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Kandal M Venture Ltd

corporate_fare Company Profile

Kandal M Venture Ltd

FMFC·NASDAQ·Manufacturing·CIK 0002024656

Kandal M Venture Ltd is a contract manufacturer of affordable luxury leather goods, operating primarily in Cambodia through its subsidiary, FMF. As a holding company registered in the Cayman Islands, Kandal M Venture Ltd does not have material operations itself but conducts all business through FMF. The company specializes in manufacturing a range of handbags, including shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, and satchels, as well as smaller leather goods like wallets. These products are primarily made from leather and/or other materials. Kandal M Venture Ltd's customers are well-known global fashion brands headquartered in the United States. The company's product engineers translate customer designs and visions into finished leather goods. Key raw materials include leather, fabric, hardware, and edge paint. While customers may designate specific raw material suppliers and arrange delivery, Kandal M Venture Ltd also sources materials from independent third-party suppliers in Italy, South Korea, Vietnam, and Mainland China. Supplier selection is based on criteria such as capability to meet specifications, track record, scale, expertise, cost, product quality, reliability, price, delivery punctuality, historical relationship, reputation, and aftersales services. The company conducts regular on-site examinations of potential suppliers and evaluates existing suppliers to ensure performance standards are met. Kandal M Venture Ltd does not have framework or long-term agreements with any suppliers.

Kandal M Venture Ltd (NASDAQ:FMFC) is a publicly traded company in the Manufacturing sector. Wiseek has independently scored 24 items for FMFC at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-04, rated 8/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 14 rated 8 or above. Recent SEC coverage for FMFC spans 6-K, 424B3, F-3/A, 20-F.

Recent high-impact activity:

  • Kandal M Venture Sets 1-for-40 Reverse Split Vote for Sept 22 to Save Nasdaq Listing
  • Kandal M Venture Closes $750K Convertible Note and Announces Two Related-Party Acquisitions
  • Kandal M Venture Registers 46.9M Shares for Resale at Floor Prices as Low as $0.055
  • Kandal M Venture Registers 46.9M Shares for Resale at $0.055 Floor
  • Kandal M Venture Registers 46M Shares for Resale at $0.065 Floor — Massive Dilution Overhang

Financial Snapshot

Fiscal year ended March 31, 2026
Revenue
$17.13M
Net Income
$235.63K
Diluted EPS
$0.01
Op. Cash Flow
-$1.88M
Free Cash Flow
-$1.92M
Gross Profit
$3.24M
Operating Income
$322.22K
Cash & Equivalents
$3.58M
Debt / Equity
0.00×
Net Margin
1.4%
Source: 20-F · filed 2026-07-30 · accession 0001213900-26-083084

Dilution Risk

Low risk

Filing-implied dilution signals for FMFC, detected from its recent SEC filings · based on capital-structure filings through 2026-09-01.

1 recent capital raise

46.9M Shares Registered for Resale · Conversion Prices Far Below Market

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

FMFC files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$0.2025 +0.00% today
52-week range · as of 2026-09-04 $0.1898 – $15.75
Market cap
$3.63M
Volume
77.8K (0.0× avg)
3-mo avg 9.1M
Live data · 2026-09-13 19:29 UTC · Market closed

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feed FMFC - Latest Insights

FMFC
Sep 04, 2026, 4:01 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.2005
Real-time Price: $0.2025 info
Change: +$0.0020 (+1.00%) info
Market Cap: $3.625M info
FMFC
Sep 01, 2026, 4:00 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.2298
Real-time Price: $0.2025 info
Change: -$0.0273 (-12%) info
Market Cap: $3.625M info
FMFC
Aug 18, 2026, 11:00 AM EDT
Filing Type: 424B3
Importance Score:
8
Price at Filing: $0.2326
Real-time Price: $0.2025 info
Change: -$0.0301 (-13%) info
Market Cap: $3.625M info
FMFC
Aug 13, 2026, 10:51 AM EDT
Filing Type: F-3/A
Importance Score:
8
Price at Filing: $0.252
Real-time Price: $0.2025 info
Change: -$0.0495 (-20%) info
Market Cap: $3.625M info
FMFC
Aug 07, 2026, 9:38 PM EDT
Filing Type: F-3/A
Importance Score:
9
Price at Filing: $0.292
Real-time Price: $0.2025 info
Change: -$0.0895 (-31%) info
Market Cap: $3.625M info
FMFC
Jul 30, 2026, 8:40 AM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.195
Real-time Price: $0.2025 info
Change: +$0.0075 (+4%) info
Market Cap: $3.625M info
FMFC
Jul 30, 2026, 8:30 AM EDT
Filing Type: 20-F
Importance Score:
7
Price at Filing: $0.195
Real-time Price: $0.2025 info
Change: +$0.0075 (+4%) info
Market Cap: $3.625M info
FMFC
Jul 07, 2026, 4:05 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.2511
Real-time Price: $0.2025 info
Change: -$0.0486 (-19%) info
Market Cap: $3.625M info
FMFC
Jul 07, 2026, 12:15 PM EDT
Filing Type: F-3
Importance Score:
9
Price at Filing: $0.2599
Real-time Price: $0.2025 info
Change: -$0.0574 (-22%) info
Market Cap: $3.625M info
FMFC
Jun 29, 2026, 7:15 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.2666
Real-time Price: $0.2025 info
Change: -$0.0641 (-24%) info
Market Cap: $3.625M info
FMFC
Jun 24, 2026, 10:27 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.267
Real-time Price: $0.2025 info
Change: -$0.0645 (-24%) info
Market Cap: $3.625M info
FMFC
Jun 16, 2026, 4:30 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.3402
Real-time Price: $0.2025 info
Change: -$0.1377 (-40%) info
Market Cap: $3.625M info
FMFC
Jun 16, 2026, 8:30 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.380
Real-time Price: $0.2025 info
Change: -$0.1775 (-47%) info
Market Cap: $3.625M info
FMFC
Jun 08, 2026, 4:01 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.3882
Real-time Price: $0.2025 info
Change: -$0.1857 (-48%) info
Market Cap: $3.625M info
FMFC
Jun 08, 2026, 10:43 AM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.3773
Real-time Price: $0.2025 info
Change: -$0.1748 (-46%) info
Market Cap: $3.625M info
FMFC
May 15, 2026, 4:15 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.4085
Real-time Price: $0.2025 info
Change: -$0.206 (-50%) info
Market Cap: $3.625M info
FMFC
Apr 17, 2026, 8:02 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $0.450
Real-time Price: $0.2025 info
Change: -$0.2475 (-55%) info
Market Cap: $3.625M info
FMFC
Apr 17, 2026, 6:15 AM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.460
Real-time Price: $0.2025 info
Change: -$0.2575 (-56%) info
Market Cap: $3.625M info
FMFC
Apr 06, 2026, 4:01 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.3915
Real-time Price: $0.2025 info
Change: -$0.189 (-48%) info
Market Cap: $3.625M info
FMFC
Mar 24, 2026, 4:01 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.4747
Real-time Price: $0.2025 info
Change: -$0.2722 (-57%) info
Market Cap: $3.625M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets