Technology - Software - Application - NASDAQ - CN
$ 0.3205
0.125 %
$ 63.8 M
Market Cap
-8.01
P/E
MMTec, Inc., together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements worldwide. The company operates in two segments, Gujia, MM Future, MMBD Advisory and HC Securities; and MM Global. It offers Internet-based securities solutions comprising Securities Dealers Trading System, which supports securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web applications.[ Read More ]
The intrinsic value of one MTC stock under the base case scenario is HIDDEN Compared to the current market price of 0.321 USD, MMTec, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MTC
FINANCIALS
870 K
REVENUE
-4.84 M
OPERATING INCOME
-4.31 M
NET INCOME
-5.15 M
OPERATING CASH FLOW
-86.5 M
INVESTING CASH FLOW
89.7 M
FINANCING CASH FLOW
1.43 M
REVENUE
-3.09 M
OPERATING INCOME
-7.19 M
NET INCOME
-1.51 M
OPERATING CASH FLOW
-86.8 M
INVESTING CASH FLOW
44 M
FINANCING CASH FLOW
Balance Sheet Decomposition
MMTec, Inc.
| Current Assets | 3.02 M |
| Cash & Short-Term Investments | 1.76 M |
| Receivables | 92 K |
| Other Current Assets | 1.17 M |
| Non-Current Assets | 154 M |
| Long-Term Investments | 0 |
| PP&E | 774 K |
| Other Non-Current Assets | 153 M |
| Current Liabilities | 1.99 M |
| Accounts Payable | 0 |
| Short-Term Debt | 616 K |
| Other Current Liabilities | 1.38 M |
| Non-Current Liabilities | 32.6 M |
| Long-Term Debt | 32.5 M |
| Other Non-Current Liabilities | 83.7 K |
EFFICIENCY
Earnings Waterfall
MMTec, Inc.
| Revenue | 870 K |
| Cost Of Revenue | 173 K |
| Gross Profit | 697 K |
| Operating Expenses | 5.54 M |
| Operating Income | -4.84 M |
| Other Expenses | -531 K |
| Net Income | -4.31 M |
RATIOS
80.12%
GROSS MARGIN
-556.40%
OPERATING MARGIN
5627.79%
NET MARGIN
40.01%
ROE
31.19%
ROA
-3.13%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MMTec, Inc.
| Net Income | -4.31 M |
| Depreciation & Amortization | 45.8 K |
| Capital Expenditures | -970 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -776 K |
| Others | -996 K |
| Free Cash Flow | -5.15 M |
Wall Street Analysts Price Targets
MMTec, Inc.
MTC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
MMTec, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
MMTEC, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
HONG KONG , July 10, 2024 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), a China-based technology company that provides access to the U.S. financial markets, today announced that on July 8, 2024, the Company received a notification letter (the "Notification Letter") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") regarding a failure to meet Nasdaq's minimum bid price requirements. The Notification Letter advised that for the last 30 consecutive business the minimum closing bid price per share for the Company's common stock was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule").
prnewswire.com
- 4 months ago
MMTEC, INC. ANNOUNCES A PAUSE ON FINANCING ACTIVITIES IN THE NEXT SIX MONTHS
HONG KONG , May 8, 2024 /PRNewswire/ -- MMTEC, Inc. ("MMTEC" or the "Company") (Nasdaq: MTC), announced that it will suspend the acceptance of new investments and pause the Company's capital raising activities for the next six months. In light of the Company's current capital position, combined with a comprehensive assessment of the current market environment and our business operations, our management team has decided to suspend the Company's financing plans for the next six months.
prnewswire.com
- 6 months ago
MMTEC, Inc. Regains Compliance with Nasdaq Minimum Bid Price Deficiency
HONG KONG , Nov. 8, 2023 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), a China-based technology company that provides access to the U.S. financial markets, today announced that the Company received a notification letter (the "Notification Letter") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and that the matter is closed. As previously disclosed, MMTec, Inc. (the "Company"), received a deficiency letter from the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") on June 27, 2023, indicating that the Company was not in compliance with Nasdaq Rule 5550(a)(2) (the "Bid Price Rule"), as the closing bid price for the Company's common stock had been below $1.00 per share for the preceding 30 consecutive business days.
prnewswire.com
- 1 year ago
MMTEC, INC. TO HOLD ITS 2023 ANNUAL MEETING OF SHAREHOLDERS ON NOVEMBER 10, 2023
HONG KONG, Oct. 13, 2023 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), a China-based technology company that provides access to the U.S. financial markets, today announced that it will hold its 2023 annual meeting of shareholders (the "2023 Annual Meeting") at its principal executive offices at Room 2302, 23rd Floor, FWD Financial Center, 308 Des Voeux Road Central, Sheung Wan, Hong Kong, on November 10, 2023, at 9:00 a.m. local China time (or 8:00 p.m.
prnewswire.com
- 1 year ago
Chinese small cap MMTec's stock rallies 9% premarket
Shares of Chinese small cap MMTec Inc. MTC, -15.03% rose 9% in premarket trades Monday. The stock ended Friday's session down 15%, outpacing the S&P 500 index's SPX, -0.14% decline of 0.1%.
marketwatch.com
- 1 year ago
Small-cap Chinese stocks spark meme-like buzz
Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to data from Stocktwits, a social platform for investors and traders.
marketwatch.com
- 1 year ago
3 Hot Penny Stocks To Watch After JPMorgan, FRC Stock News
Are these penny stocks worth the risk after JPMorgan's FRC takeover? The post 3 Hot Penny Stocks To Watch After JPMorgan, FRC Stock News appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
pennystocks.com
- 1 year ago
Why Is MMTEC (MTC) Stock Up 59% Today?
MMTEC (NASDAQ: MTC ) stock is taking off on Thursday without any clear news from the internet-based technology services and solutions company. There's no news directly from the company this morning that explains the rally.
investorplace.com
- 1 year ago
MMTEC, Inc. Announces Half Year 2021 Unaudited Financial Results
BEIJING, Sept. 30, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), a China based technology company that provides access to the U.S. financial markets, today announced its unaudited financial results for the six months ended June 30, 2021.
prnewswire.com
- 3 years ago
Is Making Money With Penny Stocks Possible in July 2021? 7 to Watch
Looking to invest in penny stocks in July? Here's some tips to help out The post Is Making Money With Penny Stocks Possible in July 2021?
pennystocks.com
- 3 years ago
MMTEC, Inc. Announces 2020 Year-End Financial Results
BEIJING, April 23, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), a China based technology company that provides access to the U.S. financial markets, today announced its financial results for the year ended December 31, 2020. Comparison of Results of Operations for the Years Ended December 31, 2020 and 2019.
prnewswire.com
- 3 years ago
MTC Stock Price Increases Over 50% Pre-Market: Why It Happened
The stock price of MMTec Inc (NASDAQ: MTC) is trading at over 80% pre-market. This is why it happened.
pulse2.com
- 3 years ago
8. Profile Summary
MMTec, Inc. MTC
COUNTRY
CN
INDUSTRY
Software - Application
MARKET CAP
$ 63.8 M
Dividend Yield
0.00%
Description
MMTec, Inc., together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements worldwide. The company operates in two segments, Gujia, MM Future, MMBD Advisory and HC Securities; and MM Global. It offers Internet-based securities solutions comprising Securities Dealers Trading System, which supports securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web applications. The company enables its customers to white label its trading interface, as well as select modular functionalities. It serves hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms. The company was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
Contact
AF, Block B, Jiacheng Plaza, Beijing, 100027
https://www.haisc.com
IPO Date
Jan. 9, 2019
Employees
65
Officers
Mr. Xiangdong Wen
Chairman & Chief Executive Officer
Qiong Yu
IR Manager
Mr. Min Kong
Chief Financial Officer & Director