Subscriptions was mF International’s largest product and service line in fiscal 2025, bringing in $15.17M of $33.82M (45%).
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Subscriptions | $11.41M | $11.45M | $11.42M | $15.17M | |
| Initial Set Up, Installation & Customization Services | — | $8.97M | $2.70M | $4.19M | |
| Service, Other | $7.14M | — | — | — | |
| Hosting, Support & Maintenance Services | — | $4.34M | $4.89M | $5.08M | |
| Hosting Support & Maintenance Services | $4.19M | — | — | — | |
| Liquidity Services | $6.70M | $2.63M | $1.90M | $1.41M | |
| Quotes/News/Package Subscription Services | — | $2.46M | $2.15M | $3.10M | |
| Subscription Services | $3.60M | — | — | — | |
| White Label Services | — | $2.12M | $3.02M | $4.89M | |
| Whitel Label Services | $1.89M | — | — | — | |
| Total | $34.93M | $31.96M | $26.09M | $33.82M |
mF International brought in $33.82M from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 29.7% from $26.09M in fiscal 2024. Subscriptions was the largest at $15.17M (44.8%), ahead of Hosting, Support & Maintenance Services at $5.08M (15.0%) and White Label Services at $4.89M (14.4%). The other three lines brought in $8.69M combined.
Compared with fiscal 2024, White Label Services grew fastest, up 61.9% to $4.89M, while Liquidity Services fell the most, down 26.1% to $1.41M.
mF International began breaking out Initial Set Up, Installation & Customization Services in fiscal 2023, Hosting, Support & Maintenance Services in fiscal 2023, Quotes/News/Package Subscription Services in fiscal 2023 and White Label Services in fiscal 2023. mF International stopped reporting Service, Other ($7.14M in fiscal 2022), Hosting Support & Maintenance Services ($4.19M in fiscal 2022), Subscription Services ($3.60M in fiscal 2022) and one other as separate lines.
Over Time was mF International’s largest revenue line in fiscal 2025, bringing in $32.42M of $33.82M (96%).
| Timing of Transfer of Good or Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Over Time | — | $29.33M | $24.18M | $32.42M | |
| Transferred Over Time | $28.23M | — | — | — | |
| Point In Time | — | $2.63M | $1.90M | $1.41M | |
| Transferred At Point In Time | $6.70M | — | — | — | |
| Total | $34.93M | $31.96M | $26.09M | $33.82M |
mF International brought in $33.82M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 29.7% from $26.09M in fiscal 2024. Over Time was the largest at $32.42M (95.8%), ahead of Point In Time at $1.41M (4.2%).
Compared with fiscal 2024, Over Time grew 34.1% to $32.42M, while Point In Time fell 26.1% to $1.41M.
mF International began breaking out Over Time in fiscal 2023 and Point In Time in fiscal 2023. mF International stopped reporting Transferred Over Time ($28.23M in fiscal 2022) and Transferred At Point In Time ($6.70M in fiscal 2022) as separate revenue lines.
mF International (MFI) reports its revenue by product and service and by timing of transfer of good or service. In fiscal 2025, Subscriptions was its largest product and service line, bringing in $15.17M (44.8% of the total), followed by Hosting, Support & Maintenance Services at $5.08M (15.0%).
Subscriptions was mF International's largest product and service line in fiscal 2025, bringing in $15.17M, or 44.8% of the $33.82M total across its six product and service lines.
Over Time was mF International's largest revenue line in fiscal 2025, bringing in $32.42M, or 95.8% of the $33.82M total across its two revenue lines.
Among mF International's product and service lines that make up at least 2% of revenue, White Label Services grew fastest in fiscal 2025, up 61.9% from $3.02M to $4.89M.
Every figure comes from mF International's annual financial filings, as reported. Each line keeps the name mF International gives it, and years follow its fiscal calendar.
mF International's revenue by product and service goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.