.1%; -14.0%
Average Volume (10 Days): 448,012; –
Average Volume (20 Days): 285,607; –
Average Volume (90 Days): 377,965; –
Relative Volume: 0.09; 0.71
Relative Strength Index (14): 65.6; 47.5
Volatility (1 Year): 229.9%; 65.3%
Beta (5 Years): 2.94; 1.19

MarginsIndustry

Gross Margin: -0.54%; 56.0%
Operating Margin: -98.2%; -1.96%
Pretax Margin: -223.2%; -0.63%
Profit Margin: -222.9%; -2.35%
EBITDA Margin: -96.8%; 0.85%

Returns on capitalIndustry

Return on Equity (ROE): -167.2%; 1.34%
Return on Assets (ROA): -110.8%; -3.12%
Return on Invested Capital (ROIC): -139.8%; -0.29%
Return on Capital Employed (ROCE): -69.1%; -0.55%

Financial positionIndustry

Current Ratio: 1.14; 1.37
Quick Ratio: 0.70; 0.93
Interest Coverage: -20934.30; -0.55

GrowthIndustry

Revenue Growth (YoY): -49.9%; 9.45%
Revenue Growth (3Y CAGR): -46.0%; 7.44%

EfficiencyIndustry

Asset Turnover: 0.50; 0.64
Inventory Turnover: 978.48; 13.86
Revenue Per Employee: $990.46K; $396.32K
Profits Per Employee: -$2.21M; -$6.68K
Employee Count: 15; 525
WACC: 17.5%; 10.2%

Income statement (TTM)Industry

Revenue: $14.86M; $257.79M
Gross Profit: -$80.69K; $158.36M
Operating Income: -$14.59M; -$578.69K
Pretax Income: -$33.16M; -$294.07K
Net Income: -$33.11M; -$298.85K
EBITDA: -$14.38M; -$75.39K

Balance sheetIndustry

Cash & Short-Term Investments: $12.33M; $41.64M
Net Cash (Debt): $12.33M; $1.79M
Net Cash Per Share: $3.39; $0.13
Equity (Book Value): $20.59M; $51.00M
Book Value Per Share: $5.66; $1.99
Tangible Book Value: $20.59M; $2.78M
Working Capital: $2.47M; $14.99M

Cash flow (TTM)Industry

Operating Cash Flow: -$2.16M; $5.65M

Dividends and yieldsIndustry

Earnings Yield: -52.0%; 0.38%
Buyback Yield: -6.39%; 3.37%
Shareholder Yield: -6.39%; 3.80%

Taxes and interestIndustry

Interest Expense: $697; $3.48M
Income Tax: -$51.05K; $1.62M

Scores and fair valueIndustry

Altman Z-Score: -0.01; 1.98
Piotroski F-Score: 2; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

Period	MF	S&P 500	Difference
1 month	+92.5%	-2.4%	+94.9 pts
3 months	+78.0%	-1.2%	+79.2 pts
Year to date	-65.0%	+12.3%	−77.3 pts
1 year	-69.8%	+12.4%	−82.3 pts

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

0M MF shares were sold short on Oct 30, 2026, up 442.6% from the previous report. At recent volumes it would take 1.0 days to buy them back. Over the last 20 sessions, 50.5% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	11,238	+442.6%	114,311	1.0
Oct 15, 2026	2,071	-81.9%	92,327	1.0
Sep 30, 2026	11,424	+50.1%	62,745	1.0
Sep 15, 2026	7,612	-38.4%	196,077	1.0
Aug 31, 2026	12,364	-29.3%	108,895	1.0
Aug 14, 2026	17,494	-78.5%	534,643	1.0
Jul 31, 2026	81,333	-65.1%	313,805	1.0
Nov 15, 2023	10,060	-63.6%	34,221	1.0
Oct 31, 2023	27,671	-19.9%	29,833	1.0
Oct 13, 2023	34,550	-50.5%	42,751	1.0
Sep 29, 2023	69,762	-41.4%	40,160	1.7
Sep 15, 2023	119,066	-19.8%	146,000	1.0

Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.

Where these numbers come from

Parsed from the XBRL in MindForge's annual and quarterly filings with the SEC
Per-share figures adjusted for the 1-for-25 reverse split on Oct 26, 2026
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is MF.

Compare: MF vs GMM · MF vs HOLO · MF vs AIXI · MF vs IFBD · MF vs GOAI

Operating margin-98.2% · median -38.3%

Net margin-222.9% · median -82.9%

Company	Revenue	Growth
HOLO	$51.21M	–
GOAI	$17.26M	+60.2%
MF	$14.86M	-49.9%
GMM	–	–
AIXI	–	–
IFBD	–	–

Company

Exchange: Nasdaq
Industry: Services-Computer Programming, Data Processing, Etc.
Fiscal year ends: June 30
Employees: 15
Held by institutions: 0.0%
Auditor: HTL International, LLC
SEC CIK: 1888525

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