Mmtec, Inc. income statement
In fiscal 2025, Mmtec, Inc. reported revenue of $807,500, down 56.8% on the year before, operating income of −$3.8m (a -470.9% margin) and net income of −$56.1m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 1 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Gross profit | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 0 |
| Research and development | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 |
| Selling and marketing | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 |
| Operating income | −2 | −3 | −3 | −7 | −6 | −5 | −3 | −4 |
| Interest expense | 0 | — | — | — | — | −4 | 2 | 9 |
| Income before tax | −2 | −2 | −3 | −7 | −6 | −8 | −91 | −56 |
| Income tax | — | — | — | — | — | — | 0 | 0 |
| Net income | −2 | −2 | −3 | −7 | −6 | 46 | −91 | −56 |
| Diluted EPS | −$4.80 | −$4.40 | −$6.24 | −$11.52 | −$0.81 | — | — | — |
| Diluted shares (average) | — | — | — | — | — | 26m | 25m | 54m |
| EBITDA | −2 | −3 | −3 | −7 | −6 | −5 | −3 | −4 |
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