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MindForge Inc (MF)

USD13.30 +3.30 (+33.00%) Real-time quote Market open 09:30 AM – 04:00 PM · New York
CN NASDAQ Technology Software - Application
Address 1 Linkong Er Road 101307
Beijing, BJ, CN
CEO Jian Chen
IPO 2024-03-28
CIK 1888525 ISIN KYG9161K1206

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Also trades on NASDAQ Capital Market · MF (USD) NASDAQ Capital Market · UBXG (USD)
Description

MindForge Inc. (formerly U-BX Technology) is a publicly traded company on the Nasdaq under ticker MF. It operates a dedicated jobsite communication and training platform for the construction industry. Its mobile and web app connects general contractors, subcontractors, and frontline workers to streamline safety orientations and improve jobsite alerts.

News tone history

This chart could not be calculated due to insufficient data.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Index membership

IndexAddedRemovedStatus
S&P 500 1957-03-03 1982-06-17 Removed
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD13.30 +3.30 (+33.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
-5.52
Float Shares
593.1K
Free Float %
32.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+33.00% -3.66% +58.73% +163.85% -78.38% -80.00% -85.82% -99.39% -99.39% -99.39% -99.39%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
13.30
DCF (Our base case) 12.03 -9.5%

Our base case: no analyst estimates for this company, so first-year revenue growth (-14.8%) fades to the long-term rate over the ten projected years, discounted at the market cost of equity (9.5%, risk-free rate + equity risk premium).

Reverse DCF — what the price already assumes: to be worth today's quote, the company would have to grow revenue ~-8.0%/yr for the next decade with every other assumption unchanged.

These figures are point estimates: a small change in growth or in the discount rate moves them materially, so read them as a reference and not as a target.

Quality scores
Altman Z-Score
8.33
Safe zone
Piotroski F-Score
2 / 9
Weak
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High

Composite Rating as of 07.08.2026

Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-5.52) × ERP
WACC = 88% × Ke + 12% × Kd (8.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 13.30
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

The sliders start from our base case, built on the latest reported accounts and today's market conditions. Move them to test your own assumptions: the value per share above is only as good as the assumptions behind it.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Jun 2025
actual
Jun 2026
1 Rev. Ana.
1 EPS Ana.
Revenue
72.36M
est: 6.84B (-98.9%)
86.68M
est: 2.76B (-96.9%)
94.32M
est: 56.73B (-99.8%)
51.60M
est: 60.83B (-99.9%)
29.67M
est: 8.33B (-99.6%)
8.60B
8.60B – 8.60B
+3.2% YoY
EBITDA
231.4K
est: -3.17B (+100.0%)
225.3K
est: -1.28B (+100.0%)
247.3K
est: -26.32B (+100.0%)
-581.6K
est: -28.22B (+100.0%)
-2.90M
est: -167.62M (+98.3%)
-173.06M
-173.06M – -173.06M
-3.2% YoY
EBIT
230.3K
est: -3.30B (+100.0%)
223.5K
est: -1.33B (+100.0%)
245.3K
est: -27.38B (+100.0%)
-593.2K
est: -29.36B (+100.0%)
-2.92M
est: -169.17M (+98.3%)
-174.66M
-174.66M – -174.66M
-3.2% YoY
Net Income
-9.6K
-49.0K
205.9K
est: 262.47M (-99.9%)
-748.5K
est: 326.46M (-100.2%)
-2.72M
est: 1.71M (-259.2%)
1.01M
1.01M – 1.01M
-40.9% YoY
SGA
1.12M
est: 3.80B (-100.0%)
1.34M
est: 1.54B (-99.9%)
1.46M
est: 31.55B (-100.0%)
1.57M
est: 33.83B (-100.0%)
3.36M
est: 316.71M (-98.9%)
326.99M
326.99M – 326.99M
+3.2% YoY
EPS
-0.26
-0.85
3.50
est: 34.34 (-89.8%)
-11.75
est: 42.72 (-127.5%)
-9.25
est: 5.85 (-258.0%)
3.46
3.46 – 3.46
-40.9% YoY
Analyst Consensus (1 analyst) Buy
Ratings Trend (MoM) 100% Bullish
Rating 2026-07 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Ratings History
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-08-07 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-08-06 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-08-05 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-08-04 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-08-03 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-31 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-30 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-19 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-15 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-14 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-13 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-10 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-09 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-08 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-07 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-06 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-02 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-07-01 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-30 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-26 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-25 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-18 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-15 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-12 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-11 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-10 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-09 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-08 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-05 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-04 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-03 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-02 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-06-01 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-26 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-19 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-18 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-15 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.08M
OE per share TTM
-8.79
Owner's Yield
-18.66%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
1.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
17
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Zheng Xu 86.38M 12.20% 86.38M 68.89M IN Hong Kong Special Administrative Region of the People’s Republic of China 2022-01-24
2 Charles P. Coleman III 78.38M 12.64% 78.38M 78.38M HC, IN 2022-02-14
3 Scott Shleifer 78.38M 12.64% 78.38M 78.38M HC, IN 2022-02-14
4 Tiger Global Management, LLC 78.38M 12.64% 78.38M 78.38M IA, OO 2022-02-14
5 Tiger Global PIP Management X, Ltd. 77.99M 12.58% 77.99M 77.99M CO 2022-02-14
6 Tiger Global PIP Performance X, L.P. 77.99M 12.58% 77.99M 77.99M PN 2022-02-14
7 Tiger Global Private Investment Partners X, L.P. 77.99M 12.58% 77.99M 77.99M PN 2022-02-14
8 Freshking Limited 68.89M 9.80% 68.89M 68.89M CO Hong Kong Special Administrative Region of the People’s Republic of China 2022-01-24
9 Tencent Holdings Limited 55.58M 9.00% 55.58M 55.58M CO 2022-02-10
10 Image Frame Investment (HK) Limited 51.08M 8.20% 51.08M 51.08M CO 2022-02-10
11 Genesis Capital I LP 45.43M 6.40% 45.43M 45.43M PN 2022-02-10
12 Genesis Capital Ltd 45.43M 6.40% 45.43M 45.43M CO 2022-02-10
13 Yuan Capital Ltd 45.43M 6.40% 45.43M 45.43M CO 2022-02-10
14 Zhijian Peng 45.43M 6.40% 45.43M 45.43M IN 2022-02-10
15 GFC2 Ltd 43.92M 6.20% 43.92M 43.92M CO 2022-02-10
16 Investment Strategies, LLC, "Goldman Sachs Asset Management") 22.81M 11.00% 13.00 22.81M 22.81M IA Delaware 2021-09-10
17 (1) BlackRock, Inc. 307.5K 4.50% 307.5K 307.5K HC Delaware 2023-04-06

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 ProShares Global Listed Private Equity ETF PEX 3.74% 434.1K 2.95%
2 Schwab International Small-Cap Equity ETF SCHC 0.09% 5.14M 0.06%
3 State Street SPDR Portfolio Europe ETF SPEU 0.02% 118.7K 0.07%
4 State Street SPDR Portfolio Developed World ex-US ETF SPDW 0.01% 3.33M 0.03%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-51.2K
Shares Outstanding
1.82M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Capital raised Filing
2026-07-17 6-K
2026-05-27 6-K
2026-05-08 424B5
2026-04-28 6-K
2026-04-28 424B5
2026-04-27 6-K
2026-04-27 6-K
2026-04-03 6-K
2025-12-15 EFFECT
2025-12-09 F-3/A
ESG Rating
B
SOFTWARE - INFRASTRUCTURE
Ahead of 28% of its industry
Rank 109 of 151
Rating FY 2023
E (Environmental)
61.5 / 62.5
Company / Industry avg. · 207 companies
S (Social)
59.5 / 64.5
Company / Industry avg. · 207 companies
G (Governance)
62.5 / 63.1
Company / Industry avg. · 207 companies
ESG Total
61.1 / 63.3
Company / Industry avg. · 207 companies

Scores from the annual report (20-F) for the fiscal year ending Jun 30, 2024. View filing at sec.gov

There is no annual report on file for this company for any fiscal year after 2024, so the scores above stay at that year. There are more recent scores: they come from the shorter documents the company files during the year, and you can see them in the chart below as the separate dots. They are left out of this block because a score taken from one of those documents is not comparable with an annual one.

ESG Score History Software - Application
Benchmark vs Industry
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings reports

Stock splits