Mint Incorporation (MIMI) Financials
Ticker history: MIMI became AXNX (Axonex AI Group Limited) on . Earlier news and filings retain their original names and dates. View MIMI history.
Newest figures come from the 20-F for FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MIMI SEC filings page.
This page shows Mint Incorporation Limited (MIMI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
Mint’s reported earnings deteriorated sharply, but cash outflow narrowed while the balance sheet became less liquid and more liability-heavy.
The net loss deepened from$1.46M in FY2025 to$10.3M in FY2026. Yet operating cash flow improved from-$3.26M to-$858K , an earnings–cash divergence showing that the reported loss was not a direct measure of current-period cash consumption.
Gross profit fell
FY2026 assets fell
Financial Health Signals
We do not publish a peer-relative financial health score for Mint Incorporation Limited, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Mint Incorporation Limited passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Mint Incorporation Limited reported a net loss of $10.3M while operations used $858K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Mint Incorporation Limited reported an operating loss of $10.3M against $29K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Mint Incorporation Limited's EBITDA was -$10.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Mint Incorporation Limited reported a net loss of $10.3M in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Mint Incorporation Limited earned -$4.15 per diluted share (EPS) in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Not reported for fiscal year 2026.
Cash & Balance Sheet
Mint Incorporation Limited recorded an outflow of $1.1M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Mint Incorporation Limited held $964K in cash against $1.1M in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Mint Incorporation Limited's ROE was -314.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 288.8 percentage points from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Capital Allocation
Mint Incorporation Limited invested $131K in research and development in fiscal year 2026.
Mint Incorporation Limited invested $205K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 2737.3% from the prior year.
Not reported for fiscal year 2026.
MIMI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Revenue | N/A | $3.1M-25.3% | $4.1M+67.4% | $2.4M |
| Cost of Revenue | N/A | $2.5M-10.0% | $2.8M+100.2% | $1.4M |
| Gross Profit | $250K-65.6% | $726K-53.5% | $1.6M+23.5% | $1.3M |
| R&D Expenses | $131K | N/A | N/A | N/A |
| SG&A Expenses | $2.6M+11.5% | $2.4M+251.0% | $671K+98.0% | $339K |
| Operating Income | -$10.3Mn/m | -$1.6M-282.7% | $891K-3.7% | $925K |
| EBITDA | -$10.2Mn/m | -$1.6M-281.1% | $895K-3.5% | $928K |
| Interest Expense | $29K-14.2% | $34K | N/A | N/A |
| Income Tax | $5Kn/m | -$175K-235.4% | $129K-1.0% | $130K |
| Net Income | -$10.3Mn/m | -$1.5M-286.5% | $783K-4.4% | $819K |
| EPS (Basic) | -$4.15n/m | -$0.68-283.8% | $0.37 | $0.04 |
| EPS (Diluted) | -$4.15n/m | -$0.68-283.8% | $0.37 | $0.04 |
| Diluted Shares (Avg) | 2M+16.0% | 2M+2.0% | 2M | 21M |
MIMI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Total Assets | $5.4M-29.1% | $7.6M+258.8% | $2.1M | N/A |
| Current Assets | $2.3M-66.4% | $6.9M+236.3% | $2.1M | N/A |
| Cash & Equivalents | $964K-78.7% | $4.5M+1324.5% | $317K+8.3% | $293K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0 |
| Accounts Receivable | $363K-44.6% | $654K-23.4% | $854K | N/A |
| Long-Term Investments | $2.5Mn/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $2.1M+17.7% | $1.8M+94.4% | $914K | N/A |
| Current Liabilities | $1.2M+70.6% | $722K-20.9% | $914K | N/A |
| Non-Current Liabilities | $858K-18.6% | $1.1Mn/m | $0 | N/A |
| Long-Term Debt | $1.1M-12.6% | $1.2M | N/A | N/A |
| Total Equity | $3.3M-43.4% | $5.8M+384.2% | $1.2M+192.8% | $409K |
| Retained Earnings | -$10.6Mn/m | -$269K-122.6% | $1.2M | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill.
MIMI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Operating Cash Flow | -$858Kn/m | -$3.3M-530.8% | $756K+4.7% | $723K |
| Depreciation & Amortization | $148K+2656.1% | $5K+14.7% | $5K+91.4% | $2K |
| Stock-Based Compensation | $7.9M | N/A | N/A | N/A |
| Capital Expenditures | $205K+2737.3% | $7K-12.1% | $8K+59.9% | $5K |
| Free Cash Flow | -$1.1Mn/m | -$3.3M-536.5% | $748K+4.3% | $717K |
| Investing Cash Flow | -$2.6Mn/m | -$136Kn/m | -$8Kn/m | -$5K |
| Financing Cash Flow | -$104K-101.4% | $7.6Mn/m | -$725Kn/m | -$517K |
| Dividends Paid | N/A | N/A | N/A | $548K |
Not reported in any period shown, so not listed: Share Buybacks.
MIMI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|---|
| Gross Margin | N/A | 23.8%-14.4pp | 38.3%-13.6pp | 51.8% |
| Operating Margin | N/A | -53.4%-75.2pp | 21.8%-16.1pp | 37.9% |
| Net Margin | N/A | -47.9%-67.1pp | 19.2%-14.4pp | 33.6% |
| Return on Equity | -314.0%-288.8pp | -25.2%-90.6pp | 65.4%-134.9pp | 200.3% |
| Return on Assets | -191.9%-172.6pp | -19.3%-56.4pp | 37.1% | N/A |
| Current Ratio | 1.89-7.7x | 9.59+7.3x | 2.26 | N/A |
| Debt-to-Equity | 0.32+0.1x | 0.21 | N/A | N/A |
| Liabilities-to-Equity | 0.64+0.3x | 0.31-0.5x | 0.76 | N/A |
| Asset Turnover | N/A | 0.40-1.5x | 1.93 | N/A |
| FCF Margin | N/A | -107.1% | 18.3%-11.1pp | 29.4% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Mint Incorporation Limited MIMI | FY2026 | N/A | -$10.3M | N/A | N/A | — |
| FBS Global Limited FBGL | FY2025 | $19.1M | -$1.5M | -7.9% | $2.8M | 43/100 |
| OFA Group OFAL | FY2026 | $717K | -$8.0M | N/A | $2.2M | — |
| Founder Group Limited FGL | FY2025 | $29.7M | -$2.1M | -6.9% | $73K | 40/100 |
| Legence Corp. LGN | FY2025 | $2.6B | -$59.8M | -2.3% | $3.8B | 49/100 |
| Blink Charging Co. BLNK | FY2025 | $103.5M | -$83.4M | -80.5% | $61.0M | 47/100 |
Where Mint Incorporation Limited Ranks
Frequently Asked Questions
No, Mint Incorporation Limited (MIMI) reported a net loss of $10.3M in fiscal year 2026.
Mint Incorporation Limited (MIMI) had EBITDA of -$10.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2026, Mint Incorporation Limited (MIMI) had $964K in cash and equivalents against $1.1M in long-term debt.
Mint Incorporation Limited (MIMI) has a return on equity of -314.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
Mint Incorporation Limited (MIMI) recorded an outflow of $1.1M in free cash flow during fiscal year 2026. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Mint Incorporation Limited (MIMI) recorded an outflow of $858K in operating cash flow during fiscal year 2026, representing cash used by core business activities.
Mint Incorporation Limited (MIMI) had $5.4M in total assets as of fiscal year 2026, including both current and long-term assets.
Mint Incorporation Limited (MIMI) invested $205K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
Mint Incorporation Limited (MIMI) invested $131K in research and development during fiscal year 2026.
Mint Incorporation Limited (MIMI) had a current ratio of 1.89 as of fiscal year 2026, which is generally considered healthy.
Mint Incorporation Limited (MIMI) had a debt-to-equity ratio of 0.32 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Mint Incorporation Limited (MIMI) had a liabilities-to-equity ratio of 0.64 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Mint Incorporation Limited (MIMI) had a return on assets of -191.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2026, Mint Incorporation Limited (MIMI) held $3.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $858K over that year. Dividing the one by the other, the reported balance equals about 48 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Mint Incorporation Limited (MIMI) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Mint Incorporation Limited (MIMI) reported a net loss of $10.3M while operations used $858K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Mint Incorporation Limited (MIMI) reported an operating loss of $10.3M against $29K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.