Professional
Added to YB: 2024-04-05
Pitch date: 2024-04-04
MPU [bearish]
Mega Matrix Inc.
+50.93%
current return
Author Info
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Company Info
Mega Matrix Inc. operates streaming platform in the vertical screen entertainment through its FlexTV.
Market Cap
$201.3M
Pitch Price
$2.69
Price Target
0.50 (-62%)
Dividend
N/A
EV/EBITDA
-27.44
P/E
-12.52
EV/Sales
5.52
Sector
Entertainment
Category
N/A
Show full summary:
Mega Matrix Corp’s Recent Acquisition, FlexTV, Appears To Already Be Its 5th Consecutive Business Failure – 50c Price Target
MPU: Abandoned all prior biz, now solely reliant on FlexTV short drama app acquired for $1.1M. Mkt cap inflated to $100M+. App not in top 100 vs competitors. Mgmt has no media experience. Leader ReelShort did $22M rev in '23. Risks: More failures like before, massive dilution. 50c PT.
Read full article (9 min)