MF
MindForge Inc.
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Latest Quote
$10.79
| Previous Close | $13.69 |
| Open | $13.17 |
| Day High | $13.17 |
| Day Low | $10.30 |
| Volume | 372,985 |
Stock Information
| Shares Outstanding | 1.51M |
| Cash Equivalents | $9.87M |
| Revenue | $24.04M |
| Net Income | $-13.24M |
| Sector | Communication Services |
| Industry | Advertising Agencies |
| Market Cap | $19.62M |
| EPS (TTM) | $-18.31 |
| Exchange | NCM |
Recent Price History
About MindForge Inc.
MindForge Inc., together with its subsidiaries, focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. It offers digital promotion services; risk assessment services; and value-added bundled benefits, including auto maintenance, auto value-added, vehicle moving notification, and other services to property and auto insurance carriers, and insurance brokers. The company also provides insurance-related information to individual consumers; and Magic Mirror algorithm to calculate payout risks for insurance carriers to underwrite auto insurance coverage. The company was formerly known as U-BX Technology Ltd. and changed its name to MindForge Inc. in July 2026. MindForge Inc. was founded in 2018 and is based in Beijing, China.
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Income Statement (Annual)
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | - | $50,905,784 | $92,704,165 | $85,205,689 |
| Cost Of Revenue | - | $50,905,784 | $92,704,165 | $85,205,689 |
| Total Revenue | - | $51,600,106 | $94,318,710 | $86,676,865 |
| Operating Revenue | - | $51,600,106 | $94,318,710 | $86,676,865 |
| Expenses | ||||
| Interest Expense | - | $12,869 | $1,269 | $0 |
| Total Expenses | - | $52,473,001 | $94,164,807 | $86,550,218 |
| Other Income Expense | - | $20,606 | $88,708 | $93,384 |
| Other Non Operating Income Expenses | - | $20,606 | $88,708 | $93,384 |
| Net Non Operating Interest Income Expense | - | $246,187 | $1,375 | $3,479 |
| Interest Expense Non Operating | - | $12,869 | $1,269 | $0 |
| Operating Expense | - | $1,567,217 | $1,460,642 | $1,344,529 |
| General And Administrative Expense | - | $1,567,217 | $1,460,642 | $1,344,529 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | - | $-748,542 | $205,911 | $-49,022 |
| Net Interest Income | - | $246,187 | $1,375 | $3,479 |
| Interest Income | - | $259,056 | $2,644 | $3,479 |
| Normalized Income | - | $-748,542 | $205,911 | $-49,022 |
| Net Income From Continuing And Discontinued Operation | - | $-748,542 | $205,911 | $-49,022 |
| Total Operating Income As Reported | - | $-872,895 | $153,903 | $126,647 |
| Net Income Common Stockholders | - | $-748,542 | $205,911 | $-49,022 |
| Net Income | - | $-748,542 | $205,911 | $-49,022 |
| Net Income Including Noncontrolling Interests | - | $-748,542 | $205,911 | $-49,022 |
| Net Income Continuous Operations | - | $-748,542 | $205,911 | $-49,022 |
| Pretax Income | - | $-606,102 | $243,986 | $223,510 |
| Interest Income Non Operating | - | $259,056 | $2,644 | $3,479 |
| Operating Income | - | $-872,895 | $153,903 | $126,647 |
| Gross Profit | - | $694,322 | $1,614,545 | $1,471,176 |
| Per Share | ||||
| Diluted EPS | $-9.25 | $-12.00 | $3.05 | $-0.85 |
| Basic EPS | $-9.25 | $-12.00 | $3.05 | $-0.85 |
| Other | ||||
| Diluted Average Shares | $291,781 | $63,125 | $67,500 | $57,828 |
| Basic Average Shares | $291,781 | $63,125 | $67,500 | $57,828 |
| Tax Effect Of Unusual Items | - | $0 | $0 | $0 |
| Tax Rate For Calcs | - | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | - | $-581,583 | $247,256 | $225,305 |
| Reconciled Depreciation | - | $11,650 | $2,001 | $1,795 |
| EBITDA (Bullshit earnings) | - | $-581,583 | $247,256 | $225,305 |
| EBIT | - | $-593,233 | $245,255 | $223,510 |
| Diluted NI Availto Com Stockholders | - | $-748,542 | $205,911 | $-49,022 |
| Tax Provision | - | $142,440 | $38,075 | $272,532 |
| Selling General And Administration | - | $1,567,217 | $1,460,642 | $1,344,529 |
| Other Gand A | - | $1,567,217 | $1,460,642 | $1,344,529 |
Balance Sheet (Annual)
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | - | $13,868,289 | $1,071,082 | $910,935 |
| Total Assets | - | $16,794,398 | $4,854,108 | $22,904,126 |
| Total Non Current Assets | - | $54,987 | $249,684 | $475,997 |
| Other Non Current Assets | - | $23,744 | - | - |
| Non Current Deferred Assets | - | $0 | $245,956 | $472,650 |
| Goodwill And Other Intangible Assets | - | $5,709 | $0 | - |
| Current Assets | - | $16,739,411 | $4,604,424 | $22,428,129 |
| Other Current Assets | - | $-58,485 | $17,011 | $10,547 |
| Prepaid Assets | - | $2,070,333 | $2,972,534 | $20,466,430 |
| Receivables | - | $9,893,213 | $321,170 | $432,446 |
| Taxes Receivable | - | $39,161 | $56,369 | $149,982 |
| Loans Receivable | - | $9,457,764 | $0 | - |
| Accounts Receivable | - | $396,288 | $264,801 | $282,464 |
| Allowance For Doubtful Accounts Receivable | - | $-2,443 | $0 | $0 |
| Gross Accounts Receivable | - | $398,731 | $264,801 | $282,464 |
| Cash Cash Equivalents And Short Term Investments | - | $4,834,350 | $1,293,709 | $1,518,706 |
| Cash And Cash Equivalents | - | $4,834,350 | $1,293,709 | $1,518,706 |
| Cash Financial | - | $4,834,350 | $1,293,709 | $1,518,706 |
| Non Current Deferred Taxes Assets | - | - | - | $0 |
| Receivables Adjustments Allowances | - | - | - | $-2,497 |
| Debt | ||||
| Total Debt | - | $716,535 | $138,393 | - |
| Long Term Debt And Capital Lease Obligation | - | $7,584 | $0 | - |
| Current Debt And Capital Lease Obligation | - | $708,951 | $138,393 | - |
| Current Debt | - | $701,577 | $138,393 | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | - | $2,920,400 | $3,783,026 | $21,993,191 |
| Total Non Current Liabilities Net Minority Interest | - | $7,738 | $0 | $0 |
| Non Current Deferred Liabilities | - | $154 | $0 | - |
| Non Current Deferred Taxes Liabilities | - | $154 | $0 | - |
| Current Liabilities | - | $2,912,662 | $3,783,026 | $21,993,191 |
| Other Current Liabilities | - | $106,940 | $114,515 | $97,803 |
| Current Deferred Liabilities | - | $0 | $1,784,580 | $20,904,168 |
| Payables And Accrued Expenses | - | $2,096,771 | $1,745,538 | $991,220 |
| Payables | - | $2,096,771 | $1,745,538 | $991,220 |
| Other Payable | - | $45,257 | $30,534 | $31,521 |
| Total Tax Payable | - | $875,612 | $736,247 | $751,713 |
| Income Tax Payable | - | $874,547 | $722,114 | $726,977 |
| Accounts Payable | - | $718,130 | $573,619 | $0 |
| Equity | ||||
| Common Stock Equity | - | $13,873,998 | $1,071,082 | $910,935 |
| Total Equity Gross Minority Interest | - | $13,873,998 | $1,071,082 | $910,935 |
| Stockholders Equity | - | $13,873,998 | $1,071,082 | $910,935 |
| Gains Losses Not Affecting Retained Earnings | - | $526,007 | $241,158 | $214,924 |
| Other Equity Adjustments | - | $526,007 | $241,158 | $214,924 |
| Retained Earnings | - | $-1,233,509 | $-214,331 | $-348,244 |
| Other | ||||
| Ordinary Shares Number | $831,365 | $67,500 | $67,500 | $67,500 |
| Share Issued | $831,365 | $67,500 | $67,500 | $67,500 |
| Tangible Book Value | - | $13,868,289 | $1,071,082 | $910,935 |
| Invested Capital | - | $14,575,575 | $1,209,475 | $910,935 |
| Working Capital | - | $13,826,749 | $821,398 | $434,938 |
| Capital Lease Obligations | - | $14,958 | $0 | - |
| Total Capitalization | - | $13,873,998 | $1,071,082 | $910,935 |
| Additional Paid In Capital | - | $14,578,800 | $1,041,855 | $1,041,855 |
| Capital Stock | - | $2,700 | $2,400 | $2,400 |
| Common Stock | - | $2,700 | $2,400 | $2,400 |
| Long Term Capital Lease Obligation | - | $7,584 | $0 | - |
| Current Deferred Revenue | - | $0 | $1,784,580 | $20,904,168 |
| Current Capital Lease Obligation | - | $7,374 | $0 | - |
| Line Of Credit | - | $701,577 | $138,393 | $0 |
| Dueto Related Parties Current | - | $457,772 | $405,138 | $207,986 |
| Net PPE | - | $25,534 | $3,728 | $3,347 |
| Gross PPE | - | $25,534 | $3,728 | $7,073 |
| Other Properties | - | $18,035 | $3,728 | $103 |
| Accumulated Depreciation | - | - | - | $-3,726 |
| Machinery Furniture Equipment | - | - | - | $6,970 |
Cash Flow Statement (Annual)
| Metric | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|
| Free Cash Flow | |||
| Free Cash Flow | $-1,365,920 | $-285,805 | $360,140 |
| Operating Activities | |||
| Operating Cash Flow | $-1,353,154 | $-283,159 | $363,074 |
| Cash Flow From Continuing Operating Activities | $-1,353,154 | $-283,159 | $363,074 |
| Investing Activities | |||
| Capital Expenditure | $-12,766 | $-2,646 | $-2,934 |
| Investing Cash Flow | $-9,470,530 | $-2,646 | $-2,934 |
| Cash Flow From Continuing Investing Activities | $-9,470,530 | $-2,646 | $-2,934 |
| Net Other Investing Changes | $-9,457,764 | - | - |
| Financing Activities | |||
| Issuance Of Capital Stock | $13,783,523 | $0 | $897,222 |
| Financing Cash Flow | $14,344,328 | $156,934 | $421,162 |
| Cash Flow From Continuing Financing Activities | $14,344,328 | $156,934 | $421,162 |
| Net Common Stock Issuance | $13,783,523 | $0 | $897,222 |
| Common Stock Issuance | $13,783,523 | $0 | $897,222 |
| Net Other Financing Charges | - | $12,873 | $-476,060 |
| Other | |||
| Repayment Of Debt | $-420,604 | $0 | $0 |
| Issuance Of Debt | $981,409 | $144,061 | $0 |
| Interest Paid Supplemental Data | $12,454 | $1,269 | $0 |
| Income Tax Paid Supplemental Data | $0 | $598 | $26,001 |
| End Cash Position | $4,834,350 | $1,293,709 | $1,518,706 |
| Beginning Cash Position | $1,293,709 | $1,518,706 | $788,964 |
| Effect Of Exchange Rate Changes | $19,997 | $-96,126 | $-51,560 |
| Changes In Cash | $3,520,644 | $-128,871 | $781,302 |
| Net Issuance Payments Of Debt | $560,805 | $144,061 | $0 |
| Net Short Term Debt Issuance | $560,805 | $144,061 | $0 |
| Short Term Debt Payments | $-420,604 | $0 | $0 |
| Short Term Debt Issuance | $981,409 | $144,061 | $0 |
| Net PPE Purchase And Sale | $-12,766 | $-2,646 | $-2,934 |
| Purchase Of PPE | $-12,766 | $-2,646 | $-2,934 |
| Change In Working Capital | $-745,068 | $-488,657 | $418,671 |
| Change In Other Working Capital | $-1,807,899 | $-18,353,557 | $21,662,719 |
| Change In Other Current Liabilities | $-7,424 | - | - |
| Change In Other Current Assets | $-27,679 | $0 | $0 |
| Change In Payables And Accrued Expense | $317,864 | $1,092,491 | $-1,193,626 |
| Change In Accrued Expense | $5,432 | $25,130 | $87,305 |
| Change In Payable | $312,432 | $1,067,361 | $-1,280,931 |
| Change In Account Payable | $136,431 | $807,113 | $-1,660,676 |
| Change In Tax Payable | $129,032 | $39,608 | $282,285 |
| Change In Income Tax Payable | $129,032 | $39,608 | $282,285 |
| Change In Prepaid Assets | $910,212 | $16,774,955 | $-20,851,623 |
| Change In Receivables | $-130,142 | $-2,546 | $801,201 |
| Changes In Account Receivables | $-130,142 | $-2,546 | $801,201 |
| Provisionand Write Offof Assets | $128,652 | $-2,414 | $-10,194 |
| Deferred Tax | $154 | $0 | $1,824 |
| Deferred Income Tax | $154 | $0 | $1,824 |
| Depreciation Amortization Depletion | $11,650 | $2,001 | $1,795 |
| Depreciation And Amortization | $11,650 | $2,001 | $1,795 |
| Depreciation | $11,650 | $2,001 | $1,795 |
| Net Income From Continuing Operations | $-748,542 | $205,911 | $-49,022 |
| Asset Impairment Charge | - | $-2,414 | $-10,194 |
| Other Non Cash Items | - | - | $150 |