MMV
MMV
MultiMetaVerse Holdings LimitedIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2023 | $1.75M | $1.91M ▼ | $-2.56M | -146.31% | $-0.08 | $-1M ▼ |
| Q3-2023 | $1.75M ▼ | $3.06M ▼ | $-2.56M ▲ | -146.31% ▲ | $-0.08 ▲ | $-979.68K ▲ |
| Q2-2023 | $2.76M | $12.88M | $-11.9M | -431.88% | $-0.36 | $-11.67M |
| Q1-2023 | $2.76M ▲ | $12.88M ▲ | $-11.9M ▼ | -431.88% ▼ | $-0.36 ▼ | $-11.67M ▼ |
| Q4-2022 | $2.14M | $4.9M | $-3.88M | -181.39% | $-0.02 | $-3.83M |
What's going well?
The company made major progress cutting costs, especially in overhead and operating expenses. Revenue held steady, and there are no debt or tax burdens.
What's concerning?
The business is still losing money, with net losses as large as revenue. Non-operating losses are a big drag, and there's no sign of revenue growth.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2023 | $1.5M | $5.35M | $35.87M | $-28.76M |
| Q3-2023 | $1.5M ▼ | $5.35M ▼ | $35.87M ▲ | $-28.76M ▼ |
| Q2-2023 | $1.81M | $5.64M | $30.73M | $-23.28M |
| Q1-2023 | $1.81M ▼ | $5.64M ▼ | $30.73M ▲ | $-23.28M ▼ |
| Q4-2022 | $2.22M | $25.95M | $8.76M | $17.19M |
What's financially strong about this company?
Assets are mostly tangible, with no risky goodwill or large intangibles. Some customers are prepaying, which helps cash flow a little.
What are the financial risks or weaknesses?
Debt is much higher than assets, equity is deeply negative, and cash is far below what's needed to cover short-term bills. The company is relying on stretching payments and taking on more debt.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2023 | $-2.56M | $0 | $0 | $0 | $0 | $0 |
| Q3-2023 | $-2.56M ▲ | $0 | $0 | $0 | $0 | $0 |
| Q2-2023 | $-11.9M | $0 | $0 | $0 | $0 | $0 |
| Q1-2023 | $-11.9M ▼ | $0 ▲ | $0 ▼ | $0 ▼ | $0 ▼ | $0 ▲ |
| Q4-2022 | $-1.28M | $-218.48K | $121.33K | $1.88M | $1.78M | $-278.12K |
What's strong about this company's cash flow?
There is no cash burn, but that's only because there is no cash movement at all. No debt or dilution occurred.
What are the cash flow concerns?
The company has zero cash, no cash inflow, and cannot fund operations. All reported losses are non-cash, but with no cash, the business cannot continue without outside funding.
5-Year Trend Analysis
A comprehensive look at MultiMetaVerse Holdings Limited's financial evolution and strategic trajectory over the past five years.
MMV’s primary strengths are its recognized “Aotu World” brand, its engaged fan community, and its clear strategic vision to harness AI across entertainment, e-commerce, and fintech. The company has demonstrated creativity and willingness to pivot, assembled a portfolio of innovative projects, and shown the ability to access external capital when needed. These elements provide a foundation on which a more diversified, technology-enabled business could eventually be built.
The main risks are financial and execution-related. The company has a history of large and growing losses, persistent negative cash flow, heavy reliance on debt and external financing, and weak liquidity. Its balance sheet leaves little room for prolonged setbacks. On top of this, MMV is attempting a complex strategic transformation into highly competitive and regulated sectors, where missteps or delays could be costly and where well-funded rivals are deeply entrenched.
The outlook is highly uncertain and depends on two critical developments: whether MMV can stabilize its finances through better cost control and improved cash generation, and whether its AI-driven ventures gain meaningful traction in the market. If its innovation pipeline is successfully executed and monetized, the company could transition toward a more resilient, tech-focused model. If not, the combination of ongoing cash burn, high leverage, and competitive pressure could continue to weigh heavily on its prospects. Overall, MMV appears to be in a high-risk transformation phase where outcomes are likely to be quite binary over the medium term.
About MultiMetaVerse Holdings Limited
https://www.multi-metaverse.comMultiMetaVerse Holdings Limited operates as an animation and entertainment company in the People's Republic of China. The company develops and publishes animations, mobile games, and other contents, offerings such as anime merchandise.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2023 | $1.75M | $1.91M ▼ | $-2.56M | -146.31% | $-0.08 | $-1M ▼ |
| Q3-2023 | $1.75M ▼ | $3.06M ▼ | $-2.56M ▲ | -146.31% ▲ | $-0.08 ▲ | $-979.68K ▲ |
| Q2-2023 | $2.76M | $12.88M | $-11.9M | -431.88% | $-0.36 | $-11.67M |
| Q1-2023 | $2.76M ▲ | $12.88M ▲ | $-11.9M ▼ | -431.88% ▼ | $-0.36 ▼ | $-11.67M ▼ |
| Q4-2022 | $2.14M | $4.9M | $-3.88M | -181.39% | $-0.02 | $-3.83M |
What's going well?
The company made major progress cutting costs, especially in overhead and operating expenses. Revenue held steady, and there are no debt or tax burdens.
What's concerning?
The business is still losing money, with net losses as large as revenue. Non-operating losses are a big drag, and there's no sign of revenue growth.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2023 | $1.5M | $5.35M | $35.87M | $-28.76M |
| Q3-2023 | $1.5M ▼ | $5.35M ▼ | $35.87M ▲ | $-28.76M ▼ |
| Q2-2023 | $1.81M | $5.64M | $30.73M | $-23.28M |
| Q1-2023 | $1.81M ▼ | $5.64M ▼ | $30.73M ▲ | $-23.28M ▼ |
| Q4-2022 | $2.22M | $25.95M | $8.76M | $17.19M |
What's financially strong about this company?
Assets are mostly tangible, with no risky goodwill or large intangibles. Some customers are prepaying, which helps cash flow a little.
What are the financial risks or weaknesses?
Debt is much higher than assets, equity is deeply negative, and cash is far below what's needed to cover short-term bills. The company is relying on stretching payments and taking on more debt.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2023 | $-2.56M | $0 | $0 | $0 | $0 | $0 |
| Q3-2023 | $-2.56M ▲ | $0 | $0 | $0 | $0 | $0 |
| Q2-2023 | $-11.9M | $0 | $0 | $0 | $0 | $0 |
| Q1-2023 | $-11.9M ▼ | $0 ▲ | $0 ▼ | $0 ▼ | $0 ▼ | $0 ▲ |
| Q4-2022 | $-1.28M | $-218.48K | $121.33K | $1.88M | $1.78M | $-278.12K |
What's strong about this company's cash flow?
There is no cash burn, but that's only because there is no cash movement at all. No debt or dilution occurred.
What are the cash flow concerns?
The company has zero cash, no cash inflow, and cannot fund operations. All reported losses are non-cash, but with no cash, the business cannot continue without outside funding.
5-Year Trend Analysis
A comprehensive look at MultiMetaVerse Holdings Limited's financial evolution and strategic trajectory over the past five years.
MMV’s primary strengths are its recognized “Aotu World” brand, its engaged fan community, and its clear strategic vision to harness AI across entertainment, e-commerce, and fintech. The company has demonstrated creativity and willingness to pivot, assembled a portfolio of innovative projects, and shown the ability to access external capital when needed. These elements provide a foundation on which a more diversified, technology-enabled business could eventually be built.
The main risks are financial and execution-related. The company has a history of large and growing losses, persistent negative cash flow, heavy reliance on debt and external financing, and weak liquidity. Its balance sheet leaves little room for prolonged setbacks. On top of this, MMV is attempting a complex strategic transformation into highly competitive and regulated sectors, where missteps or delays could be costly and where well-funded rivals are deeply entrenched.
The outlook is highly uncertain and depends on two critical developments: whether MMV can stabilize its finances through better cost control and improved cash generation, and whether its AI-driven ventures gain meaningful traction in the market. If its innovation pipeline is successfully executed and monetized, the company could transition toward a more resilient, tech-focused model. If not, the combination of ongoing cash burn, high leverage, and competitive pressure could continue to weigh heavily on its prospects. Overall, MMV appears to be in a high-risk transformation phase where outcomes are likely to be quite binary over the medium term.

CEO
Yiran Xu
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2016-04-08 | Reverse | 1:5 |

