---
title: "Kandal M Venture (FMFC.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/FMFC.US/norm.md"
symbol: "FMFC.US"
name: "Kandal M Venture"
parent: "https://longbridge.com/en/quote/FMFC.US.md"
datetime: "2026-03-09T21:01:46.660Z"
locales:
  - [en](https://longbridge.com/en/quote/FMFC.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/FMFC.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/FMFC.US/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/FMFC.US/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/FMFC.US/norm.md)


# Kandal M Venture (FMFC.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0138 | -0.0138 | 0.0204 | 0.0204 | 0.0111 |
| ROE | -233.77% | -147.48% | 158.82% | - | 420.80% |
| Revenue | 3.83M | 3.83M | 4.76M | 4.76M | 2.98M |
| Net income | -220974.00 | -220974.00 | 325811.00 | 325811.00 | 177188.00 |
| Operating income | -284694.00 | -284694.00 | 472153.00 | 472153.00 | 290869.00 |
| Gross margin | 14.23% | 14.23% | 23.80% | 23.80% | 25.14% |
| Net margin | -5.77% | -5.77% | 6.84% | 6.84% | 5.94% |
| Profit quality | -280.68% | -280.68% | 48.88% | 48.88% | 50.84% |

## Balance Sheet (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 10.07M | 10.07M | 10.41M | 10.41M | 10.18M |
| Leverage | 26.63 | 26.63 | 12.69 | 12.69 | 60.43 |
| BVPS | 0.0236 | 0.0236 | 0.0513 | 0.0513 | 0.0105 |
| Turnover | 1.70 | - | - | - | 1.74 |
| Cash & STI | 171457.00 | 171457.00 | 102197.00 | 102197.00 | 303788.00 |
| Inv & Rec | 1.65M | 1.65M | 1.39M | 1.39M | 1.80M |
| LT assets | 651084.00 | 651084.00 | 781235.00 | 781235.00 | 897241.00 |
| Net debt | 5.09M | 5.09M | 5.48M | 5.48M | 7.12M |

## Cash Flow Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 101429.00 | 101429.00 | 965854.00 | 965854.00 | 572125.00 |
| Investing CF | -272828.00 | -272828.00 | -18092.00 | -18092.00 | -53266.00 |
| Financing CF | 205928.00 | 205928.00 | -1.05M | -1.05M | -426939.00 |
| Free CF | -112858.00 | 596857.00 | 353099.00 | - | 246658.00 |
| OCF coverage | 63.19% | 63.19% | 103.53% | 103.53% | 2045.35% |
| Repaid & issued | - | - | - | - | 999636.00 |
| CapEx | -482.00 | -482.00 | -7873.00 | -7873.00 | -10381.00 |