M2i Global, Inc. (MTWO)
M2i Global, Inc. focuses on development and execution of a value supply chain for critical minerals for the government and free trade partners in the United States. The company operates through three segments: Scrap & Recycling; Mining, Processing, and Refining; and Government and Defense Industrial Base. It intends to develop and supply the U.S sanctioned value chain of critical metals; establish a source of critical metals from scrap and recycling of metals; and create and manage a strategic minerals reserve. The company has a strategic collaboration agreement with SMX (Security Matters) PLC to support a pilot initiative involving the application of physical and digital shipment-assurance technologies and digital traceability, custody, and commercialization workflows. The company was formerly known as Inky Inc. and changed its name to M2i Global, Inc. in June 2023. M2i Global, Inc. was incorporated in 2018 and is based in Incline Village, Nevada.
Sector: Wholesale-Metals & Minerals (No Petroleum)
Industry: Industrial Materials
M2i Global, Inc.
OTC:MTWOTechnology · Software - Application
-14.67%$0.0168
Mkt Cap$16.03M
Float953.56M
O/S953.66M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$6.49M
Total Assets$488K
Free Cash Flow-$4.24M
Debt & Equity
Total Debt$270K
Total Equity-$7.05M
Preferred Stock$100
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MTWO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$488K
Liabilities$7.54M
Accounts Receivable$0
Accounts Payable$2.75M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Revenue | $0 | $0 | $3K | $1K | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | 240.0% | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $21K | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | -$17K | $1K | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | -503.0% | 100.0% | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $5.97M | $3.8M | $1.87M | $67K | $18K | $19K | $15K | $5K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $5.97M | $3.8M | $281K | $67K | $18K | $19K | $15K | $5K |
| Operating Income (EBIT) | -$5.97M | -$3.8M | -$298K | -$66K | -$18K | -$19K | -$15K | -$5K |
| Operating Margin | - | - | -8758.2% | -6644.2% | - | - | - | - |
| Interest Expense | $135K | $92K | $11K | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$520K | -$92K | -$1.69M | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$6.49M | -$3.89M | -$1.99M | -$66K | -$18K | -$19K | -$15K | -$5K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$6.49M | -$3.89M | -$1.99M | -$66K | -$18K | -$19K | -$15K | -$5K |
| Net Income Margin | - | - | -58534.2% | -6644.2% | - | - | - | - |
| Supplementary Data | ||||||||
| EPS | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Weighted Average OS | 647.80M | 548.20M | 280.87M | 5.09M | 5.09M | 5.09M | 5.09M | 5.09M |
| EBITDA | -$6.36M | -$3.8M | -$1.96M | $0 | $0 | $0 | $0 | -$5K |
| EBITDA Margin | - | - | -57615.7% | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $411K | $80K | $48K | $114 | $114 | $11K | $391 | $5K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $411K | $80K | $48K | $114 | $114 | $11K | $391 | $5K |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $77K | $5K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $488K | $85K | $48K | $14K | $19K | $12K | $391 | $7K |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $112K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $0 | $0 | $112K | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $488K | $85K | $48K | $126K | $19K | $12K | $391 | $7K |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $2.75M | $2.01M | $237K | $476 | $2K | $0 | $0 | $2K |
| Short-Term Debt | $270K | $609K | $850K | $73K | $38K | $28K | $17K | $6K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | -$2K | $0 | $0 | -$2K |
| Other Current Liabilities | $4.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $7.54M | $2.62M | $1.09M | $122K | $40K | $28K | $17K | $8K |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $7.54M | $2.62M | $1.09M | $122K | $40K | $28K | $17K | $8K |
| Stockholders' Equity | ||||||||
| Preferred Stock | $100 | $100 | $100 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $713K | $582K | $514K | $7K | $5K | $5K | $4K | $4K |
| Retained Earnings | -$12.49M | -$6M | -$2.11M | -$124K | -$57K | -$39K | -$20K | -$5K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $4.73M | $2.89M | $561K | $120K | $32K | $19K | $0 | $0 |
| Total Equity | -$7.05M | -$2.53M | -$1.04M | $4K | -$21K | -$16K | -$16K | -$900 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $488K | $85K | $48K | $126K | $19K | $12K | $391 | $7K |
| Supplementary Data | ||||||||
| Total Debt | $270K | $609K | $850K | $73K | $38K | $28K | $17K | $6K |
| Net Debt | -$141K | $529K | $802K | $73K | $38K | $16K | $16K | $850 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Operating Activities | ||||||||
| Net Income | -$6.49M | -$3.89M | -$1.99M | -$66K | -$18K | -$19K | -$15K | -$5K |
| Depreciation & Amortization | $0 | $0 | $21K | $66K | $18K | $19K | $15K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $738K | $884K | $233K | -$1K | $2K | $0 | -$2K | $0 |
| Other Working Capital | -$72K | $885K | $30K | $55K | -$19K | -$379 | $2K | $50 |
| Total Working Capital Change | $667K | $1.77M | $263K | $53K | -$17K | -$379 | -$50 | $50 |
| Other Non-Cash Items | $1.59M | $20K | $95K | -$66K | -$18K | -$19K | -$15K | $0 |
| Net Cash from Operating | -$4.24M | -$2.1M | -$1.61M | -$13K | -$35K | -$20K | -$15K | -$5K |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $0 | -$2 | -$21K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | -$21K | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||
| Debt Repaid | - | - | - | - | -$11K | -$11K | -$11K | - |
| Common Stock Issuance | $770K | $2.4M | $1.24M | $0 | $13K | $20K | $0 | $4K |
| Common Stock Repurchases | $0 | $0 | -$435K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $4.14M | -$5K | $0 | $0 | $0 | $0 | $0 | $10K |
| Net Cash from Financing | $4.57M | $2.13M | $1.66M | $34K | $24K | $30K | $11K | $10K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $331K | $32K | $48K | $0 | -$11K | $11K | -$5K | $5K |
| Supplementary Data | ||||||||
| Operating Cash Flow | -$4.24M | -$2.1M | -$1.61M | -$13K | -$35K | -$20K | -$15K | -$5K |
| Capital Expenditure | -$4 | $0 | -$2 | -$21K | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$4.24M | -$2.1M | -$1.61M | -$34K | -$35K | -$20K | -$15K | -$5K |
| Cash at Beginning | $80K | $48K | $114 | $114 | $11K | $391 | $5K | $0 |
| Cash at End | $411K | $80K | $48K | $114 | $114 | $11K | $391 | $5K |