MTC
Income statement / Annual
Last year (2024), MMTec, Inc.'s total revenue was $1.87 M,
an increase of 114.77% from the previous year.
In 2024, MMTec, Inc.'s net income was -$91.17 M.
See MMTec, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$1.87 M |
$869.94 K |
$1.07 M |
$568.62 K |
$742.13 K |
$200.80 K |
$26.88 K |
$0.00 |
$0.00 |
| Cost of Revenue |
$343.08 K
|
$172.95 K
|
$231.08 K
|
$141.30 K
|
$7.41 K
|
$90.89 K
|
$16.31 K
|
$702.99 K
|
$514.47 K
|
| Gross Profit |
$1.53 M
|
$696.99 K
|
$868.05 K
|
$511.73 K
|
$734.72 K
|
$109.91 K
|
$10.57 K
|
-$702.99 K
|
-$514.47 K
|
| Gross Profit Ratio |
0.82
|
0.8
|
0.81
|
0.9
|
0.99
|
0.55
|
0.39
|
0
|
0
|
| Research and Development Expenses |
$73.29 K
|
$0.00
|
$828.87 K
|
$744.42 K
|
$410.84 K
|
$737.33 K
|
$828.37 K
|
$513.58 K
|
$327.19 K
|
| General & Administrative Expenses |
$3.70 M
|
$4.64 M
|
$5.65 M
|
$6.14 M
|
$3.67 M
|
$2.66 M
|
$2.17 M
|
$918.60 K
|
$666.03 K
|
| Selling & Marketing Expenses |
$715.98 K
|
$901.32 K
|
$1.01 M
|
$303.08 K
|
$244.16 K
|
$389.75 K
|
$171.02 K
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$4.42 M
|
$5.54 M
|
$6.66 M
|
$6.44 M
|
$3.92 M
|
$3.05 M
|
$2.34 M
|
$918.60 K
|
$666.03 K
|
| Other Expenses |
$91.52 K
|
$0.00
|
-$735.65 K
|
-$212.29 K
|
-$410.84 K
|
-$1.46 M
|
-$1.02 K
|
-$1.56 K
|
$3.01 K
|
| Operating Expenses |
$4.59 M
|
$5.54 M
|
$6.75 M
|
$6.98 M
|
$3.92 M
|
$2.33 M
|
$2.34 M
|
$918.60 K
|
$666.03 K
|
| Cost And Expenses |
$4.93 M
|
$5.71 M
|
$6.98 M
|
$7.12 M
|
$3.93 M
|
$2.42 M
|
$2.35 M
|
$918.60 K
|
$666.03 K
|
| Interest Income |
$4.50 M
|
$209.44 K
|
$94.37 K
|
$1.66 K
|
$30.48 K
|
$37.37 K
|
$483.00
|
$957.00
|
$1.81 K
|
| Interest Expense |
$2.42 M
|
$746.41 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$12.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$46.76 K
|
$45.78 K
|
$66.43 K
|
$40.13 K
|
$54.58 K
|
$25.84 K
|
$27.31 K
|
$20.97 K
|
$14.01 K
|
| EBITDA |
-$88.67 M |
-$4.24 M |
-$5.85 M |
-$6.44 M |
-$3.13 M |
-$2.19 M |
-$2.30 M |
-$897.63 K |
-$652.02 K |
| EBITDA Ratio |
-47.46
|
-4.88
|
-5.45
|
-11.33
|
-4.22
|
-10.91
|
-85.57
|
0
|
0
|
| Operating Income Ratio |
-1.64
|
-5.56
|
-5.51
|
-11.4
|
-4.29
|
-11.04
|
-86.58
|
0
|
0
|
| Total Other Income/Expenses Net |
-$88.08 M
|
-$3.01 M
|
$53.50 K
|
$538.22 K
|
$2.56 K
|
$697.54 K
|
-$21.46 K
|
-$598.00
|
$4.82 K
|
| Income Before Tax |
-$91.14 M
|
-$4.39 M
|
-$5.86 M
|
-$5.94 M
|
-$3.18 M
|
-$2.24 M
|
-$2.35 M
|
-$919.20 K
|
-$661.21 K
|
| Income Before Tax Ratio |
-48.78
|
-5.05
|
-5.46
|
-10.46
|
-4.29
|
-11.17
|
-87.38
|
0
|
0
|
| Income Tax Expense |
$24.53 K
|
$0.00
|
-$193.74 K
|
$1.17 M
|
$0.00
|
-$64.41 K
|
-$21.45 K
|
-$957.00
|
-$1.81 K
|
| Net Income |
-$91.17 M
|
$48.96 M
|
-$5.65 M
|
-$7.05 M
|
-$3.19 M
|
-$2.24 M
|
-$2.35 M
|
-$919.20 K
|
-$661.21 K
|
| Net Income Ratio |
-48.8
|
56.28
|
-5.26
|
-12.4
|
-4.3
|
-11.17
|
-87.38
|
0
|
0
|
| EPS |
-3.65 |
1.75 |
-1.56 |
-3.36 |
-1.56 |
-1.09 |
-1.04 |
-0.17 |
-0.12 |
| EPS Diluted |
-3.65 |
1.75 |
-1.56 |
-3.36 |
-1.56 |
-1.09 |
-1.04 |
-0.17 |
-0.12 |
| Weighted Average Shares Out |
$25.00 M
|
$28.02 M
|
$3.50 M
|
$2.45 M
|
$2.04 M
|
$2.00 M
|
$2.26 M
|
$5.40 M
|
$5.40 M
|
| Weighted Average Shares Out Diluted |
$25.00 M
|
$28.02 M
|
$3.50 M
|
$2.45 M
|
$2.04 M
|
$2.00 M
|
$2.26 M
|
$5.40 M
|
$5.40 M
|
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