Stock Ratings / Communication Services / MPU / financials

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Mega Matrix Inc. (Class A) (MPU) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

Q: How profitable is Mega Matrix Inc. (Class A) (MPU)?

In FY 2025 (10-K), MPU converted $26.1M of revenue into a 55.1% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).

$1.70 +0.72% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot)

Mega Matrix Inc. (Class A) (MPU) carries a Roarable Rating of D- (Sell) with 39/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D- • RED ALERT Cap $5.8M

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INTERACTIVE SCENARIO DECK:

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RQD QUANT TACHOMETERRED ALERT • D-

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Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-8.8% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for MPU)Realized 20D OHLCV Swing Band: ±12.5%

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How MPU Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $26.1M

FY24

Rev $36.2M

FY25

Rev $26.1M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$26.1M	55.1%	-80%	-$34.3M	-$9.9M	-45%
FY 2024	$36.2M	58.1%	-32.1%	-$8.9M	$4.1M	-45%
FY 2023	$26.1M	55.1%	-20.2%	-$4.1M	-$3.0M	-35%

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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring MPU)

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MPU // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -84.26%▲ RESISTANCE BREAKOUT

2026-10-30O $1.69H $1.70L $1.40C $1.70VOL 7.4K

RES: $1.62SUP: $1.18SMA50: $3.00SMA200: $8.99

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

MPU Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 MPU Butterfly Map → + Track MPU →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. -27.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on MPU today. View full Setup Ledger →

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No direct multi-tier Butterfly edges indexed yet for MPU. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

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DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (MPU)

Communication Services Rank #108 of 132 ⚔️ NXAT vs MPU Full Matrix →

1. Head-to-Head Communication Services Peer Comparison (MPU vs. NXAT, TOON, GAIA, RDI)

Industry: Movies/Entertainment (14 Tracked Issuers)

Across 132 tracked Communication Services securities in the Roarable RQD universe, Mega Matrix Inc. (Class A) (MPU) ranks #108 by composite RQD confidence (39/100, grade D-) and #126 by equity capitalization ($5.8M). Within this direct 5-issuer industry benchmark cohort, MPU leads on earnings valuation at N/A trailing P/E, while GAIA leads on capital efficiency and profitability with -5.0% ROIC and 87.1% gross margin. NXAT currently holds the highest overall quantitative score in the immediate peer group at 59/100 (C-) compared with MPU at 39/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
MPU ACTIVE Mega Matrix Inc. (Class A)	D-	39/100	—	55.1%	-35.0%	+0.72%	$5.8M	Benchmark Subject
NXAT Nexus Advanced Technologies Inc.	C-	59/100	—	—	—	+0.23%	$1.1M	/nxat-vs-mpu →
TOON Kartoon Studios Inc.	D-	36/100	—	—	-35.0%	+1.28%	$32.5M	/toon-vs-mpu →
GAIA Gaia Inc. (Class A)	E	33/100	—	87.1%	-5.0%	0.00%	$36.6M	/gaia-vs-mpu →
RDI Reading International Inc (Class A)	E	21/100	—	—	-35.0%	-6.86%	$37.3M	/rdi-vs-mpu →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001953021

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Mega Matrix Inc. (Class A) (MPU) reported GAAP revenue of $26.1M (-27.9% vs. FY2024 revenue of $36.2M ) , GAAP net income of -$34.3M, operating cash flow of -$9.9M, and free cash flow of -$9.9M (-340.4% YoY). On the balance sheet, MPU closed FY2025 with $22.4M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 2/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$26.1M	-$34.3M	-$9.9M	-$9.9M	$22.4M	—
FY2024 (FY)	2024-12-31	$36.2M	-$8.9M	$4.1M	$4.1M	$19.5M	—
FY2023 (FY)	2023-12-31	$0	-$4.1M	-$3.0M	-$3.0M	—	—

3. MPU Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is MPU stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, Mega Matrix Inc. (Class A) (NYSE: MPU) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 39/100 at a spot price of $1.70 (+0.72% 1D, market cap $5.8M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 5/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 3/20. Across 132 tracked Communication Services issuers, MPU ranks #108 in composite RQD confidence.

How does MPU compare to NXAT and TOON in the Communication Services sector?

Within the Communication Services sector (Movies/Entertainment), MPU carries a Roarable D- (39/100 RQD), trailing P/E of N/A, gross margin of 55.1%, and ROIC of -35.0%. By comparison, NXAT (Nexus Advanced Technologies Inc.) holds a C- grade (59/100 RQD, P/E N/A, ROIC —, cap $1.1M) and TOON (Kartoon Studios Inc.) posts a D- grade (36/100 RQD, P/E N/A, ROIC -35.0%, cap $32.5M). Among the 5-stock peer group, MPU leads on earnings multiple (N/A) while GAIA leads on capital efficiency (-5.0% ROIC).

What are the biggest fundamental strengths and SEC risk factors for MPU?

Per MPU's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001953021), Mega Matrix Inc. (Class A) generated $26.1M in revenue (-27.9% YoY), -$34.3M in net income, and -$9.9M in free cash flow against $22.4M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Communication Services with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is MPU trading relative to its 50-day, 200-day, and 52-week technical levels?

MPU last traded at $1.70 (+0.72% on volume of 19,003 shares), positioning the stock -43.33% below its 50-day simple moving average ($3.00) and -81.09% below its 200-day simple moving average ($8.99). Across its 52-week range of $1.35 to $28.00, MPU sits at the 1.3% percentile with a 14-day RSI of 25.9 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($1.49 to $1.91).