MMTEC, INC. (MTC) SEC Filings & Earnings Calls
EquiReason read 5 MMTEC, INC. SEC filings in the last 12 months. Latest: 6-K on 2026-08-12 — Revenue decreased 100% to nil; net loss improved to $1.58M from $46.43M due to prior-year credit loss allowances; no guidance provided..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 543.7M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
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Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
12 Aug 20266-KRevenue decreased 100% to nil; net loss improved to $1.58M from $46.43M due to prior-year credit loss allowances; no guidance provided.earningsopen
Figures in the filing · each found in the filing text
| Loss from operations · H1-2026 | $2M | +9% y/y |
| Net loss · H1-2026 | $2M | -97% y/y |
| Loss per share · H1-2026 | $0.02 | -99% y/y |
Risks flagged
Complete revenue loss indicates potential going concern risk; company has no current revenue stream.
“Revenue decreased by 100% from approximately $0.81 million to nil” · word for word
Operating loss increased despite cost cuts, signaling structural profitability issues.
“Loss from operations was approximately $1.66 million, compared to approximately $1.53 million for the same period in 2025” · word for word
2 Apr 202620-FFY2025 net loss improved to $56.1M from $91.2M, but revenue collapsed 57% and gross margin fell from 81.6% to 21.6%.earningsopen
Figures in the filing · each found in the filing text
| Total net revenues · FY2025 | $807500.00 | -57% y/y |
| Gross profit · FY2025 | $174500.00 | -89% y/y |
| Gross margin · FY2025 | 21.6% | |
| Net loss from continuing operations · FY2025 | $56M | -38% y/y |
| Cash and cash equivalents · FY2025 | $8M | +185% y/y |
| Placement agent services revenue · FY2025 | $807500.00 | -57% y/y |
| Allowance for credit losses on notes receivable · FY2025 | $24M | -74% y/y |
| Loss on sale of notes receivable · FY2025 | $21M | |
| Imputed interest expense on convertible promissory notes · FY2025 | $9M | +282% y/y |
| Selling and marketing expenses · FY2025 | $342816.00 | -52% y/y |
Risks flagged
XChange Note Impairment Risk
“The XChange Note is subject to collection risk due to XChange’s going concern uncertainty, which may result in impairment of the XChange Note or receipt of XChange shares with limited value.” · word for word
Nasdaq Bid Price Non-Compliance
“On January 26, 2022, the Nasdaq Listing Qualifications Department notified us that that minimum closing bid price per share for our common stock was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).” · word for word
PRC Regulatory Risk
“Recent statements and regulatory actions by the Chinese government have targeted those companies whose operations involves cross-border data security or anti-monopoly concerns.” · word for word
Investment Company Act Risk
“Since we do not hold a controlling interest in XChange, the XChange Note and the XChange shares underlying the XChange Note could be deemed under the Investment Company Act to exceed 40% of our total assets, exclusive of government securities cash items and on an unconsolidated basis, and accordingly, we may be deemed to be a transient investment company.” · word for word
11 Dec 20256-KMMTEC received Nasdaq decision confirming compliance with minimum bid price rule after reverse stock split; delisting determination reversed, company placed under one-year Panel Monitor. Positive resolution of delisting risk.open
Risks flagged
Continued listing risk remains due to one-year Panel Monitor; potential for future non-compliance if bid price falls below $1.00.
“Panel Monitor for a one-year period from the date of the Decision Letter.” · word for word
28 Oct 20256-KNasdaq issued delisting determination due to minimum bid price deficiency; company ineligible for compliance period due to prior reverse stock split. Trading may be suspended Nov 5, 2025 unless appeal is filed.open
Risks flagged
Delisting risk: Nasdaq determined to delist due to bid price <$1.00 for 30 consecutive days; ineligible for compliance period due to prior reverse stock split.
“Determination 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... the Company is not eligible for the 180-calendar day compliance period.” · word for word
MMTEC, INC. — questions
- What did MMTEC, INC. file recently?
- 5 SEC filings in the last 12 months. Latest: 6-K on 2026-08-12 — Revenue decreased 100% to nil; net loss improved to $1.58M from $46.43M due to prior-year credit loss allowances; no guidance provided.
Every figure on this page comes from MMTEC, INC.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.