MMTEC FY26 H1 net loss narrows to $1.58 million; revenue drops 100% to no revenue
Reuters2026/08/12 20:26- MMTEC posted no revenue for the six months ended June 30, 2026, down 100% to nil.
- Operating loss widened 8.1% to USD 1.66 million.
- Net loss narrowed to USD 1.58 million; loss per share improved to USD 0.02.
- Other income was USD 79,908, swinging from heavy expenses a year earlier tied to notes receivable credit-loss allowances and sale losses.
- Cash fell to USD 6.51 million at June 30, 2026; MMTEC bought HC CrediSure Technology Limited for HKD 10,000 (USD 1,275).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan: Tesla (TSLA.US) Robotaxi revenue may reach $320 billions by 2035, with nearly 98% coming from its own fleet
JPMorgan analyst Rajat Gupta released a research report last week, estimating that by 2035, Tesla's Robotaxi revenue will reach approximately $320 billion, with nearly $314 billion coming from Tesla's own and operated fleet, rather than from the owner-operated "Tesla Network."
FDA approves Telix brain cancer imaging drug Pixclara for glioma PET scans
Charles Hoskinson Says AI Has Destroyed The Old Crypto Growth Metric
Kvika appoints Jón Birgir Jónsson as CEO, effective Dec. 1
Crypto prices
More
