MMTec
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. MMTec's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 21% to $869,935. The net income raised on $48,958,083 and profit margin reached 5628%. Total operating expenses were $5,537,324.
Profit Margin
| 2016 | 0 | -661.20K | |
|---|---|---|---|
| 2017 | 0 | -919.19K | |
| 2018 | 26.88K | -2.34M | -8738.2% |
| 2019 | 200.79K | -2.17M | -1085.09% |
| 2020 | 742.12K | -3.18M | -429.73% |
| 2021 | 653.03K | -8.22M | -1259.21% |
| 2022 | 1.09M | -5.45M | -495.99% |
| 2023 | 869.93K | 48.95M | 5627.79% |
MTC Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 869.93K | 1.09M | 653.03K | 742.12K | 200.79K | 26.88K | 0 | 0 |
Cost of revenue | 172.94K | 231.08K | 141.30K | 7.40K | 90.89K | 16.30K | 702.98K | 514.46K |
Gross profit | 696.98K | 868.04K | 511.73K | 734.72K | 109.90K | 10.57K | -702.98K | -514.46K |
Operating exp. | ||||||||
Research and development | 0 | 828.86K | 744.42K | 410.84K | 737.32K | 0 | 513.57K | 0 |
Selling and marketing | 901.31K | 1.00M | 303.07K | 244.16K | 389.75K | 171.01K | 0 | 0 |
Total operating expenses | 5.53M | 6.66M | 6.44M | 3.91M | 2.32M | 2.33M | 918.6K | 666.02K |
Operating income | -4.84M | -5.79M | -5.93M | -3.18M | -2.21M | -2.32M | -918.6K | -666.02K |
Other income (expenses), net | 448.35K | 147.23K | -1.11M | 2.55K | -27.25K | -21.93K | -598 | 3.01K |
Income before tax | -4.39M | -5.64M | -7.05M | -3.18M | -2.24M | -2.34M | -919.19K | -661.20K |
Income tax expense | 0 | -193.74K | 1.17M | 7.54K | -64.40K | -21.45K | -957 | -1.81K |
Net income | 48.95M | -5.45M | -8.22M | -3.18M | -2.17M | -2.34M | -919.19K | -661.20K |
Earnings per share | ||||||||
Basic EPS | 0.47 | -1.56 | -3.36 | -1.56 | -1.09 | -0.59 | -0.17 | -0.12 |
Diluted EPS | 0.47 | -1.56 | -3.36 | -1.56 | -1.09 | -0.59 | -0.17 | -0.12 |
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