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
$0.6000 -6.2%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Took a hit — down 18.9% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.65, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (18 quarters)
  • Very high P/S ratio (73.1x)
  • Revenue in sharp decline (-52%)
  • CANSLIM S: Tight float (22%)
  • CANSLIM I: Institutional ownership (10%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 522% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.9 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (2.35%/day)
  • Altman Z-Score grey zone (1.82, low-confidence approx)
  • Beneish M-Score -2.13 (grey zone -2.22 to -1.78): possible earnings manipulation
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 12d (+5pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Broke below 20-day support — that's a level the market was defending, and it just gave way
  • 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
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Recent Catalysts

NONE Section 708A Notice - Share Issue
NONE Application for quotation of securities - FTI
NONE Notice of General Meeting/Proxy Form

Recent ASX Announcements

2026-07-08 Section 708A Notice - Share Issue
2026-07-08 Application for quotation of securities - FTI
2026-07-08 Notice of General Meeting/Proxy Form
2026-06-29 Nol8 Joins the Megaport AI Exchange PRICE SENSITIVE
2026-06-28 FortifAI Launches Nol8 AI Data Plane Version 1.0 PRICE SENSITIVE

Key Metrics

$220.5M
Market Cap
1.2M
Avg Volume
0.9x
Vol Ratio
$0.11 — $1.26
52-Week Range
0.3%
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 LaggardlaggardRS: -5
IInstitutional SponsorshippassInst: 10%
MMarket DirectionneutralNeutral

Sector: Communication Services

31 tickers in this sector

View all Communication Services signals →Browse all ASX tickers A–Z →
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Compare:FTI vs CHLFTI vs RMYFTI vs PPL
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