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MTC

MMTec, Inc.

MTC

MMTec, Inc. • NASDAQ
$2.72 ▲ 10.57% (+0.26)
Market Cap $68.51 M
52w High $3.89
52w Low $0.25
Dividend Yield 0%
P/E -0.51
Volume 191.04K
Outstanding Shares 25.19M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $807.5K ▼ $2.207M ▼ $-46.429M ▲ -5.75K% ▼ $-1.84 ▲ $-1.513M ▼
Q4-2024 $1.868M ▲ $2.285M ▼ $-62.797M ▼ -3.361K% ▼ $-2.5 ▼ $-738.112K ▲
Q2-2024 $0 ▲ $2.301M ▼ $-28.372M ▼ 0% ▲ $-1.14 ▼ $-2.276M ▼
Q4-2023 $-558.29K ▼ $3.929M ▲ $63.335M ▲ -11.345K% ▼ $2.21 ▲ $-1.177M ▲
Q2-2023 $1.428M $1.608M $-14.377M -1.007K% $-0.46 $-3.068M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $10.189M ▲ $20.3M ▼ $40.122M ▲ $-19.822M ▼
Q4-2024 $2.869M ▼ $65.907M ▼ $39.304M ▲ $26.603M ▼
Q2-2024 $3.044M ▲ $133.27M ▼ $38.572M ▲ $94.698M ▼
Q4-2023 $1.76M ▼ $156.987M ▲ $34.623M ▼ $122.364M ▲
Q2-2023 $2.271M $121.317M $64.39M $41.712M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-46.429M ▲ $-3.366M ▼ $18M ▲ $0 ▲ $7.32M ▲ $-1.683M ▼
Q4-2024 $-62.797M ▼ $2.615M ▲ $11 ▼ $-2.792M ▼ $-174.659K ▼ $2.615M ▲
Q2-2024 $-28.372M ▼ $-1.892M ▲ $629.53K ▼ $2.55M ▲ $0 ▲ $-1.897M ▲
Q4-2023 $10.068M ▲ $-2.134M ▲ $87.024M ▲ $1.667M ▼ $-2.05M ▼ $-2.135M ▲
Q2-2023 $-14.377M $-3.018M $-173.563M $88M $-1.821M $-3.018M

Five-Year Company Overview

Income Statement

Income Statement The income statement paints a picture of a company with almost no discernible revenue for several years and a pattern of small but recurring losses, with one brief year of profit. That suggests the core business has not yet scaled into a sustainable, revenue‑generating operation. Profitability is fragile, swings between loss and profit have been abrupt, and recent results are back in loss‑making territory. Overall, the business looks more like an early‑stage or dormant operation than a mature software provider with steady sales.

Balance Sheet

Balance Sheet The balance sheet is very light, with a small base of total assets and equity and only modest levels of debt. Cash on hand is minimal, which limits financial flexibility and raises questions about how ongoing operations are being funded. The decline in asset and equity levels over time points to balance‑sheet erosion rather than accumulation of resources. In practical terms, MMTec appears thinly capitalized and financially vulnerable if conditions worsen or if it needs to invest meaningfully for growth.

Cash Flow

Cash Flow Cash flows from operations hover around breakeven to slightly negative, and free cash flow tells a similar story. There is no visible investment in physical assets, which is common for a software business but also consistent with a company that may be in “maintenance mode” rather than actively expanding. The lack of strong positive operating cash flow means the company is not clearly self‑funding and may need to rely on external financing or cost cutting to sustain itself.

Competitive Edge

Competitive Edge Competitively, MMTec sits in a crowded fintech space, offering trading and fund‑management platforms aimed at Chinese‑speaking institutional and professional clients. Its niche focus and cross‑border regulatory experience are its key differentiators, but public information does not show strong, unique features that clearly separate it from larger, better‑capitalized rivals. Regulatory coverage in the U.S. and Hong Kong is a plus, yet the pending Nasdaq delisting determination is a major overhang that could hurt visibility, credibility, and access to capital. Overall, the firm appears strategically narrow and exposed to intense competition from global and regional platforms.

Innovation and R&D

Innovation and R&D The company describes its technology as proprietary and highlights platforms like HiFund and quantitative trading tools, but there is limited detail about what is truly new or hard to copy. Past references to using artificial intelligence, big data, and blockchain through a minority stake in a Singapore fintech venture have not been followed by clear updates or measurable outcomes. Recent disclosures lack a clear product roadmap or innovation pipeline, which makes it difficult to gauge future growth potential. In the fast‑moving fintech world, this weak visibility on R&D and product evolution is a notable risk.

Summary

Overall, MMTec looks like a very small, niche fintech operator with minimal revenue, thin profitability, and a fragile balance sheet. Its core strength is a targeted focus on Chinese‑speaking clients needing cross‑border trading access, supported by relevant regulatory licenses. However, weak financial scale, limited cash, the overhang of a Nasdaq delisting process, and a lack of clearly articulated innovation plans combine to create a high‑uncertainty outlook. Future performance will largely depend on whether the company can stabilize its financials, sharpen its competitive edge, and demonstrate tangible progress in product development and market traction.

NEWS

October 28, 2025 · 8:00 AM UTC

MMTEC, Inc. Announces Receipt of Nasdaq Delisting Determination Regarding Minimum Bid Price Deficiency

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