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HONG KONG - m-FINANCE Limited, a subsidiary of mF International Limited (NASDAQ:MFI), a micro-cap company with $8.28M market capitalization and $3.88M in annual revenue, has entered into a strategic partnership with CBCX Markets Limited, aiming to enhance its forex and bullion trading solutions. According to InvestingPro analysis, the company currently shows a weak financial health score, making this strategic move particularly significant for its future prospects. The partnership is designed to provide brokerage clients with improved market access, execution, and trading conditions through CBCX’s institutional-level liquidity.
The collaboration is expected to offer tighter spreads and deeper liquidity, which m-FINANCE believes will lead to more efficient trading by reducing slippage and minimizing costs for end clients. The company maintains a strong current ratio of 3.05, indicating sufficient liquid assets to meet short-term obligations. Unlock more insights about MFI’s financial position with a comprehensive InvestingPro Research Report, part of our coverage of 1,400+ US equities. This move is part of m-FINANCE’s continuous effort to innovate and provide world-class trading solutions.
m-FINANCE’s proprietary technology, combined with CBCX’s liquidity solutions, is anticipated to enable rapid execution with minimal latency for broker clients, maintaining full straight-through processing connectivity. This integration is set to deliver an institutional-level trading experience that is competitive, transparent, and efficient.
Dick Tam, Executive Director and CEO of m-FINANCE, expressed confidence in the partnership, citing the company’s two-decade experience in the markets and CBCX’s strong reputation for delivering high-quality liquidity. Bilaal Adam, a Director at CBCX, echoed this sentiment, emphasizing their commitment to advanced liquidity solutions and the potential benefits for a broader network of brokers, hedge funds, and institutional clients.
The announcement includes forward-looking statements about the expected benefits of the partnership, which are subject to known and unknown risks and uncertainties. These statements reflect the company’s current expectations for the future and are not guarantees of performance. InvestingPro data shows the stock has faced significant challenges, with a -94.91% return over the past year and rapidly depleting cash reserves, highlighting the importance of this strategic partnership for the company’s future stability.
The information in this article is based on a press release statement from mF International Limited.
In other recent news, Maple Leaf Foods reported impressive financial results for the fourth quarter of 2024, with total sales reaching $1.24 billion, marking a 4.3% increase compared to the previous year. The company achieved a quarterly earnings per share (EPS) of $0.43, contributing to a full-year EPS of $0.79. The adjusted EBITDA for the quarter rose by 29% to $155 million, highlighting the company’s effective strategies in product innovation and operational efficiency. Additionally, Maple Leaf Foods announced plans to spin off Canada Packers in the second half of 2025, aiming for mid-single-digit sales growth and a target adjusted EBITDA of $634 million or more in 2025.
Analyst reactions have been positive, with the company’s stock experiencing a notable surge in premarket trading, reflecting strong investor confidence following the earnings announcement. The company expects to maintain momentum into 2025, despite potential challenges such as U.S. tariffs. Maple Leaf Foods’ strategic initiatives, including the "Fuel for Growth" program, have contributed to significant operational improvements, positioning the company for a transformational year ahead. The company continues to focus on sustainable meats and product innovation as key drivers of growth.
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