MTC
MMTEC Inc
NASDAQ: MTC · TECHNOLOGY · SOFTWARE - APPLICATION
$7.66
+2.41% today
Updated 2026-04-30
Market cap
$686.16M
P/E ratio
—
P/S ratio
849.73x
EPS (TTM)
$-1.05
Dividend yield
—
52W range
$0 – $9
Volume
0.1M
MMTEC Inc (MTC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $26882.00 | $200797.00 | $742125.00 | $653036.00 | $1.07M | $869935.00 | $1.87M | $-20.48M |
| Revenue growth (YoY) | — | — | — | +647.0% | +269.6% | -12.0% | +64.4% | -19.0% | +114.8% | -1196.4% |
| Cost of revenue | $28020.00 | $41938.00 | $963982.00 | $142568.00 | $116557.00 | $221562.00 | $363940.00 | $264512.00 | $436601.00 | $800856.00 |
| Gross profit | $-28020.00 | $-41938.00 | $-937100.00 | $58229.00 | $625568.00 | $431474.00 | $709411.00 | $605423.00 | $1.43M | $-21.29M |
| Gross margin | — | — | -3486.0% | 29.0% | 84.3% | 66.1% | 66.1% | 69.6% | 76.6% | 103.9% |
| R&D | $327189.00 | $513575.00 | $828367.00 | $737329.00 | $410840.00 | $744422.00 | $828869.00 | $363958.00 | $73285.00 | — |
| SG&A | $666028.00 | $918600.00 | $2.17M | $2.66M | $3.67M | $6.14M | $5.65M | $4.64M | $3.70M | $3.63M |
| Operating income | $-666028.00 | $-918600.00 | $-2.25M | $-2.94M | $-3.18M | $-6.48M | $-5.91M | $-4.29M | $-93.30M | $-48.98M |
| Operating margin | — | — | -8379.4% | -1464.6% | -429.1% | -992.8% | -550.8% | -493.2% | -4993.6% | 239.1% |
| EBITDA | $-647195.00 | $-898229.00 | $-2.32M | $-2.22M | $-3.13M | $-7.01M | $-5.60M | $-3.60M | $-88.67M | $-47.30M |
| EBITDA margin | — | — | -8636.6% | -1104.3% | -421.4% | -1073.5% | -521.5% | -413.8% | -4746.2% | 230.9% |
| EBIT | $-661205.00 | $-919198.00 | $-2.35M | $-2.24M | $-3.18M | $-7.05M | $-5.66M | $-3.65M | $-88.72M | $-47.38M |
| Interest expense | $0.00 | $0.00 | $12.00 | $0.00 | $0.00 | $1.12M | $147239.00 | $746410.00 | $2.42M | $8.69M |
| Income tax | $-1812.00 | $-957.00 | $-21450.00 | $-64407.00 | $7541.00 | $1.17M | $-193740.00 | $468713.00 | $24525.00 | — |
| Effective tax rate | 0.3% | 0.1% | 0.9% | 2.8% | -0.2% | -19.9% | 3.3% | -6.0% | -0.0% | 0.0% |
| Net income | $-661205.00 | $-919198.00 | $-2.35M | $-2.24M | $-3.18M | $-7.05M | $-5.65M | $-8.32M | $-91.17M | $-56.08M |
| Net income growth (YoY) | — | -39.0% | -155.5% | +4.5% | -41.8% | -121.6% | +19.9% | -47.3% | -996.2% | +38.5% |
| Profit margin | — | — | -8738.2% | -1117.2% | -428.7% | -1079.7% | -526.0% | -956.1% | -4879.7% | 273.7% |