MINFT Ltd.
Slide 1 of 3
Company Overview
Name
NFT Ltd.
52W High
$8.61
52W Low
$1.57
Market Cap
$1.9M
Dividend Yield
0%
Price/earnings
-127.66
P/E
-127.66
Dividends
No dividend
Sentiment
Score
Mixed
50
Low
Neutral
High
0
50
100
Trade Volume
Score
Neutral
50
Low
Neutral
High
0
50
100
Slide 2 of 3
Income Statement
Total Revenue
Operating Revenue
Total Gross Profit
Total Operating Income
Net Income
EV to EBITDA
$0.00
EV to Revenue
$0.00
Price to Book value
$0.03
Price to Earnings
$0.25
Additional Data
No additional data available
Slide 3 of 3
Earnings History
Estimated EPS
Reported EPS
N/A Slide 1 of 5
Company Overview
Name
NFT Ltd.
52W High
$8.61
52W Low
$1.57
Market Cap
$1.9M
Dividend Yield
0%
Price/earnings
-127.66
P/E
-127.66
Dividends
No dividend
Slide 2 of 5
Sentiment
Score
Mixed
50
Low
Neutral
High
0
50
100
Trade Volume
Score
Neutral
50
Low
Neutral
High
0
50
100
Slide 3 of 5
Income Statement
Total Revenue
Operating Revenue
Total Gross Profit
Total Operating Income
Net Income
EV to EBITDA
$0.00
EV to Revenue
$0.00
Price to Book value
$0.03
Price to Earnings
$0.25
Slide 4 of 5
Additional Data
No additional data available
Slide 5 of 5
Earnings History
Estimated EPS
Reported EPS
N/AUpcoming Earnings
We were not able to find an announced earnings date for this symbol yet. Check back again later
Company Info
CEO
Kwok L. Li
Location
N/A, Hong Kong
Exchange
NYSE MKT
Website
https://nftoeo.com
Summary
Takung Art Co.
Company Info
CEO
Kwok L. Li
Location
N/A, Hong Kong
Exchange
NYSE MKT
Website
https://nftoeo.com
Summary
Takung Art Co.
Company FAQ
@autobot 5 months ago | 2023 - q3
What does this company do? What do they sell? Who are their customers?
NFT Ltd., operating under the name Takung Art Co., Ltd., runs an innovative electronic online platform catered towards artists, art dealers, and art investors. This platform specializes in the trade and offer of artwork through digital means, particularly non-fungible tokens (NFTs). This digital marketplace supports a wide array of art forms including traditional pieces like calligraphy and paintings, as well as more tactile forms such as sculptures and crafts. The company not only facilitates the trade of these digital assets but also offers consulting services related to NFTs to help others understand and navigate the emerging digital art market. Despite being stationed in Hong Kong, the company operates within a global digital landscape, connecting art creators with investors and enthusiasts worldwide.
What are the company’s main products or services?
NFT Ltd. provides a digital platform known as NFT Art Exchange, which is used for buying, selling, and trading artwork in the form of non-fungible tokens (NFTs).,The company facilitates the trading of diverse types of artwork such as paintings, sculptures, and antique furniture through its NFT platform.,Popular projects include 'Digital Monets' a collection inspired by impressionist art, and 'Sculptural Visions', which focuses on modern sculptural interpretations.,Beyond trading, NFT Ltd. offers consulting services under their NFT Advisory Program, providing expert guidance on NFT creation and market trends.,Their services extend to NFT verification and valuation, where they use blockchain technology to certify the authenticity and historical value of NFTs.
Who are the company’s main competitors?
OpenSea, a leading NFT marketplace known for its extensive catalog of digital assets.,Rarible, another prominent NFT marketplace, offering a decentralized platform for unique digital items.,Foundation, which focuses on creating digital art spaces and is known for its curated NFT collections.,SuperRare, specializing in premium single-edition digital artworks, targeting art collectors globally.,Nifty Gateway, recognized for hosting high-profile NFT drops and collaborations with famous artists.
What drives the company’s stock price?
NFT Ltd.'s stock price is driven by several factors, including recent earnings reports which show volatility in revenue streams tied to the fluctuating demand for NFTs. The company's earnings yield, while relatively stable, is impacted by broader macroeconomic trends such as shifts in digital asset investments and regulatory changes favoring digital currency trading. Recent announcements surrounding international regulations on NFTs and blockchain have introduced both challenges and opportunities for growth, directly impacting stock valuations. Market sentiment towards tech-driven art solutions also plays a crucial role, as increased interest tends to positively influence the stock.
What were the major events that happened this quarter?
During the most recent quarter, significant attention was placed on highlighting and expanding the digital art market via NFT sales. There was an emphasis on growing the company's consulting services to accommodate the rising interest in non-fungible tokens and digital art trading. While explicit new product launches weren't noted, the quarter focused on enhancing platform capabilities and optimizing the user experience, setting foundations for potential future releases and service enhancements. This period likely involved strategic planning and fostering partnerships with artists and dealers to expand the company's digital marketplace footprint.
What do you think will happen next quarter?
Looking ahead to the next quarter, NFT Ltd. is expected to continue its trajectory of expanding its digital platform and consulting capabilities. Anticipated growth in market demand for NFTs might prompt further platform enhancements and potentially new feature rollouts to cater to an increasing user base. Market predictions hint at potential partnerships or collaborations with globally recognized artists as a strategy to elevate platform prestige and attract higher-value transactions. Additionally, as digital currency regulations evolve, the company might focus more on compliance innovations to ensure its operations align with international standards.
What are the company’s strengths?
NFT Ltd.'s primary strengths rest in its niche market focus on digital art and non-fungible tokens (NFTs). Offering a specialized service within an emerging market gives the company a competitive edge and positions it as a pioneer in combining art and digital asset technology. The company's ability to offer consulting services adds a layer of expertise and guidance for clients navigating the multifaceted NFT landscape. Furthermore, by leveraging modern, tech-forward approaches, the company aligns itself well with digital transformations impacting the broader art and asset auction industries, ensuring resilience and relevance.
What are the company’s weaknesses?
The company faces several vulnerabilities, most notably the financial instability exemplified by negative earnings metrics. With a low market cap and unclear profitability metrics, NFT Ltd.'s financial health presents a significant concern. The niche nature of its offerings means the company is highly susceptible to fluctuations in the popularity and acceptance of NFTs, making it dependent on market sentiment swings. A limited employee base further poses risks concerning operational scalability and innovation capacities, thereby threatening long-term strategic objectives if markets rapidly evolve or demand surges unexpectedly.
What opportunities could the company capitalize on?
NFT Ltd. has several promising avenues for growth, especially leveraging the booming interest in digital assets and blockchain-based transactions. As awareness and acceptance of NFTs grow globally, the company can capitalize on this trend by expanding its platform's reach and enhancing its service offerings. International markets present untapped potential, where strategic partnerships with established artists and institutions could bolster brand visibility and client trust. Additionally, as technology evolves, exploring integrations with augmented reality (AR) or virtual reality (VR) to offer immersive art experiences could attract a new demographic of art enthusiasts and collectors.
What risks could impact the company?
NFT Ltd. faces external risks including volatile market conditions where fluctuations in NFT demand can dramatically impact the company's revenue streams. Regulatory shifts, particularly surrounding digital assets and blockchain technologies, pose potential legal and compliance challenges that can disrupt operations if not adequately addressed. Internal risks stem from financial uncertainties due to negative earnings and limited capitalization, which may restrict the company's ability to invest in growth opportunities or weather market downtrends. Moreover, rapid industry innovation necessitates constant technological upgrades and market adaptation to remain competitive.
What’s the latest news about the company?
Recent news does not directly involve NFT Ltd. but highlights broader technological achievements and expansions by companies like Xiaomi, indicating a market shift towards digital integration and innovation which could indirectly impact NFT Ltd.'s market environment. Innovations in other tech fields, as shown in Xiaomi's increasing involvement in AI and expansion of smart devices, mark a precedent for tech-driven industries to leverage new technologies in expansive ways. This could encourage NFT Ltd. to explore how technological advancements might enhance its own trading platform, further embracing digital transformation trends.
What market trends are affecting the company?
The digital asset market is witnessing significant transformations with increased consumer interest in non-fungible tokens (NFTs) and blockchain technologies. Major advancements in cross-platform integrations and digital trading are reshaping how assets are bought, sold, and owned globally. There's a clear trend toward expanding digital art as an investment class, and as technological adaptations proliferate, markets are increasingly open to diverse and innovative digital products. Moreover, regulatory evolutions and technological innovations are pivotal in shaping industry contours, ensuring market players like NFT Ltd. remain adept and responsive to the rapidly changing landscape.
Price change
$2.35
