TipRanks (Tue, 1-Sep 4:27 PM ET)
Kandal M Venture Limited Announces Financial Results for Full Fiscal Year Ended March 31, 2026
Globe Newswire (Thu, 30-Jul 8:35 AM ET)
Globe Newswire (Tue, 16-Jun 8:30 AM ET)
Kandal M Venture Ltd is a contract manufacturer of affordable luxury leather goods with its manufacturing operations in Cambodia. It manufactures handbags, such as shoulder bag, crossbody bag, tote bag, backpack, top-handle handbag, satchel and other smaller leather goods, such as wallets. Its customers are fashion brands in the United States. The company operates in a single business segment which is the business of contract manufacturing of handbags. Geographically, it operates in United States of America, Europe, Canada, Japan, and Others with the majority of revenue deriving from the United States of America.
Kandal M Venture Limited - Class A trades on the NASDAQ stock market under the symbol FMFC.
As of September 1, 2026, FMFC stock price was flat at $0.23 with 115,333 million shares trading.
FMFC has a beta of 1.80, meaning it tends to be more sensitive to market movements. FMFC has a correlation of 0.01 to the broad based SPY ETF.
FMFC has a market cap of $4.21 million. This is considered a Sub-Micro Cap stock.
FMFC has underperformed the market in the last year with a price return of -97.7% while the SPY ETF gained +19.3%. FMFC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -36.2% and -5.0%, respectively, while the SPY returned +1.0% and -1.4%, respectively.
FMFC support price is $.21 and resistance is $.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FMFC shares will trade within this expected range on the day.