Miracll Chemicals Co.,Ltd researches, develops, manufactures, and sells thermoplastic polyurethane (TPU) elastomers and polyol specialty products. It offers polyester, polyether, thermoplastic olefin polyurethane, and polycaprolactone based TPUs; expandable and expanded, and functional TPUs; and hot melt and solvent-based adhesive TPUs. The company provides its products for use in electronics, sports and leisure, automotive, medical, green energy, home life, 3D printing, and industrial applications. Miracll Chemicals Co.,Ltd was founded in 2009 and is based in Yantai, China.

Miracll Chemicals Co.,Ltd

CommerceIQ provides an AI-driven platform that offers insights and control over Amazon sales, advertising, and supply chain operations. The platform integrates various ecommerce functionalities to enhance sales management.

Guru Hariharan

CommerceIQ

Nuvemshop provides an online platform for users to create and manage their virtual stores. It offers various solutions for e-commerce, such as payment processing and logistics, aimed at helping businesses sell products online.

Nuvemshop

Arcadier provides digital marketplace technology aimed at helping businesses expand their sales channels and enter new markets, with customizable features and seamless integration capabilities.

Arcadier

MIRACL offers a cloud-based platform for passwordless, multi-factor authentication (MFA) that allows secure login from any device in two seconds. It claims to provide top-notch security with advanced cryptographic techniques and a high login success rate, self-described as the industry leader.

MIRACL

MIRACL | The login you love | 2,250 followers on LinkedIn. Secure, simple, affordable MFA in 2 seconds. | MIRACL provides the world’s only user-friendly, single step Multi-Factor Authentication (MFA) and Digital Signing service. Secure MFA in 2 seconds.

MIRACL Trust® ID blocks 98% of all attacks* and eliminates the need for outdated security practices such as passwords, SMS Texts, push notifications and key-cards.

Rob Griffin

Michael Tanaka

Performance Coach

Anthony OMara

COO at MIRACL, CTO at Kavedon Kapital

Grant Wyatt

MIRACL | The login you love

One of the most important measures of online user experience is the Login Success Rate. Many product owners struggle to tie down this metric because their systems don't adequately distinguish between the vast volume of bot traffic and legitimate users attempting to log in. Data released this month clearly illustrates the the importance of the Login Success Rate, particularly for users aged under 35 who are particularly intolerant of login friction.

MIRACL and Continent 8 Join Forces to Elevate Cybersecurity for iGaming and Online Sports Betting 🔒 MIRACL | The login you love passwordless MFA solution enhances Continent 8 Technologies robust cybersecurity offering, delivering secure, streamlined authentication for iGaming and online sports betting operators worldwide. MIRACL, a leader in passwordless multi-factor authentication (MFA), has announced a strategic partnership with Continent 8 Technologies, the world’s leading provider of managed hosting, cloud, and cybersecurity solutions for the iGaming and online sports betting industry. The collaboration brings MIRACL’s single step, passwordless MFA solution to Continent 8’s comprehensive cybersecurity suite, enabling faster ⚡, more secure 🔒 login experiences while enhancing regulatory compliance ✅ for operators. “The shift to mandated MFA by regulators is transforming the industry, and MIRACL meets 100% of these requirements while greatly improving the user experience,” said Rob Griffin Co-Founder & CEO of MIRACL. “Partnering with Continent 8, a trusted authority in iGaming cybersecurity, allows us to deliver our secure, frictionless authentication solution to a global audience.” This partnership empowers gaming operators to protect their users from cyber threats 🛡️ while reducing costs 💰, improving conversions 📈, and delivering a frictionless user experience—all through MIRACL’s zero-knowledge, single-step authentication technology. Together, MIRACL and Continent 8 offer a compelling solution to meet the rapidly evolving demands of the iGaming sector.

🚨 Gaming legislation is evolving rapidly across Latin America and North America as online gambling continues to grow! 🌎 Both regions are approaching regulations for online gaming and sports betting differently, creating a complex and diverse legal landscape. At MIRACL, we specialize in passwordless multi-factor authentication (MFA) 🔐, ensuring compliance with these new regulatory demands. Through partnerships like Salsa Technology , we're delivering secure and seamless authentication solutions to meet the latest legal requirements across both continents. As more countries in Latin America and North America implement mandatory MFA to enhance user security, we're here to ensure gaming platforms are ready for the future! 🚀 Meet us at Global Gaming Expo Las Vegas to explore how we’re driving the next wave of secure gaming! 💡 #LatinAmerica #NorthAmerica #OnlineGaming #MFA #CyberSecurity #GamingExpo #Miracl #GlobalGamingExpo #iGaming #TechInnovation #UserSecurity #GamblingRegulation #SalsaTechnology #FutureOfGaming

The future of gaming is passwordless and all about bringing the best user experience to players while simultaneously securing their accounts and personal data, as multi-factor authentication enables. MIRACL | The login you love is delighted to be working with the trail-blazing platform WA.Technology

WA.Technology and MIRACL | The login you love are delighted to announce and exciting new partnership, to enhance both user experience and security for iGaming Operators and their players, with immediate effect. #B2B #iGaming #CyberSecurity #MFA #iGaming #GamingCompliance

According to Cifas 2024 report, account takeover ( #ATO ) grew in the last 12 months by: 📈 142% in e-commerce 📈 125% in asset finance 📈 108% in communications 📈 106% in loans In response, regulators are increasingly looking to mandate Multi-Factor Authentication 🔐. At the same time, Artificial Intelligence and Large Language Models are enabling hackers to cheaply mass-produce highly effective phishing attacks 🎣. Here’s the problem: over 90% of multi-factor authentication solutions ARE PHISHABLE ⚠️. Not all MFA solutions are the same. MIRACL's single-step MFA prevents all forms of network-based cyber attack while offering a 99.9% Login Success ✅ vs SMS 2FA or Authenticator apps at <90%. 🔒 Redefine your security strategy with MIRACL | The login you love arrange a meet with our very own Rob Griffin at SBC #SBCSummit #CyberSecurity #MFA #iGaming #GamingCompliance

🔒 MFA is Becoming a Global Gaming Compliance Standard 🌍 As the gaming industry evolves, Multi-Factor Authentication (MFA) is rapidly becoming a regulatory requirement in major markets. This shift isn't just about compliance, it's about enhancing user experience and security. 🚀 MIRACL | The login you love integrates seamlessly with KYC solutions, offering a smooth transition to a passwordless future. Imagine a world without usernames and passwords - just secure, frictionless access for your players. Attending SBC Lisbon? Then why not schedule a meeting with our Co-Founder & CEO Rob Griffin 📆 ⬇ https://lnkd.in/eCMmS8Sk #GamingCompliance #MFA #CyberSecurity #Passwordless #KYC #UserExperience #GamingIndustry #DigitalSecurity #SBCLisbon #MIRACL #TechInnovation #GlobalStandards #GamingRegulations #DataProtection #SecureLogin #iGaming

🚀 Unlock 1000%+ ROI with MIRACL! 🚀 🔑 Boost Revenue: Higher login success rate = Increased Traffic Superior UX = Higher Monetization No password needed = More Registrants Fewer lost customers due to failed resets 💰 Cut Costs: Lower customer support costs Fewer chargebacks & disputed bets Ready to take your platform to the next level? Let's meet at #SBCSummit 🔗 https://lnkd.in/eCMmS8Sk #MIRACL #OnlineOperators #DigitalTransformation #Authentication #ROI

🌟 Exciting News from Miracl! We're thrilled to announce that MIRACL | The login you love will be attending the SBC Lisbon on September 24-26th! This premier event brings together leaders and innovators from across the sports betting and iGaming industries, offering a unique platform to explore the future of digital gaming. As a pioneer in passwordless authentication, we’re looking forward to connecting with industry experts, showcasing our secure and seamless solutions, and discussing how Miracl can support the growing needs of the iGaming and sports betting sectors. If you’re attending the SBC Summit, don’t miss the chance to meet Rob Griffin and the team and discover how we can help enhance your user experience while ensuring top-notch security. See you in Lisbon! #Miracl #SBCLisbon #SBCSummit #iGaming #SportsBetting #Cybersecurity #Passwordless #Innovation

🔢 Elevate your digital security with MIRACL, a cloud-based platform offering passwordless, multi-factor authentication for any device. #MIRACL #BusinessSoftware #CyberSecurity #iGaming #MFA #passwordless

Metric
Company Name	Miracll Chemicals Co.,Ltd	CommerceIQ	Nuvemshop	Arcadier
Symbol	300.85K
MSH ID	COM:MIRACL	AI:COMMERCEIQ	BR:COM:NUVEMSHOP	COM:ARCADIER
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Basic Materials	Technology	Consumer Services	Technology
Industry	Chemicals - Specialty	Ecommerce	E-commerce	E-commerce
Country	CN	US	BR	SG
Stage			Series E
Employee Count	564	583
Website	miracll.com	commerceiq.ai	nuvemshop.com.br	arcadier.com
LinkedIn	miracl	commerceiq	nuvemshop
Founders

Metric
Market Cap	870.50M
Enterprise Value
Monthly Web Traffic		8.55K	1.59M
Web Traffic Growth		0.24	0.02
Valuation
Raised Capital			500M

Metric
Revenue	202.90M
Revenue (LTM)
Revenue (NTM)
Gross Profit	28.49M
EBITDA	15.77M
Operating Income	11.87M
Net Income	12.09M
EPS	0.04
Diluted EPS	0.04
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.15
Operating Profit Margin	0.07
EBITDA Margin	0.08
Net Profit Margin	0.07
Return on Equity	0.09
Return on Assets	0.03
Return on Capital Employed	0.05

3008

COM:MIRACL

MIRACL

Last Close

18.70

25/11 07:04

Market Cap

6.33B

Beta: -

Volume Today

2.73M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	35.43
P/B Ratio	2.82
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	4.89
EV Multiple	76.29

Metric
Days Sales Outstanding	85.18
Days Payables Outstanding	220.76
Days Inventory Outstanding	101.86
Operating Cycle	219.93
Cash Conversion Cycle	139.58
Asset Turnover	0.49

Metric
Operating Cash Flow	31.67M
Free Cash Flow	-76.49M
Cash Flow to Debt	0.35
Operating Cash Flow/Sales	0.13
Free Cash Flow Yield	-0.19

Metric
Cash & Equivalents	126.61M
Accounts Receivable	-79.55M
Inventory	43.38M
Goodwill
Debt to Capitalization	0.56
Debt to Assets	0.17
Current Ratio	1.67
Quick Ratio	1.26

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue	0.05
SG&A to Revenue	0.01