MMTec, Inc. (MTC) Income Statement
MTC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMTC revenue and net income
MTC profit margins
MTC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −100.0% | — | — | — |
| Gross profit | −1,586.7% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MTC quarterly EPS vs estimates
MMTec beat the analyst EPS estimate in 0 of the last 2 quarters.
MTC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $1.9M | $869,935 | $1.1M | $653,036 | $742,125 | $200,797 | $26,882 | $0 | $0 |
| Cost of revenue | $800,856 | $436,601 | $264,512 | $363,940 | $221,562 | $116,557 | $142,568 | $963,982 | $41,938 | $28,020 |
| Gross profit | −$21.3M | $1.4M | $605,423 | $709,411 | $431,474 | $625,568 | $58,229 | −$937,100 | −$41,938 | −$28,020 |
| Research & development | — | $73,285 | $363,958 | $828,869 | $744,422 | $410,840 | $737,329 | $828,367 | $513,575 | $327,189 |
| Sales, general & admin | $4.0M | $4.4M | $4.6M | $5.7M | $6.1M | $3.7M | $2.7M | $2.2M | $918,600 | $666,028 |
| Total operating expenses | $27.7M | $94.7M | $4.9M | $6.6M | $6.9M | $3.8M | $3.0M | $1.3M | $876,662 | $638,008 |
| Operating income | −$49.0M | −$93.3M | −$4.3M | −$5.9M | −$6.5M | −$3.2M | −$2.9M | −$2.3M | −$918,600 | −$666,028 |
| Interest income | $1.6M | $4.5M | $209,439 | $94,372 | $1,658 | $30,478 | $37,370 | $483 | $957 | $1,812 |
| Interest expense | $8.7M | $2.4M | $746,410 | $147,239 | $1.1M | $0 | $0 | $12 | $0 | $0 |
| Income before taxes | −$56.1M | −$91.1M | −$7.8M | −$5.7M | −$7.1M | −$3.2M | −$2.2M | −$2.3M | −$919,198 | −$661,205 |
| Income taxes | $8,973 | $24,525 | $468,713 | −$193,740 | $1.2M | $7,541 | −$64,407 | −$21,450 | −$957 | −$1,812 |
| Net income | −$56.1M | −$91.2M | −$8.3M | −$5.6M | −$7.1M | −$3.2M | −$2.2M | −$2.3M | −$919,198 | −$661,205 |
| EBITDA | −$47.3M | −$88.7M | −$3.6M | −$5.6M | −$7.0M | −$3.1M | −$2.2M | −$2.3M | −$898,229 | −$647,195 |
| EPS (diluted) | −$0.56 | −$3.63 | −$0.30 | −$1.40 | −$2.80 | −$0.20 | −$0.18 | −$0.13 | −$0.02 | $0.00 |
| Gross margin | — | 76.6% | 69.6% | 66.1% | 66.1% | 84.3% | 29.0% | −3,486.0% | — | — |
| Operating margin | — | −4,993.6% | −493.2% | −550.8% | −992.8% | −429.1% | −1,464.6% | −8,379.4% | — | — |
| Net margin | — | −4,879.7% | −956.1% | −526.0% | −1,079.7% | −428.7% | −1,117.2% | −8,738.2% | — | — |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $403,750 | $1.9M | $934,167 | $0 | $0 | $0 | $2.9M | $1.4M | $365,733 |
| Cost of revenue | $2,342 | $628,772 | $172,084 | $66,500 | $386,499 | $171,542 | $50,102 | −$2.5M | −$2.6M | $2.8M | $1.4M | $175,402 |
| Gross profit | −$2,342 | −$628,772 | −$20.7M | $337,250 | $1.5M | $762,625 | −$50,102 | $522,527 | $2.0M | $82,896 | $63,417 | $190,331 |
| Research & development | — | — | — | $36,643 | $73,286 | $36,643 | — | — | — | $61,959 | $414,435 | $828,870 |
| Sales, general & admin | — | $2.6M | $1.3M | $627,293 | $1.2M | $582,197 | $1.3M | $669,201 | $4.1M | $1.0M | $1.0M | $2.1M |
| Total operating expenses | $1.7M | $1.2M | $26.5M | $1.1M | $67.0M | $1.1M | $27.8M | $1.7M | $3.9M | $3.2M | $1.6M | $3.2M |
| Operating income | −$1.7M | −$1.8M | −$47.2M | −$766,103 | −$65.5M | −$379,910 | −$27.8M | −$1.2M | −$1.8M | −$3.1M | −$1.5M | −$3.0M |
| Interest expense | $15,479 | $7.5M | — | — | — | — | $2.8M | $10.7M | $10.7M | $11.4M | $12,250 | — |
| Income before taxes | −$1.6M | −$9.6M | −$46.4M | −$23.2M | −$62.8M | −$31.4M | −$28.4M | −$3.4M | $10.1M | −$4.4M | −$7.2M | −$2.8M |
| Income taxes | — | $3,203 | $5,770 | $2,885 | $24,525 | $12,263 | — | −$1,737 | −$1,737 | $1,737 | $869 | — |
| Net income | −$1.6M | −$9.6M | −$46.4M | −$23.2M | −$62.8M | −$31.4M | −$28.4M | −$4.0M | $63.3M | −$4.4M | −$7.2M | −$2.8M |
| EBITDA | −$1.6M | −$2.1M | −$45.2M | −$756,332 | −$62.8M | −$369,056 | −$25.5M | −$604,085 | −$1.2M | −$3.0M | −$1.5M | −$2.7M |
| EPS (diluted) | — | — | −$1.84 | −$2.50 | — | — | — | — | — | — | −$0.72 | — |
| Gross margin | — | — | — | 83.5% | 79.3% | 81.6% | — | — | — | 2.9% | 4.4% | 52.0% |
| Operating margin | — | — | — | −189.7% | −3,504.9% | −40.7% | — | — | — | −108.2% | −108.2% | −810.7% |
| Net margin | — | — | — | −5,749.7% | −3,361.1% | −3,361.1% | — | — | — | −152.4% | −503.3% | −754.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MTC's financial statements (latest annual report filed April 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MTC financial results
MMTec reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $56.1 million. Diluted earnings per share came to −$0.56.
See the MTC stock overview for the latest quote and news, or the MTC chart for price history and technical indicators.
MTC income statement FAQ
Does MMTec have revenue?
MMTec reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is MMTec profitable?
No. MMTec reported a net loss of $56.1 million in fiscal 2025.
What are MMTec's earnings per share?
MMTec earned $-0.56 per diluted share in fiscal 2025, compared with $-3.63 a year earlier.
When does MMTec's fiscal year end?
MMTec's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 2, 2026.