Welcome to our dedicated page for MMTEC SEC filings (Ticker: MTC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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MMTec, Inc. reported revenue of approximately $0.81 million for the six months ended June 30, 2025, up from nil a year earlier, producing gross profit of about $0.67 million. Operating loss narrowed to approximately $1.53 million from about $2.3 million, largely because selling and marketing expenses declined in the first half of 2025. However, the company recorded a much larger net loss of approximately $46.43 million versus a net loss of $28.37 million a year earlier, driven primarily by an $24.35 million allowance for credit losses on notes receivable and a $21.29 million loss on sale of notes receivable. Basic and diluted loss per share widened to $1.84 for the six months ended June 30, 2025, from $0.14 in the prior-year period.