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Mega Fortune Co Ltd

corporate_fare Company Profile

Mega Fortune Co Ltd

MGRT·NASDAQ·Technology·CIK 0002033377

Mega Fortune is a holding company incorporated in the Cayman Islands on January 3, 2024. The company operates through its wholly owned subsidiaries, Ponte Fides Company Limited in the British Virgin Islands and QBS System Limited in Hong Kong. Mega Fortune is the parent company of Ponte Fides, which in turn wholly owns QBS System. QBS System was incorporated in Hong Kong on April 14, 2011. Prior to a reorganization, QBS System was entirely owned by Flywheel Advanced Technology, Inc. (FWFW:OTC US), an OTC listed company, which held 100 ordinary shares of QBS System. QBS System Pty Ltd was entirely owned by QBS System, with QBS System holding 1,000 ordinary shares of QBS System Pty Ltd. These 100 shares of QBS System and 1,000 shares of QBS System Pty Ltd represented all issued and outstanding shares of each respective company. As part of a reorganization, Mega Fortune was incorporated on January 3, 2024, and 100,000 ordinary shares were issued to FWFW by January 30, 2024. On February 6, 2024, Mega Fortune incorporated Ponte Fides in the British Virgin Islands, issuing 1,000 ordinary shares to Mega Fortune. On April 29, 2024, FWFW transferred all issued and outstanding shares of QBS System to Ponte Fides for HK$100. On July 8, 2024, QBS System Pty Ltd was sold to Wong Ka Ki, a related party.

Mega Fortune Co Ltd (NASDAQ:MGRT) is a publicly traded company in the Technology sector. Wiseek has independently scored 4 items for MGRT at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-29, rated 8/10. Across its 4 most recent items scored 7 or higher, the top rating is 9/10, with 3 rated 8 or above. Recent SEC coverage for MGRT spans 6-K, 20-F, SCHEDULE 13D.

Recent high-impact activity:

  • Mega Fortune Revenue Collapses 90% as Losses Hit $3.4M
  • Mega Fortune Co Ltd Reports Simultaneous CFO, COO, and Director Resignations and Appointments
  • Major Ownership Shift & Board Overhaul Follows Recent IPO; Strong Revenue Growth Amidst Cash Burn
  • New Investor Acquires Controlling 72.73% Stake, Triggers Board & Executive Overhaul

Financial Snapshot

Fiscal year ended September 30, 2025
Revenue
$11.09M
Net Income
$1.79M
Diluted EPS
$0.17
Op. Cash Flow
-$12M
Gross Profit
$5.62M
Operating Income
$2.25M
Cash & Equivalents
$764.76K
Total Debt
$661.75K
Debt / Equity
0.04×
Net Margin
16.1%
Shares Outstanding
13.75M sh
Source: 20-F · filed 2026-02-03 · accession 0001493152-26-004907

Short Interest & Short Volume

3.95 days to cover

FINRA reported short interest of 47,877 shares in MGRT as of the September 15, 2026 settlement, a 1.8% decrease from the prior period — about 4.0 days to cover at its recent average daily volume. On October 2, 2026, 32.5% of MGRT volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)47,877 shares as of September 15, 2026
Change vs prior period▼ 1.8%
Days to cover3.95 at avg daily volume of 12,136
Daily short volume (FINRA facilities)32.5% of 40 shares on October 2, 2026
5-day average short volume80.4%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Insider Transactions

MGRT 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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$101.6 -1.41% today
52-week range · as of 2026-09-29 $4.04 – $170
Market cap
$1.42B
Volume
4.8K (0.4× avg)
3-mo avg 12.5K
Live data · 2026-10-05 02:04 UTC · Market closed

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feed MGRT - Latest Insights

MGRT
Sep 29, 2026, 4:55 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $120.00
Real-time Price: $101.60 info
Change: -$18.40 (-15%) info
Market Cap: $1.416B info
MGRT
Apr 20, 2026, 4:30 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $137.02
Real-time Price: $101.60 info
Change: -$35.42 (-26%) info
Market Cap: $1.416B info
MGRT
Feb 03, 2026, 4:06 PM EST
Filing Type: 20-F
Importance Score:
9
Price at Filing: $5.50
Real-time Price: $101.60 info
Change: +$96.10 (+1,747%) info
Market Cap: $1.416B info
MGRT
Jan 26, 2026, 12:25 PM EST
Filing Type: SCHEDULE 13D
Importance Score:
9
Price at Filing: $6.21
Real-time Price: $101.60 info
Change: +$95.39 (+1,536%) info
Market Cap: $1.416B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets