mF International Limited Reports Significant Growth in 2024 Annual Report

mF International Limited: A Year of Transformation

On April 23, 2025, mF International Limited, a prominent provider of financial trading solutions based in Hong Kong, filed its annual report on Form 20-F for the fiscal year that ended on December 31, 2024. The report showcases significant strides the company has made during a transformative year, particularly following its successful initial public offering (IPO) in April 2024.

Financial Performance Highlights

In the fiscal year 2024, mF International reported a revenue of HK$26.1 million, marking a growth trajectory that has impressed investors and market analysts alike. Importantly, the company's gross profit stood at HK$12.3 million. A notable element in the financial report is the dramatic increase in cash reserves, which strengthened to HK$22.0 million from HK$6.8 million year-over-year, suggesting robust financial health and stability.

The proceeds from the IPO, approximately US$5.7 million, have been strategically utilized for business development initiatives aimed at expanding market share within Asia. This proactive approach has allowed mF International to carve out a significant position in an increasingly competitive landscape.

Strategic Initiatives and Recent Developments

The beginning of 2025 marked a flurry of innovative advancements for mF International, particularly through its subsidiary m-FINANCE Limited. Recognized for its commitment to employee welfare, m-FINANCE received the Good MPF Employer Award for the 2023-24 period. This award reflects the company's dedication to ensuring the retirement security of its employees, underpinning its corporate social responsibility ethos.

Additionally, in February 2025, m-FINANCE unveiled an upgraded version of its mobile trading application, “Trader Pro.” This new iteration allows brokers to customize and launch their own branded trading platforms seamlessly, equipped with unique branding and color schemes. Such enhancements are pivotal in catering to the dynamic needs of brokers looking to differentiate themselves in the trading market.

In a strategic move aimed at fortifying its liquidity network, m-FINANCE partnered with CBCX Markets Limited in March 2025. This partnership is designed to enhance market access for brokerage clients, improving execution speeds while offering advanced trading conditions.