MPU
Mega MatrixยทAMEX
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MPU Profile
Mega Matrix Inc.
A holding company that provides ETH pledge business, GameFi business, and leases regional aircraft to domestic and foreign regional airlines
Business Services and Business Supplies
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01/16/1998
American Stock Exchange
11
12-31
Common stock
103 Tampines Street 86 #03-06, The Alps Residences, Singapore 528576
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Mega Matrix Inc. is a Cayman Islands registered company. The company owns local aircraft and engines, which are typically leased to customers through triple net leases. "Operating lease" as defined by the company means that the lease term is less than the useful life of the asset. "Triple Net Operating Lease" is a form of lease under an operating lease in which, in addition to paying monthly rent during the lease term, the lessee also undertakes taxes, insurance and daily operation and maintenance of the aircraft. Debt financing is often used to acquire such equipment. The company's profitability and cash flow are largely dependent on its ability to acquire equipment and maintain favorable rental rates. The company's operations are affected by the lessee's credit risk, which includes the timely payment of rent and the fulfillment of equipment maintenance responsibilities. Because the lease rate of assets will decrease as the number of years of use of the assets increases, the company's ability to acquire and lease additional assets depends on the company's ability to maintain revenue.
