Mega Matrix (MPU) EV to FCF (2023 - 2025)
Mega Matrix (MPU) posted EV to FCF of 22.4 for Q4 2025, down 139.86% on a QoQ basis from 9.34 in Q3 2025, and up 54.55% year-over-year from 14.5 in Q4 2024.
Analysis
Mega Matrix (MPU) EV to FCF (2023 - 2025) Analysis & Trends
Mega Matrix has reported EV to FCF for 3 years, with the latest figure at 22.4 in Q4 2025.
- On a quarterly basis, EV to FCF rose 54.55% year-over-year to 22.4 in Q4 2025; TTM through Dec 2025 was 6.44, a 177.85% decrease from a year earlier, with the FY2025 full-year figure at 6.44, down 177.85% from the prior year.
- EV to FCF was 22.4 for Q4 2025 at Mega Matrix, down from 9.34 in the prior quarter.
- The five-year high for EV to FCF was 225.58 in Q1 2024, with the low at 81.08 in Q2 2025.
- Average EV to FCF over 3 years is 5.34, with a median of 9.58 recorded in 2024.
- The largest YoY upside for EV to FCF was 54.55% in 2025 against a maximum downside of 765.6% in 2025.
- Over 3 years, EV to FCF stood at 10.86 in 2023, then plunged by 353.85% to 49.29 in 2024, then jumped by 54.55% to 22.4 in 2025.
- The last three EV to FCF figures came in at 22.4 (Q4 2025), 9.34 (Q3 2025), and 81.08 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn |
| 10 | Mega Matrix | 8.76 Mn | 1.45 Mn | 3.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -22.40 |
| Sep 30, 2025 | -9.34 |
| Jun 30, 2025 | -81.08 |
| Mar 31, 2025 | -7.16 |
| Dec 31, 2024 | -49.29 |
| Sep 30, 2024 | -9.58 |
| Jun 30, 2024 | 12.18 |
| Mar 31, 2024 | 225.58 |
| Dec 31, 2023 | -10.86 |