MIAX — Stock Film
STOCK FILMSCENE 1/11MIAX · $41.67
Stock Expert AI presents
MIAX
Miami International Holdings, Inc
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Miami International Holdings, Inc. A quick introduction.

On the stock market since 2025, it operates in the world of money and finance. It has 439 employees. Now — the numbers.

on the stock market since 2025
439 employees
$4B market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $1.1.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

WHERE DOES THE MONEY COME FROM?
87%Transaction and Clearing Fees
Transaction and Clearing Fees 87%Access Fees 8%Market Data Fees 3%Product and Service, Other 2%
87% of all revenue comes from a single line: Transaction and Clearing Fees.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales are growing, year after year.

Average growth of 16% a year over the last 4 years. Red columns mark years that ended in a loss.

$751.5M
2021
$797.9M
2022
$1B
2023
$1.1B
2024
$1.4B
2025
In the vault right now:
$0
DEBT: $1.5M
At this pace, that money lasts about 7.3 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
83
very strong

Profit power and business quality lead the class.

FINANCIAL STRENGTH
7
very weak

For a bank, strength is measured by capital buffers and reserves — not cash minus debt.

VALUATION
21
very weak

Clearly below the class average.

GROWTH
98
very strong

Sales are growing strongly for its sector.

PRICE MOMENTUM
26
very weak

Clearly below the class average.

WORTH WATCHING

Financial Strength: The capital buffer looks thin next to its class; less room to absorb a rough stretch.

Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 27% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 20% a year on average.

2
THE BRIGHT SIDE · 2/3
Sales are holding up

The company sells $1.4B a year; the problem isn’t sales — it’s costs running above that number.

3
THE BRIGHT SIDE · 3/3
Analysts’ target sits above today’s price

The average analyst price target is $53.0027% above today’s price.

1
THE RISKS · 1/3
Lost money last year

A loss of $70.0M against $1.4B in annual sales.

2
THE RISKS · 2/3
A thin financial cushion

The balance sheet offers little cushion against a rough stretch. Report-card grade: 7/100.

3
THE RISKS · 3/3
The price runs ahead of the earnings

Today’s price already includes part of tomorrow’s optimism. Report-card grade: 21/100.

FINALE · THE GRADE
C
0 / 100 · MoonshotScore

On our five-subject report card, MIAX sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: MIAX has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (21/100) says the stock isn’t cheap.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Jul 24, 2026 · stockexpertai.com · Stock Film