The company's revenue trajectory has collapsed, evidenced by a TTM revenue figure of negative $20.48 million, rendering traditional margin analysis economically meaningless.
| Sales/Revenue | -20.48M | 1.87M | 869.93K | 1.07M | 653.04K | 742.13K | 200.8K | 26.88K | 0 | 0 |
| Revenue Growth % | -1196.43% | 114.77% | -18.95% | 64.36% | -12% | 269.59% | 646.96% | - | - | - |
| Cost of Goods Sold | 800.86K | 436.6K | 264.51K | 363.94K | 221.56K | 116.56K | 142.57K | 963.98K | 41.94K | 28.02K |
| COGS % of Revenue | -3.91% | 23.37% | 30.41% | 33.91% | 33.93% | 15.71% | 71% | 3585.98% | - | - |
| Gross Profit | -21.29M | 1.43M | 605.42K | 709.41K | 431.47K | 625.57K | 58.23K | -937.1K | -41.94K | -28.02K |
| Gross Margin % | 103.91% | 76.63% | 69.59% | 66.09% | 66.07% | 84.29% | 29% | -3485.98% | - | - |
| Gross Profit Growth % | -1586.72% | 136.48% | -14.66% | 64.42% | -31.03% | 974.32% | 106.21% | -2134.49% | -49.67% | - |
| Operating Expenses | 27.7M | 94.73M | 4.9M | 6.62M | 6.91M | 3.81M | 3M | 1.32M | 876.66K | 638.01K |
| OpEx % of Revenue | -135.2% | 5070.21% | 562.77% | 616.86% | 1058.85% | 513.35% | 1493.55% | 4893.39% | - | - |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.34M | 897.63K | 652.02K |
| SG&A % of Revenue | - | - | - | - | - | - | - | 4994.98% | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 27.7M | 94.73M | 4.9M | 6.62M | 6.91M | 3.81M | 3M | -27.31K | -20.97K | -14.01K |
| Operating Income | -48.98M | -93.3M | -4.29M | -5.91M | -6.48M | -3.18M | -2.94M | -2.25M | -918.6K | -666.03K |
| Operating Margin % | 239.11% | -4993.58% | -493.18% | -550.76% | -992.78% | -429.06% | -1464.55% | -8379.36% | - | - |
| Operating Income Growth % | 47.5% | -2074.58% | 27.43% | 8.82% | -103.61% | -8.28% | -30.55% | -145.21% | -37.92% | - |
| EBITDA | -48.9M | -93.25M | -4.24M | -5.85M | -6.44M | -3.13M | -2.91M | -2.23M | -897.63K | -652.02K |
| EBITDA Margin % | 238.7% | -4991.08% | -487.92% | -544.57% | -986.63% | -421.7% | -1451.68% | -8277.77% | - | - |
| EBITDA Growth % | 47.56% | -2096.93% | 27.38% | 9.28% | -105.88% | -7.36% | -30.99% | -147.9% | -37.67% | - |
| D&A (Non-Cash Add-back) | 83.93K | 46.76K | 45.78K | 66.43K | 40.13K | 54.58K | 25.84K | 27.31K | 20.97K | 14.01K |
| EBIT | -47.38M | -88.72M | -3.65M | -5.66M | -7.05M | -3.18M | -2.24M | -2.35M | -919.2K | -661.21K |
| Net Interest Income | -7.09M | 2.08M | -536.97K | 94.37K | 1.66K | 30.48K | 37.37K | 471 | 0 | 0 |
| Interest Income | 1.59M | 4.5M | 209.44K | 94.37K | 1.66K | 30.48K | 37.37K | 483 | 957 | 1.81K |
| Interest Expense | 8.69M | 2.42M | 746.41K | 0 | 0 | 0 | 0 | 12 | 0 | 0 |
| Other Income/Expense | -7.08M | 2.15M | -3.56M | 247.24K | -567.57K | 2.56K | 697.54K | -96.46K | -598 | 4.82K |
| Pretax Income | -56.07M | -91.14M | -7.85M | -5.66M | -7.05M | -3.18M | -2.24M | -2.35M | -919.2K | -661.21K |
| Pretax Margin % | 273.7% | -4878.35% | -902.18% | -527.73% | -1079.69% | -428.71% | -1117.17% | -8738.19% | - | - |
| Income Tax | 8.97K | 24.52K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.02% | -0.03% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -56.08M | -91.17M | -8.32M | -5.65M | -7.05M | -3.18M | -2.24M | -2.35M | -919.2K | -661.21K |
| Net Margin % | 273.74% | -4879.66% | -956.06% | -525.96% | -1079.69% | -428.71% | -1117.17% | -8738.19% | - | - |
| Net Income Growth % | 38.49% | -996.16% | -47.33% | 19.93% | -121.61% | -41.83% | 4.5% | -155.55% | -39.02% | - |
| Net Income (Continuing) | -56.08M | -91.17M | -7.85M | -5.66M | -7.05M | -3.18M | -2.24M | -2.35M | -919.2K | -661.21K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.05 | -3.65 | -0.63 | -1.56 | -3.36 | -1.56 | -1.09 | -1.04 | -0.17 | -0.12 |
| EPS Growth % | 71.23% | -479.37% | 59.62% | 53.57% | -115.38% | -43.12% | -4.81% | -511.76% | -41.67% | - |
| EPS (Basic) | -1.05 | -3.65 | -0.63 | -1.56 | -3.36 | -1.56 | -1.09 | -1.04 | -0.17 | -0.12 |
| Diluted Shares Outstanding | 53.56M | 25M | 13.22M | 3.5M | 2.45M | 2.04M | 2M | 2.26M | 5.4M | 5.4M |
| Basic Shares Outstanding | 53.56M | 25M | 13.22M | 3.5M | 2.45M | 2.04M | 2M | 2.26M | 5.4M | 5.4M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Regulatory and solvency collapse
According to recent financial disclosures, MTC reported a TTM revenue figure of negative $20.48 million, a catastrophic reversal that suggests either a total cessation of transactional volume or significant accounting adjustments that effectively negate the firm's historical ability to generate top-line growth from its core software offerings.
The transition from positive revenue to a negative balance indicates that the company's business model is no longer functioning as a viable commercial entity. Investors should interpret this volatility as a sign that the firm's institutional client base has likely abandoned the platform, rendering the current revenue trajectory unsustainable.
Based on reported figures, the company's gross and operating margins have reached anomalous levels, such as a 239.11% operating margin against negative revenue, which indicates that the income statement is currently decoupled from standard operational realities and reflects severe financial distress rather than actual pricing power.
These distorted margins are likely the result of one-time credits or massive revenue clawbacks that mask the underlying cost of service delivery. Analysts should view these figures as accounting artifacts rather than indicators of competitive advantage or structural profitability.
As reported in financial statements, the company's net income has consistently remained in deep deficit, with the most recent periods showing losses that dwarf the firm's remaining cash reserves, suggesting that the quality of earnings is non-existent and the firm faces significant going-concern risks.
The absence of meaningful operating income, combined with the erratic nature of the reported net losses, implies that the firm is struggling to maintain its core operations. The lack of stock-based compensation in recent periods may further indicate a loss of human capital or a shift in how the firm attempts to manage its dwindling resources.
While the company maintains a cash balance of $8.18 million, the rapid depletion of its revenue base suggests that the firm's primary value proposition is under existential threat from both regulatory tightening in the PRC and a fundamental breakdown in its institutional SaaS delivery model.
Short-sellers would likely focus on the inability of the firm to stabilize its top line, which suggests that the current cash position may be insufficient to fund a turnaround. The reliance on a niche market for cross-border trading makes the firm highly susceptible to sudden regulatory shifts that could permanently impair its remaining assets.
Quick answers to the most common questions about buying MTC stock.
For fiscal year 2025, MMTec, Inc. (MTC) reported total revenue of $-20.5M.
MMTec, Inc. (MTC) reported a net loss of $56.1M for the fiscal year ending 2025.
MMTec, Inc. (MTC) reported an operating income of $-49.0M, resulting in an operating profit margin of 239.1%. This margin reflects the operational efficiency of the business before interest and taxes.
MMTec, Inc. (MTC) generated $-21.3M in gross profit for the year, representing a gross profit margin of 103.9%. This demonstrates the company's core pricing power and production efficiency.