Overview
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- TickerMI on NYSE1
- IndustryFinance Services1
- HeadquartersHong Kong, Hong Kong1
- Incorporated inCayman Islands3
- Business addressOffice Q 11Th Floor, Kings Wing Plaza 2, No. 1 Kwan St., Sha Tin, New Territories, Hong Kong, K3 9990773
- Filer categoryNon-accelerated filer3
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28, 2014. As a result of the transaction, there was a change in control of the Company.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue26¢$192.0K
- Other costs71¢$518.1K
- Income tax2¢$15.6K
Out of $725.8K in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $725.8K | $740.7K | $2.2M |
| Cost of revenue | -$192.0K | -$192.0K | -$556.6K |
| Gross profit | $533.7K | $548.7K | $1.6M |
| General and administrative expenses - continuing operations | -$1.6M | -$1.5M | -$2.5M |
| General and administrative expenses - discontinued operations | -$21.9K | ||
| Total operating expenses - continuing operations | -$1.6M | -$1.5M | -$2.5M |
| Total operating expenses - discontinued operations | -$21.9K | ||
| Loss from continuing operations | -$1.1M | -$906.3K | -$876.7K |
| Interest income and bank charges | -$2.4K | $227.5K | $1.0M |
| Interest expenses | -$269.4K | ||
| Sundry income | $649 | ||
| Gain/(Loss) on change of fair value of warrant liabilities | $6.6M | -$1.7M | |
| Other (expenses)/income - continuing operations | -$271.9K | $6.9M | -$733.4K |
| Total other (expenses) income | -$271.9K | $6.9M | -$733.4K |
| Profit/(Loss) before income taxes from continuing operations | -$1.3M | $6.0M | -$1.6M |
| Income tax (expenses)/credit-Continuing operations | -$15.6K | $335.7K | -$94.9K |
| Net (loss)/profit from continuing operations | -$1.4M | $6.3M | -$1.7M |
| Gain on disposal of subsidiaries | $6.9M | ||
| Loss from discontinued operations | -$21.9K | ||
| Net profit from discontinued operations | $6.9M | ||
| Net (loss)/profit | -$1.4M | $6.3M | $5.2M |
| Foreign currency translation adjustment | -$9.9K | ||
| Comprehensive (loss)/income | -$1.4M | $6.3M | $5.2M |
| (Loss) Earnings from continuing operations per share of common stock basic (in Dollars per share) | -$0 | $2 | -$3 |
| (Loss) Earnings from continuing operations per share of common stock diluted (in Dollars per share) | -$0 | $2 | -$1 |
| Earnings from discontinued operations per share of common stock basic (in Dollars per share) | $0 | $0 | $11 |
| Earnings from discontinued operations per share of common stock diluted (in Dollars per share) | $0 | $0 | $6 |
| Weighted average number of common stock outstanding basic (in Shares) | 8.7M shares | 4.1M shares | 654.4K shares |
| Weighted average number of common stock outstanding diluted (in Shares) | 8.7M shares | 4.1M shares | 1.2M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $2.8M | $82.3M | ||
| Restricted cash | $4.4M | $4.4M | ||
| Prepayment and other current assets, net | $98.7M | |||
| Total current assets | $105.9M | $86.6M | ||
| Total assets | $105.9M | $86.6M | ||
| Accrued expenses and other payables | $1.8M | $1.4M | ||
| Advance from customers | $4.4M | $4.4M | ||
| Tax payable | $30.5K | $15.0K | ||
| Total current liabilities | $6.2M | $5.7M | ||
| Total liabilities | $6.2M | $5.7M | ||
| Common stock (90,000,000 Class A shares authorized; $0.005 par value; 14,318,410 shares issued and outstanding as of December 31, 2025; 5,065,150 shares issued and outstanding as of December 31, 2024) | $71.6K | $25.3K | ||
| Additional paid-in capital | $129.6M | $109.5M | ||
| Accumulated deficit | -$30.0M | -$28.7M | ||
| Total shareholders equity | $99.7M | $80.9M | $60.8M | $52.4M |
| Total liabilities and shareholders equity | $105.9M | $86.6M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $2.8M | $82.3M | ||
| Restricted cash | $4.4M | $4.4M | ||
| Prepayment and other current assets, net | $98.7M | |||
| Total current assets | $105.9M | $86.6M | ||
| Total assets | $105.9M | $86.6M | ||
| Accrued expenses and other payables | $1.8M | $1.4M | ||
| Advance from customers | $4.4M | $4.4M | ||
| Tax payable | $30.5K | $15.0K | ||
| Total current liabilities | $6.2M | $5.7M | ||
| Total liabilities | $6.2M | $5.7M | ||
| Common stock (90,000,000 Class A shares authorized; $0.005 par value; 14,318,410 shares issued and outstanding as of December 31, 2025; 5,065,150 shares issued and outstanding as of December 31, 2024) | $71.6K | $25.3K | ||
| Additional paid-in capital | $129.6M | $109.5M | ||
| Accumulated deficit | -$30.0M | -$28.7M | ||
| Total shareholders equity | $99.7M | $80.9M | $60.8M | $52.4M |
| Total liabilities and shareholders equity | $105.9M | $86.6M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net (loss)/profit from continuing operations | -$1.4M | $6.3M | -$1.7M |
| Net profit from discontinued operations | $6.9M | ||
| Interest expense | $269.4K | ||
| Bad debt expenses | $5.6K | ||
| (Gain)/Loss on change of fair value of warrant liability | -$6.6M | $1.7M | |
| Other current assets | $390.7K | -$656.4K | |
| Loan receivables | $800.0K | -$800.0K | |
| Prepayment | -$98.7M | ||
| Accrued expenses and other payables | $420.3K | -$2.2M | -$334.7K |
| Advances from customer | $35.0K | $45.2K | $1.6M |
| Net changes in operating assets and liabilities (decrease)/increase - discontinued operations | -$7.1M | ||
| Net cash used in operating activities-continuing operations | -$99.3M | -$1.3M | -$158.8K |
| Net cash used in operating activities-discontinued operations | -$158.2K | ||
| Net cash used in operating activities | -$99.3M | -$1.3M | -$317.0K |
| Disposal of subsidiaries, net of cash | $265.7K | ||
| Net cash provided by investing activities-continuing operations | $265.7K | ||
| Net cash provided by investing activities-discontinued operations | $61.4K | ||
| Net Cash provided by investing activities | $327.0K | ||
| Repayment to a short-term borrowing from a third party, net | -$1.6M | ||
| Proceeds from a private placement | $21.9M | ||
| Proceeds from issuance of convertible note | $20.0M | ||
| Payment for offering costs | -$122.5K | ||
| Net cash provided by/(used in) financing activities-continuing operations | $19.9M | $21.9M | -$1.6M |
| Net cash provided by/(used in) financing activities | $19.9M | $21.9M | -$1.6M |
| Net change in cash and cash equivalents, and restricted cash from continuing operations | -$79.4M | $20.6M | -$1.4M |
| Net change in cash and cash equivalents, and restricted cash from discontinued operations | -$96.8K | ||
| Net change in cash and cash equivalents, and restricted cash | -$79.4M | $20.6M | -$1.5M |
| Cash paid for tax | $176 | $150 | $61.4K |
| Cash received from interest-continuing operations | $227.5K | $1.0M |
No quarter-by-quarter statement was filed.
Corporate structure
NFT Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of NFT Ltd
- Orca Capital AG Filed SCHEDULE 13G/A on NFT Ltd, latest Sep 29, 2026 (2 filings since Aug 28, 2026)
- INTRACOASTAL CAPITAL, LLC Filed SCHEDULE 13G on NFT Ltd, latest Aug 27, 2026
- L1 Capital Global Opportunities Master Fund, Ltd. Filed SCHEDULE 13G on NFT Ltd, latest Aug 27, 2026
- S.H.N. Financial Investments Ltd. Filed SCHEDULE 13G on NFT Ltd, latest Aug 27, 2026
- Alta Partners LLC Filed SCHEDULE 13G on NFT Ltd, latest Aug 24, 2026
- NFT Ltd Hong Kong, Hong Kong
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What NFT Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
Leadership
Who has led NFT Ltd, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (2)
- Board memberDouglas Edward Buerger Mar 27, 2026 to now7
- Board memberGuisuo Lu Mar 27, 2026 to now8
Filings
86 filings to the SEC since October 2021: 3 annual reports, 5 insider forms, 6 large holders, 72 other. The latest 20:
- Oct 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Oct 13, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Oct 9, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Oct 7, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Oct 5, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 30, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 30, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 29, 2026SCHEDULE 13G/A EDGAR
- Aug 28, 2026SCHEDULE 13G EDGAR
- Aug 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 27, 2026SCHEDULE 13G EDGAR
- Aug 27, 2026SCHEDULE 13G EDGAR
- Aug 27, 2026SCHEDULE 13G EDGAR
- Aug 24, 2026424B4 PROSPECTUS EDGAR
- Aug 24, 2026SCHEDULE 13G EDGAR
- Aug 21, 2026EFFECT EDGAR
- Aug 18, 2026F-1 REGISTRATION STATEMENT EDGAR
- Jul 16, 2026DRS EDGAR
- May 12, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 8, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
The 86 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Orca Capital AGSCHEDULE 13G/A, 2 filings Aug 28, 2026 to Sep 29, 20269
- INTRACOASTAL CAPITAL, LLCSCHEDULE 13G, 1 filing Aug 27, 202610
- L1 Capital Global Opportunities Master Fund, Ltd.SCHEDULE 13G, 1 filing Aug 27, 202611
- S.H.N. Financial Investments Ltd.SCHEDULE 13G, 1 filing Aug 27, 202612
- Alta Partners LLCSCHEDULE 13G, 1 filing Aug 24, 202613
SEC filer profile
How NFT Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNFT Ltd1
- CIK0001958713
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsDecember 311
- Industry code (SIC)6199 Finance Services1
- SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
- Business addressOffice Q 11Th Floor, Kings Wing Plaza 2, No. 1 Kwan St., Sha Tin, New Territories, Hong Kong, K3 9990771
- Phone86-130201449621
- Shares outstanding14,318,410 shares as of Dec 31, 20254
- AuditorAssentsure PAC, Singapore PCAOB ID 6783; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceDec 19, 20221
- Filings86 in all: 6-K (26), CORRESP (11), UPLOAD (9), 3 (5), F-3/A (5), SCHEDULE 13G (5), 424B5 (4), EFFECT (4)1
All 19 form types
20-F (3), F-1 (2), F-1/A (2), F-4/A (2), NT 20-F (2), 424B4 (1), 6-K/A (1), DRS (1), F-3 (1), F-4 (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (20-F) May 1, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Ordinary Share par value $0.0005 per share | MI | NYSE American |
From the cover page of the 20-F filed May 1, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARNFT Ltd filings on SEC EDGAR
- 2SEC EDGARNFT Ltd 10-K for fiscal 2025
- 3SEC EDGARNFT Ltd filings on SEC EDGAR
- 4
- 5SEC EDGARNFT Ltd 10-K for fiscal 2022
- 6SEC EDGARNFT Ltd 10-K for fiscal 2022
- 7SEC EDGARDouglas Edward Buerger, Board member
- 8SEC EDGARGuisuo Lu, Board member
- 9
- 10
- 11
- 12
- 13