Mega Matrix Inc. Class A Ordinary Shares (MPU)

FairStock Score: 22/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses with durable economics, honest accounting, and a margin of safety. Mega Matrix operates FlexTV, a short-drama streaming platform across multiple regions, with only 23 employees. The idea is asset-light, but the numbers are not those of a franchise. In fiscal Q4 2025, revenue was $5.2 million while net income was -$19.5 million, a -375.39% margin. Revenue growth is -49.20% and profit growth is -960.17%. Trailing free cash flow is -$9.9 million, and the FCF yield is -23.9% of the $41.5 million market cap. Those are not temporary blemishes; they suggest the business is consuming capital. At the 2026-10-13 close of $2.70, FairStock calculates P/B at 0.76 and P/E at -0.20; EPS is -$13.65. ROE is -318.13% and ROCE is -135.64%. A sub-book price can attract a Graham-minded investor, but book value is only a cushion if it is not being incinerated. Piotroski is 3/9 and Altman Z is 0.58, pointing to weak financial health and possible distress. FairStock Score is 22/100. The Lynch category is none, because only 0 years of filed annual results are available and three are needed. The moat is unclear. Short-drama streaming is content-driven, competitive, and dependent on hits and licensing. With negative margins and negative cash flow, growth today destroys value. The stock's 52-week range of $0.17 to $4.00 shows Mr. Market's wild swings. Unless revenue stabilizes and losses narrow materially, the low price is not a margin of safety; it is a warning.

In plain English: Mega Matrix runs FlexTV, a streaming service for short dramas shown in several regions. The business looks weak: revenue fell sharply, it lost a lot of money in the latest quarter, and cash flow is negative. The $2.70 price may look low compared with its accounting assets, but the losses make it hard to call a safe bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer