Mmtec, Inc.
MTC Nasdaq Security Brokers, Dealers & Flotation Companies Financials FY2017โFY2025
Last close ยท Oct 23, 2026
$5.46
0.9%
Revenue
Total sales reported in the income statement.
$0.8M
56.8%
vs prior year
Operating margin
Operating income as a share of revenue.
โ470.9%
307.1ย pts
Net income
Profit after all expenses, interest and tax.
โ$56.1M
Free cash flow
Cash from operations minus capital spending.
โ
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
$292M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
What Mmtec, Inc. does
No business description yet.
- Legal name
- MMTEC, INC.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท Apr 2, 2026
- Accession ยท CIK
- 0001213900-26-039499
0001742518
Revenue and margins
Mmtec, Inc. had $0.8M of revenue in fiscal 2025, down 56.8% on the year before.
FY17
Revenue โ
FY18
Revenue $0.0M
FY19
Revenue $0.2M
FY20
Revenue $0.7M
FY21
Revenue $0.6M
FY22
Revenue $1.1M
FY23
Revenue $0.9M
FY24
Revenue $1.9M
FY25
Revenue $0.8M
FY17
Gross โ
Operating โ
Net โ
FCF โ
FY18
Gross 39.4%
Operating โ8,652.4%
Net โ8,732.3%
FCF โ7,194.1%
FY19
Gross 54.7%
Operating โ1,464.5%
Net โ1,117.1%
FCF โ1,130.0%
FY20
Gross 99.0%
Operating โ429.1%
Net โ428.7%
FCF โ269.7%
FY21
Gross 75.1%
Operating โ1,151.9%
Net โ1,240.0%
FCF โ727.0%
FY22
Gross 78.5%
Operating โ550.7%
Net โ525.9%
FCF โ521.2%
FY23
Gross 80.1%
Operating โ556.4%
Net 5,230.7%
FCF โ592.3%
FY24
Gross 81.6%
Operating โ163.8%
Net โ4,879.7%
FCF 38.4%
FY25
Gross 21.6%
Operating โ470.9%
Net โ6,944.3%
FCF โ
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY17
Net income โ$0.9M
FY18
Net income โ$2.3M
FY19
Net income โ$2.2M
FY20
Net income โ$3.2M
FY21
Net income โ$7.1M
FY22
Net income โ$5.6M
FY23
Net income $45.5M
FY24
Net income โ$91.2M
FY25
Net income โ$56.1M
FY17
Diluted EPS โ$0.02
FY18
Diluted EPS โ$0.06
FY19
Diluted EPS โ$0.11
FY20
Diluted EPS โ$1.56
FY21
Diluted EPS โ$2.88
FY22
Diluted EPS โ$1.61
FY23
Diluted EPS โ
FY24
Diluted EPS โ
FY25
Diluted EPS โ
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY17
Return on capital โ
Return on equity โ283.4%
Return on assets โ215.4%
FY18
Return on capital โ
Return on equity โ
Return on assets โ756.9%
FY19
Return on capital โ195.1%
Return on equity โ104.1%
Return on assets โ70.1%
FY20
Return on capital โ184.6%
Return on equity โ85.4%
Return on assets โ64.2%
FY21
Return on capital โ206.8%
Return on equity โ87.9%
Return on assets โ77.1%
FY22
Return on capital โ78.1%
Return on equity โ49.7%
Return on assets โ43.4%
FY23
Return on capital โ
Return on equity 70.9%
Return on assets 54.0%
FY24
Return on capital โ
Return on equity โ125.3%
Return on assets โ81.8%
FY25
Return on capital โ
Return on equity โ272.7%
Return on assets โ133.0%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
FY17
Free cash flow โ$1.0M
FY18
Free cash flow โ$1.9M
FY19
Free cash flow โ$2.3M
FY20
Free cash flow โ$2.0M
FY21
Free cash flow โ$4.1M
FY22
Free cash flow โ$5.6M
FY23
Free cash flow โ$5.2M
FY24
Free cash flow $0.7M
FY25
Free cash flow โ
FY17
Cash from operations โ$1.0M
Capital spending $0.0M
FY18
Cash from operations โ$1.9M
Capital spending $0.0M
FY19
Cash from operations โ$2.1M
Capital spending $0.1M
FY20
Cash from operations โ$2.0M
Capital spending $0.0M
FY21
Cash from operations โ$4.1M
Capital spending $0.0M
FY22
Cash from operations โ$5.6M
Capital spending $0.0M
FY23
Cash from operations โ$5.2M
Capital spending $0.0M
FY24
Cash from operations $0.7M
Capital spending $0.0M
FY25
Cash from operations โ$3.7M
Capital spending โ
Cash from operations
Capital spending
Dividends, buybacks and share count
Mmtec, Inc. returned โ to shareholders in fiscal 2025. The diluted share count rose 114.3%.
FY17
Dividends โ
Buybacks โ
FY18
Dividends โ
Buybacks โ
FY19
Dividends โ
Buybacks โ
FY20
Dividends โ
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks โ
FY24
Dividends โ
Buybacks โ
FY25
Dividends โ
Buybacks โ
Dividends
Buybacks
FY17
Diluted shares 0.05B
FY18
Diluted shares 0.04B
FY19
Diluted shares 0.02B
FY20
Diluted shares 0.00B
FY21
Diluted shares 0.00B
FY22
Diluted shares 0.00B
FY23
Diluted shares 0.01B
FY24
Diluted shares 0.02B
FY25
Diluted shares 0.05B
Balance sheet
Cash, debt and the ratios that show how comfortably Mmtec, Inc. can carry it.
FY17
Cash $0.2M
Debt โ
FY18
Cash $0.1M
Debt โ
FY19
Cash $3.6M
Debt $0.1M
FY20
Cash $1.4M
Debt $0.1M
FY21
Cash $11.2M
Debt $0.4M
FY22
Cash $3.8M
Debt $0.4M
FY23
Cash $1.8M
Debt โ
FY24
Cash $2.9M
Debt โ
FY25
Cash $8.2M
Debt โ
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $11.2M | $3.8M | $1.8M | $2.9M | $8.2M |
| Debt incl. finance leases | $0.4M | $0.4M | โ | โ | โ |
| Debt / equity | 0.0x | 0.0x | โ | โ | โ |
| Interest coverage | โ | โ | โ | โ1.3x | โ0.4x |
| Current ratio | 12.3x | 7.7x | 0.6x | 0.4x | 12.5x |
| Quick ratio | 12.3x | 7.7x | 0.6x | 0.4x | 12.5x |
| Total assets | $14.6M | $11.4M | $157M | $65.9M | $18.4M |
| Total liabilities | $1.2M | $2.0M | $38.1M | $39.3M | $3.9M |
| Shareholders' equity | $13.4M | $9.4M | $119M | $26.6M | $14.5M |
| Net debt (โ = net cash) | โ$10.8M | โ$3.4M | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 6 | 5 / 8 | 4 / 9 | 4 / 9 | 4 / 9 | 3 / 8 | 4 / 8 | 3 / 8 |
| Accruals ratio | 9.8% | โ141.0% | โ3.2% | โ24.2% | โ32.3% | โ0.4% | 60.2% | โ82.5% | โ124.2% |
| Altman Z'' | โ20.93 | โ166.76 | 0.65 | โ8.55 | 10.34 | โ0.47 | 3.45 | โ3.39 | โ16.68 |
9 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | โ | $0.0M | $0.2M | $0.7M | $0.6M | $1.1M | $0.9M | $1.9M | $0.8M |
| Gross profit | โ | $0.0M | $0.1M | $0.7M | $0.4M | $0.8M | $0.7M | $1.5M | $0.2M |
| Research and development | $0.5M | $0.8M | $0.7M | $0.4M | $0.7M | $0.8M | $0.4M | $0.1M | $0.0M |
| Operating income | โ$0.9M | โ$2.3M | โ$2.9M | โ$3.2M | โ$6.5M | โ$5.9M | โ$4.8M | โ$3.1M | โ$3.8M |
| Interest expense | โ | $0.0M | โ | โ | โ | โ | โ$4.2M | $2.4M | $8.7M |
| Pretax income | โ$0.9M | โ$2.3M | โ$2.2M | โ$3.2M | โ$7.1M | โ$5.7M | โ$7.8M | โ$91.1M | โ$56.1M |
| Income tax | โ | โ | โ | โ | โ | โ | โ | $0.0M | $0.0M |
| Net income | โ$0.9M | โ$2.3M | โ$2.2M | โ$3.2M | โ$7.1M | โ$5.6M | $45.5M | โ$91.2M | โ$56.1M |
| Net income to common | โ | โ | โ | โ$3.2M | โ$7.1M | โ$5.7M | โ$7.8M | โ$91.2M | โ$56.1M |
| Diluted EPS | โ$0.02 | โ$0.06 | โ$0.11 | โ$1.56 | โ$2.88 | โ$1.61 | โ | โ | โ |
| Diluted shares | 0.05B | 0.04B | 0.02B | 0.00B | 0.00B | 0.00B | 0.01B | 0.02B | 0.05B |
| Cash flow | |||||||||
| Cash from operations | โ$1.0M | โ$1.9M | โ$2.1M | โ$2.0M | โ$4.1M | โ$5.6M | โ$5.2M | $0.7M | โ$3.7M |
| Capital expenditure | $0.0M | $0.0M | $0.1M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | โ |
| Free cash flow | โ$1.0M | โ$1.9M | โ$2.3M | โ$2.0M | โ$4.1M | โ$5.6M | โ$5.2M | $0.7M | โ |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.1M | $0.0M | $0.1M | $0.0M | $0.0M | $0.1M |
| Stock-based compensation | โ | โ | โ | $1.0M | $1.0M | โ | โ | โ | โ |
| Acquisitions | โ | โ | $0.1M | โ | โ | $1.0M | $87.1M | โ | โ |
| Balance sheet | |||||||||
| Cash and short-term investments | $0.2M | $0.1M | $3.6M | $1.4M | $11.2M | $3.8M | $1.8M | $2.9M | $8.2M |
| Total debt | โ | โ | $0.1M | $0.1M | $0.4M | $0.4M | โ | โ | โ |
| Deposits | โ | โ | $0.0M | $0.1M | โ | โ | โ | โ | โ |
| Current assets | $0.4M | $0.3M | $4.3M | $2.3M | $13.8M | $9.0M | $3.0M | $3.0M | $8.4M |
| Current liabilities | $0.1M | $0.8M | $0.8M | $0.7M | $1.1M | $1.2M | $5.5M | $7.3M | $0.7M |
| Property and equipment, net | $0.0M | $0.0M | $0.1M | $0.1M | $0.3M | $0.2M | $0.1M | $0.1M | $0.0M |
| Goodwill | โ | โ | โ | โ | โ | โ | $108M | $108M | $108M |
| Total assets | $0.4M | $0.2M | $6.2M | $3.7M | $14.6M | $11.4M | $157M | $65.9M | $18.4M |
| Total liabilities | $0.1M | $0.8M | $1.5M | $1.0M | $1.2M | $2.0M | $38.1M | $39.3M | $3.9M |
| Shareholders' equity | $0.3M | โ$0.4M | $4.8M | $2.7M | $13.4M | $9.4M | $119M | $26.6M | $14.5M |
| Margins | |||||||||
| Gross margin | โ | 39.4% | 54.7% | 99.0% | 75.1% | 78.5% | 80.1% | 81.6% | 21.6% |
| Operating margin | โ | โ8,652.4% | โ1,464.5% | โ429.1% | โ1,151.9% | โ550.7% | โ556.4% | โ163.8% | โ470.9% |
| EBITDA margin | โ | โ8,550.9% | โ1,451.7% | โ421.7% | โ1,144.8% | โ544.6% | โ551.2% | โ161.3% | โ460.5% |
| Net margin | โ | โ8,732.3% | โ1,117.1% | โ428.7% | โ1,240.0% | โ525.9% | 5,230.7% | โ4,879.7% | โ6,944.3% |
| FCF margin | โ | โ7,194.1% | โ1,130.0% | โ269.7% | โ727.0% | โ521.2% | โ592.3% | 38.4% | โ |
| Returns | |||||||||
| Return on capital | โ | โ | โ195.1% | โ184.6% | โ206.8% | โ78.1% | โ | โ | โ |
| Return on capital employed | โ283.2% | 379.6% | โ54.4% | โ104.3% | โ48.7% | โ57.7% | โ3.2% | โ5.2% | โ21.4% |
| Return on equity | โ283.4% | โ | โ104.1% | โ85.4% | โ87.9% | โ49.7% | 70.9% | โ125.3% | โ272.7% |
| Return on assets | โ215.4% | โ756.9% | โ70.1% | โ64.2% | โ77.1% | โ43.4% | 54.0% | โ81.8% | โ133.0% |
| Return on tangible equity | โ283.4% | โ | โ47.2% | โ118.0% | โ53.3% | โ60.4% | โ73.4% | โ | โ |
| Growth | |||||||||
| Revenue growth | โ | โ | 646.5% | 269.6% | โ23.4% | 88.8% | โ19.0% | 114.8% | โ56.8% |
| Net income growth | โ | โ | โ | โ | โ | โ | โ | โ300.4% | โ |
| Share count change | โ | โ26.7% | โ49.5% | โ89.8% | 20.2% | โ82.2% | 2,924.9% | 89.1% | 114.3% |
| Financial health | |||||||||
| Debt / equity | โ | โ | 0.0x | 0.0x | 0.0x | 0.0x | โ | โ | โ |
| Interest coverage | โ | โ | โ | โ | โ | โ | โ | โ1.3x | โ0.4x |
| Current ratio | 3.4x | 0.4x | 5.4x | 3.4x | 12.3x | 7.7x | 0.6x | 0.4x | 12.5x |
| Quick ratio | 3.4x | 0.4x | 5.4x | 3.4x | 12.3x | 7.7x | 0.6x | 0.4x | 12.5x |
| Capital allocation | |||||||||
| Capex / revenue | โ | 88.8% | 64.6% | 2.5% | 6.5% | 0.4% | 0.1% | 0.3% | โ |
| Stock comp / revenue | โ | โ | โ | 135.4% | 180.2% | โ | โ | โ | โ |
| Quality scores | |||||||||
| Piotroski F-score | โ | โ | 5.0 | 4.0 | 4.0 | 4.0 | 3.0 | 4.0 | 3.0 |
| Altman Z'' | โ20.9 | โ166.8 | 0.6 | โ8.6 | 10.3 | โ0.5 | 3.5 | โ3.4 | โ16.7 |
| Accruals ratio | 9.8% | โ141.0% | โ3.2% | โ24.2% | โ32.3% | โ0.4% | 60.2% | โ82.5% | โ124.2% |
Source: SEC EDGAR XBRL filings (CIK 0001742518). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.