Mixed Martial Arts Group Limited, which operates as MMA.INC, said it has implemented more than $800,000 in additional annualized cash operating cost reductions since July, lifting its total implemented reductions above $2.51 million. The company disclosed the update Sept. 29 in a Form 6-K filing with the U.S. Securities and Exchange Commission, saying the new measures were completed between July 1 and Sept. 28.
The latest reductions represent a 47.2% increase from the approximately $1.71 million in annualized cash operating cost reductions MMA.INC reported as of June 30. The company said the additional savings consist of about $445,000 in staff costs, $181,000 in associated taxes and benefits, $116,000 in premises costs, and $64,000 in technology subscriptions and cloud storage.
MMA.INC said the reductions reflect recurring cash expenditures that management believes are no longer required by the business. More than $625,000 of the latest annualized reductions are related to workforce costs, while more than $180,000 relate to technology and operating infrastructure. The company attributed the changes in part to technology delivery, automation and AI-supported workflows that have allowed it to simplify processes and consolidate infrastructure.
The $2.51 million figure is a management estimate rather than a measure of reported earnings or cash flow. MMA.INC calculates the figure by annualizing each identified cash cost at the rate that applied immediately before the cost was eliminated. The measure includes items such as payroll, taxes and benefits, premises, hosting, insurance, technology subscriptions and cloud storage, while excluding share-based payments, depreciation, amortization and other non-cash expenses.
The company previously disclosed approximately $1.71 million of annualized reductions covering actions completed from Jan. 1, 2025, through June 30, 2026. Those earlier savings included about $1.54 million in workforce-related costs and approximately $165,000 in technology, operating infrastructure and insurance costs. The latest filing therefore represents an expansion of an existing cost-reduction program rather than a new restructuring plan announced for the first time.
MMA.INC said lower recurring cash outflows are expected to support operating leverage and extend its cash runway, while maintaining positive adjusted EBITDA as an operating objective. The company did not provide a quantitative adjusted EBITDA target or a fixed timetable for reaching it. It also cautioned that the annualized cost-reduction figure should not be interpreted as a forecast of future profitability, cash flow or financial performance.
Founder and Chief Executive Officer Nick Langton said the company had increased its annualized cash operating cost reductions from approximately $1.71 million at the end of June to approximately $2.51 million by late September. He attributed the additional reductions to technology delivery, automation and AI-supported workflows, as well as the removal of expenditures that the company considers unnecessary to its current operating model.
MMA.INC operates a technology and participation platform for the martial arts and combat sports industry, connecting gyms, practitioners, coaches, content, commerce and payments. As of July, the company said its platform included 680,000 user profiles, 107,694 registered student profiles and 27,651 monthly active users, while its annualized payments run rate was approximately $21 million based on May processing volumes.
The company said it intends to continue pursuing additional efficiencies while protecting its core revenue-generating capabilities. It warned that actual savings could differ from management’s estimates and that cost reductions may be offset by restructuring expenses, additional hiring, technology investment or other operating requirements. The company also noted that the reductions alone do not guarantee positive adjusted EBITDA or profitability.
