Mercurity Fintech Holding Inc.

Mercurity Fintech Holding Inc.

MFHยทNASDAQ

$5.65

+0.0000%
Financial ServicesFinancial - Capital Markets

Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integration, and customization of operational software based on blockchain technologies and related services in the British Virgin Islands and the Asia pacific region. It provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders, blockchain-based virtual communities, and liquidity providers.; an asset digitalization platform, which provides blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals. The company also offers a decentralized finance platform that solves retail traders' problems; cross-border payments services; and supplemental services for its platforms, such as customized software development, maintenance, and compliance support services. In addition, it provides blockchain technology services, which includes designing and developing digital asset transaction platforms, digital asset quantitative investment software, and other innovative and derivative services based on blockchain technologies; and cryptocurrency mining services that provides computing power to the mining pool. The company was formerly known as JMU Limited and changed its name to Mercurity Fintech Holding Inc. in April 2020. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in Beijing, the People's Republic of China.

At a Glance

Live Snapshot
Market Cap$390.29M
EPS-0.0745
P/E Ratio-75.84
Earnings Date04/23/2024
3Y+50.0%
5Y-42.0%
10Y-91.0%
3Y-79.0%
5Y+270.0%
10Y-95.0%
3Y-11.0%
5Y+454.0%
10Y-89.0%
Mercurity Fintech Holding Inc.

Mercurity Fintech Holding Inc. Profit Bridge

MFH ยท NASDAQ
Revenue1.01M
Cost of Goods Sold (1.38M)
Gross Profit-375.51K
Operating Expenses (4.24M)
Operating Income-4.62M
Interest Expense (382.60K)
Other Income/Expense419.42K
Pretax Income-4.20M
Income Tax (336.99K)
Net Income-4.53M
Net Income
-4.53M

Profitability Analysis

Gross Margin

-37.3%

Negative gross margin indicates the company is losing money on each saleโ€”unsustainable long-term.

Operating Margin

-458.3%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-450.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Mercurity Fintech Holding Inc. Income Statement

MFH โ€ข NASDAQ

Mercurity Fintech Holding Inc. Income StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
REVENUE
1M
445.9K
863.4K
670.2K
1.4M
1.7M
36.5M
88.7M
73.2M
11.5M
30.1M
36.3M
27.8M
GROSS PROFIT
(1.4M)
(1.4M)
(1.4M)
(702.7K)
(154.3K)
(257K)
(35.6M)
(88.2M)
(72.9M)
(13.2M)
(7M)
(6.6M)
(7.2M)
-375.5K
-978.4K
-517.2K
-32.5K
1.3M
1.5M
876.1K
548.8K
344K
-1.7M
23M
29.7M
20.6M
OPERATING INCOME
(4.2M)
(7.5M)
(5.4M)
(13.3M)
(2M)
(1M)
(10.1M)
(21.9M)
(27.9M)
(18.3M)
(66.7M)
(59.7M)
(59.5M)
(2.2M)
(3M)
(2.2M)
(10.4M)
(2.1M)
(1M)
(10.1M)
(21.9M)
(27.9M)
(18.3M)
(66.7M)
(59.7M)
(59.5M)
-4.6M
-8.5M
-5.9M
-13.3M
166.6K
455.8K
-124.4M
-168.4M
-27.6M
-105.9M
-43.7M
-32.1M
-38.9M
PRE-TAX INCOME
(382.6K)
(646.1K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(12K)
(136.7K)
(223.8K)
204.1K
-646.1K
5.1K
1.1K
8K
279.0
0.0
0.0
26.1K
7.4K
-5K
-92.8K
-203.2K
(2.1M)
(4.6M)
(3.2M)
(2.9M)
-131.9K
(0.0)
-33.2K
(27.9K)
(39K)
(46.2K)
-196K
(0.0)
(20.3K)
419.4K
-948.6K
1.7K
940.0
-24.6K
311.5K
-123.5M
-167.3M
65.5K
-85.9M
4.0
-181.2K
-211.8K
-4.2M
-9.4M
-5.9M
-13.3M
-693.3K
483K
-125.3M
-168.8M
-27.5M
-105.9M
-43.9M
-32.3M
-39.1M
NET INCOME
(337K)
-90.8K
-248.7K
(0.0)
(0.0)
(1.7M)
-2.1M
-6.9M
-2.2M
-1.2M
-81K
-80.5K
-68.7K
-4.5M
-9.4M
-5.6M
-21.7M
-1.7M
-1.2M
-123.2M
-161.9M
-25.3M
-93.6M
-43.9M
-32.2M
-39M

SEC Filings

MFH - Filing history and reports

No SEC filings available for MFH