43LOW

FTI

FORTIFAI FPO [FTI]
Fortifai Limited develops video games in Australia. It develops video games for consoles, PC, and mobile platforms and makes them available for customers through different app stores. The company was formerly known as Mighty Kingdom Limited and changed its name to Fortifai Limited in June 2025. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
Communication Services · ASX Small Cap
$0.4200 -3.4%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical71
Catalyst50
Sentiment50
Fundamental50
Momentum71
Risk Gate41
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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • On a tear — up 31.2% over the last 5 days
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (18 quarters)
  • Revenue in sharp decline (-52%)
  • CANSLIM S: Tight float (22%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 677% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.3 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (2.73%/day)
  • Altman Z-Score grey zone (1.83, low-confidence approx)
  • Beneish M-Score -2.13 (grey zone -2.22 to -1.78): possible earnings manipulation
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Deeply negative margins (-27%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -52% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Initial Director's Interest Notice - SC
NONE Final Director's Interest Notice - ASC
NONE Corporate Update

Recent ASX Announcements

2026-03-06 Initial Director's Interest Notice - SC
2026-03-06 Final Director's Interest Notice - ASC
2026-03-06 Corporate Update
2026-02-26 Section 708A Notice - Share Issue
2026-02-26 Application for quotation of securities - FTI

Key Metrics

$129.9M
Market Cap
761K
Avg Volume
1.3x
Vol Ratio
$0.02 — $0.52
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-28.6%
ROE
-27.0%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 22%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshipweakInst: 5%
MMarket DirectionneutralNeutral

Sector: Communication Services

Ranked #28 of 33 · Sector avg: 48

View all Communication Services signals →
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