MMTec, Inc. (MTC)

USD 1.51

(-14.17%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 869.93 Thousand 1.09 Million 653.03 Thousand 742.12 Thousand 200.79 Thousand 26.88 Thousand
Cost of Revenue 172.94 Thousand 231.08 Thousand 141.3 Thousand 7405.00 90.89 Thousand 16.3 Thousand
Gross Profit 696.98 Thousand 868.04 Thousand 511.73 Thousand 734.72 Thousand 109.9 Thousand 10.57 Thousand
Operating Expenses 5.53 Million 6.66 Million 6.44 Million 3.91 Million 2.32 Million 2.33 Million
Selling, General and Administrative Expenses 5.53 Million 6.66 Million 6.44 Million 3.91 Million 3.05 Million 2.33 Million
Research and Development Expenses - 828.86 Thousand 744.42 Thousand 410.84 Thousand 737.32 Thousand 828.36 Thousand
Other Expenses - 6366.00 54.77 Thousand 53.64 Thousand -724.79 Thousand -1022.00
Cost and Expenses 5.71 Million 6.89 Million 6.58 Million 3.92 Million 2.41 Million 2.35 Million
Operating Income -4.84 Million -5.79 Million -5.93 Million -3.18 Million -2.21 Million -2.32 Million
Interest Expense 746.41 Thousand - - - - 12.00
Income Tax Expense - -193.74 Thousand 1.17 Million 7541.00 -64.4 Thousand -21.45 Thousand
Earnings before Tax -4.39 Million -5.64 Million -7.05 Million -3.18 Million -2.24 Million -2.34 Million
Net Income 48.95 Million -5.45 Million -8.22 Million -3.18 Million -2.17 Million -2.34 Million
Earnings Per Share Basic -0.00 -1.56 -3.36 -1.56 -1.09 -0.59
Earnings Per Share Diluted -0.05 -1.56 -3.36 -1.56 -1.09 -0.59
Weighted Average Shares Outstanding 1.19 Billion 3.49 Million 2.45 Million 2.03 Million 2 Million 3.96 Million
Weighted Average Shares Outstanding (Diluted) 105.24 Million 3.49 Million 2.45 Million 2.03 Million 2 Million 3.96 Million
Gross Margin 0.80 0.79 0.78 0.99 0.55 0.39
EBIT Margin -4.88 -5.25 -7.23 -4.17 -11.04 -87.89
Profit Margin 56.28 -4.96 -12.59 -4.30 -10.85 -87.38
EBITDA -4.24 Million -5.84 Million -6.44 Million -3.12 Million -2.91 Million -2.3 Million
Earnings Before Tax Margin -5.56 -5.27 -9.09 -4.29 -11.04 -86.58

Income Statement Charts