Operates an online platform for trading artwork in the form of non-fungible tokens (NFTs). Connects artists, art dealers, and art investors. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Average growth of 57% a year over the last 4 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
This company is not turning a profit, so the market is pricing its sales instead: 0.2× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 64% of them.
No analyst target is on record for this company.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
The price isn’t cheap next to earnings — that’s why this grade sits in the middle.
Clearly below the class average.
Clearly below the class average.
Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.
Growth: Sales growth trails the sector average.
An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Sales run at $726K a year. A small number, but proof the product has real buyers.
There is $7.2M in the vault; even if every debt were paid off, $7.2M would remain.
A loss of $1.4M against $726K in annual sales. And on top of that, sales fell from the year before.
Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 3/100. For a turnaround signal, the stock first needs to close the gap with the market.
The growth engine is running at low revs right now. Report-card grade: 8/100.
On our five-subject report card, MI sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: MI is a high-risk stock — not yet profitable, and its future rides on its product catching on.
Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.