New Risk • Apr 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.7m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 62% per year over the past 5 years. Shareholders have been substantially diluted in the past year (295% increase in shares outstanding). Revenue is less than US$1m (US$808k revenue). New Risk • Apr 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 295% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.7m free cash flow). Earnings have declined by 62% per year over the past 5 years. Shareholders have been substantially diluted in the past year (295% increase in shares outstanding). Revenue is less than US$1m (US$808k revenue). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Apr 05
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: US$808k This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.7m free cash flow). Earnings have declined by 62% per year over the past 5 years. Revenue is less than US$1m (US$808k revenue). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Mar 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$20m). Earnings have declined by 75% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (US$2.7m revenue). Buy Or Sell Opportunity • Nov 28
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 179% to US$2.72. The fair value is estimated to be US$2.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 70%. Buy Or Sell Opportunity • Nov 05
Now 51% overvalued after recent price rise Over the last 90 days, the stock has risen 152% to US$2.21. The fair value is estimated to be US$1.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 70%. New Risk • Sep 12
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$20m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$20m). Earnings have declined by 75% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (US$2.7m revenue). Market cap is less than US$100m (US$25.2m market cap). New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (US$1.9m revenue). Market cap is less than US$100m (US$22.0m market cap). Reported Earnings • Apr 11
Full year 2024 earnings released: US$3.65 loss per share (vs US$0.33 loss in FY 2023) Full year 2024 results: US$3.65 loss per share (further deteriorated from US$0.33 loss in FY 2023). Net loss: US$91.2m (loss widened US$86.9m from FY 2023). New Risk • Feb 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.0m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$38.3m market cap). Aankondiging • Jan 13
MMTec, Inc., Annual General Meeting, Jan 24, 2025 MMTec, Inc., Annual General Meeting, Jan 24, 2025, at 20:00 China Standard Time. Location: hong kong, China New Risk • Nov 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m (US$870k revenue). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (US$63.8m market cap). New Risk • Sep 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.2m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (134% increase in shares outstanding). Revenue is less than US$1m (US$870k revenue). Minor Risk Market cap is less than US$100m (US$76.6m market cap). Reported Earnings • May 01
Full year 2023 earnings released: US$0.041 loss per share (vs US$1.61 loss in FY 2022) Full year 2023 results: US$0.041 loss per share (improved from US$1.61 loss in FY 2022). Net loss: US$4.31m (loss narrowed 24% from FY 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Board Change • Mar 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Dan Fu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 30
FLJ Group Limited (NasdaqGM:FLJ) completed the acquisition of Alpha Mind Technology Limited from MMTec, Inc. (NasdaqCM:MTC) and Burgeon Capital Inc for $180 million. FLJ Group Limited (NasdaqGM:FLJ) entered into an agreement to acquire Alpha Mind Technology Limited from MMTec, Inc. (NasdaqCM:MTC) and Burgeon Capital Inc for $180 million on November 22, 2023.At Closing, the Company shall deliver to each of the Sellers a promissory not in an aggregate amount equal to the purchase price. The Notes have a maturity of 90 days from the closing date, and will be secured by all of the issued and outstanding equity of the Target Company and all of the assets of the Target Company and its subsidiaries. If there is any Leakage, the Purchase Price should be adjusted downwards on a dollar for-dollar basis The Payment of Purchase Price to MMTEC, Inc. includes, a promissory note, in a form reasonably acceptable to MMTEC, in an amount equal to the product of: (i)(x) the Purchase Price, minus (y) the amount of Leakage (if any), multiplied by (ii) 85%, and to Burgeon Capital Inc, a promissory note, in a form reasonably acceptable to Burgeon Capital, in an amount equal to the product of (i)(x) the Purchase Price, minus (y) the amount of Leakage (if any), multiplied by (ii) 15%.In year 2022, Alpha Minds revenue amounted to $47.4 million, respectively. Upon the closing of the Acquisition, Alpha Mind will become a wholly-owned subsidiary of the Company. The Purchase Agreement contains representations, warranties, covenants and closing conditions of each of the parties thereto that are customary for transactions of this type. Under the Purchase Agreement, the closing of the transaction must occur within two business days after the closing conditions have been satisfied; provided, that if the closing does not occur within 120 days following the date of the Purchase Agreement, then either party can terminate the Purchase Agreement. In connection with the Transaction, (i) all requisite filings or registrations to be made by FLJ Group Limited have been made; and (ii) all requisite governmental authorizations to be obtained by FLJ Group Limited have been obtained on terms and conditions reasonably satisfactory to MMTec, Inc (NasdaqCM:MTC) and Burgeon Capital Inc.
FLJ Group Limited (NasdaqGM:FLJ) completed the acquisition of Alpha Mind Technology Limited from MMTec, Inc. (NasdaqCM:MTC) and Burgeon Capital Inc for $180 million on December 28, 2023. FLJ Group Limited paid in the form of a promissory note (collectively, the “Notes”) delivered to each of the Sellers in an aggregate amount equal to the purchase price. The Notes have a maturity of 90 days from the closing date, bear an interest rate of three percent (3%) per annum, and are secured by all of the issued and outstanding equity of the Target Company and all of the assets of the Target Company and its subsidiaries. Aankondiging • Nov 24
FLJ Group Limited (NasdaqGM:FLJ) entered into an agreement to acquire Alpha Mind Technology Limited from MMTec, Inc. (NasdaqCM:MTC) and Burgeon Capital Inc for $180 million. FLJ Group Limited (NasdaqGM:FLJ) entered into an agreement to acquire Alpha Mind Technology Limited from MMTec, Inc. (NasdaqCM:MTC) and Burgeon Capital Inc for $180 million on November 22, 2023.At Closing, the Company shall deliver to each of the Sellers a promissory not in an aggregate amount equal to the purchase price. The Notes have a maturity of 90 days from the closing date, and will be secured by all of the issued and outstanding equity of the Target Company and all of the assets of the Target Company and its subsidiaries. If there is any Leakage, the Purchase Price should be adjusted downwards on a dollar for-dollar basis The Payment of Purchase Price to MMTEC, Inc. includes, a promissory note, in a form reasonably acceptable to MMTEC, in an amount equal to the product of: (i)(x) the Purchase Price, minus (y) the amount of Leakage (if any), multiplied by (ii) 85%, and to Burgeon Capital Inc, a promissory note, in a form reasonably acceptable to Burgeon Capital, in an amount equal to the product of (i)(x) the Purchase Price, minus (y) the amount of Leakage (if any), multiplied by (ii) 15%.In year 2022, Alpha Minds revenue amounted to $47.4 million, respectively. Upon the closing of the Acquisition, Alpha Mind will become a wholly-owned subsidiary of the Company. The Purchase Agreement contains representations, warranties, covenants and closing conditions of each of the parties thereto that are customary for transactions of this type. Under the Purchase Agreement, the closing of the transaction must occur within two business days after the closing conditions have been satisfied; provided, that if the closing does not occur within 120 days following the date of the Purchase Agreement, then either party can terminate the Purchase Agreement. In connection with the Transaction, (i) all requisite filings or registrations to be made by FLJ Group Limited have been made; and (ii) all requisite governmental authorizations to be obtained by FLJ Group Limited have been obtained on terms and conditions reasonably satisfactory to MMTec, Inc (NasdaqCM:MTC) and Burgeon Capital Inc. New Risk • Oct 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (31% average weekly change). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 61x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (US$1.1m revenue). Aankondiging • Oct 14
MMTec, Inc., Annual General Meeting, Nov 10, 2023 MMTec, Inc., Annual General Meeting, Nov 10, 2023, at 09:00 China Standard Time. Location: Company’s principal executive offices at Room 2302 23rd Floor, FWD Financial Center, 308 Des Voeux Road Central, Sheung Wan Hong Kong Agenda: To elect Class C director to serve until the next Annual Meeting of Shareholders at which Class C directors are elected and until his successor is duly appointed; To elect Class A directors, each to serve until the next Annual Meeting of Shareholders at which Class A directors are elected and until each successor is duly appointed; To transact any other business that is properly brought before the Annual Meeting or any adjournment or postponement thereof. Aankondiging • Jun 29
MMTEC Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency MMTEC, Inc. announced that on June 27, 2023, 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 informed the Company that the minimum closing bid price per share for its 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 in Nasdaq Listing Rule 5550(a)(2). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The Notification Letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until December 26, 2023 (the ‘Compliance Period’), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance by December 26, 2023, the Company may be eligible for an additional 180 calendar day period to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to the expiration of the second compliance period. Aankondiging • Jun 09
MMTec, Inc. Completed the acquisition of 85% stake in Alpha Mind Technology Limited from Alfa Crest Investment Limited and CapitoLabs Limited MMTec, Inc. entered into an equity acquisition agreement to acquire 85% stake in Alpha Mind Technology Limited from Alfa Crest Investment Limited and CapitoLabs Limited for $99.7 million on May 16, 2023. The consideration of $99.7 million includes $7 million in the form of a convertible promissory note.MMTec, Inc. Completed the acquisition of 85% stake in Alpha Mind Technology Limited from Alfa Crest Investment Limited and CapitoLabs Limited on June 8, 2023. Aankondiging • May 19
MMTec, Inc. entered into an equity acquisition agreement to acquire 85% stake in Alpha Mind Technology Limited from Alfa Crest Investment Limited and CapitoLabs Limited for $99.7 million. MMTec, Inc. entered into an equity acquisition agreement to acquire 85% stake in Alpha Mind Technology Limited from Alfa Crest Investment Limited and CapitoLabs Limited for $99.7 million on May 16, 2023. The consideration of $99.7 million includes $7 million in the form of a convertible promissory note. Reported Earnings • Apr 14
Full year 2022 earnings released: US$1.61 loss per share (vs US$2.88 loss in FY 2021) Full year 2022 results: US$1.61 loss per share (improved from US$2.88 loss in FY 2021). Revenue: US$1.10m (up 68% from FY 2021). Net loss: US$5.65m (loss narrowed 20% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 13
First half 2022 earnings released: US$0.92 loss per share (vs US$0.99 loss in 1H 2021) First half 2022 results: US$0.92 loss per share. Net loss: US$2.89m (loss widened 22% from 1H 2021). Aankondiging • Aug 12
MMTec, Inc. announced that it expects to receive $6 million in funding MMTec, Inc. entered in a common stock purchase agreement with VG Master Fund SPC for gross proceeds of $6 million of common shares on August 10, 2022. Each share will have a par value $0.01. The company will issue 53,334 shares of common stock. The offer and sale of the Securities in accordance with the terms and conditions of this agreement is exempt from the registration requirements of the Securities Act pursuant to Section 4(a)(2) and/or Rule 506(b) of Regulation D. Aankondiging • Jul 29
MMTec Regains Compliance with NASDAQ Minimum Bid Price Requirement MMTec, Inc. announced that on July 27, 2022, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The Company regained compliance with NASDAQ's requirements when the closing bid price for the Company's common stock was at or above $1.00 for 10 consecutive business days and the matter is now closed. Reported Earnings • Apr 27
Full year 2021 earnings released: US$0.29 loss per share (vs US$0.16 loss in FY 2020) Full year 2021 results: US$0.29 loss per share (down from US$0.16 loss in FY 2020). Net loss: US$7.05m (loss widened 122% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year whereas the company’s share price has fallen by 49% per year. Reported Earnings • Apr 23
Full year 2021 earnings released: US$0.29 loss per share (vs US$0.16 loss in FY 2020) Full year 2021 results: US$0.29 loss per share (down from US$0.16 loss in FY 2020). Net loss: US$7.05m (loss widened 122% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year whereas the company’s share price has fallen by 45% per year. Aankondiging • Jan 31
MMTEC, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency MMTEC, Inc. announced that on January 26, 2022,t 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 informed the Company that the minimum closing bid price per share for its 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). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The Notification Letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until July 25, 2022 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance by July 25, 2022, the Company may be eligible for an additional 180 calendar day period to regain compliance. Aankondiging • Dec 30
Mmtec, Inc. announced that it has received $2 million in funding On December 28, 2021, Mmtec, Inc. closed the transaction. The transaction included participation from one investor. Reported Earnings • Oct 03
First half 2021 earnings released: US$0.099 loss per share (vs US$0.05 loss in 1H 2020) First half 2021 results: Net loss: US$2.37m (loss widened 134% from 1H 2020). Reported Earnings • Apr 26
Full year 2020 earnings released: US$0.16 loss per share (vs US$0.11 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$742.1k (up 270% from FY 2019). Net loss: US$3.18m (loss widened 42% from FY 2019). Recent Insider Transactions Derivative • Feb 23
Director notifies of intention to sell stock Hinman Au intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of February. If the sale is conducted around the recent share price of US$4.96, it would amount to US$992k. Since June 2020, Hinman has owned 360.00k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Is New 90 Day High Low • Feb 06
New 90-day high: US$2.58 The company is up 166% from its price of US$0.97 on 06 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: US$2.16 The company is up 91% from its price of US$1.13 on 15 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: US$2.01 The company is up 108% from its price of US$0.96 on 27 August 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period. Reported Earnings • Oct 18
First half earnings released Over the last 12 months the company has reported total losses of US$1.93m, with losses narrowing by 26% from the prior year. Aankondiging • Jul 30
Mmtec, Inc. completed the acquisition of remaining 75.1% stake in MMBD Trading Ltd. from Xiangdong Wen (the Chairman of the Board) and Zhen Fan (the Chief Executive Officer) for US$ 0.185 million. Mmtec, Inc. agreed to acquire remaining 75.1% stake in MMBD Trading Ltd. from Xiangdong Wen (the Chairman of the Board) and Zhen Fan (the Chief Executive Officer) for US$ 0.185 million on April 25, 2019.
Mmtec, Inc. completed the acquisition of remaining 75.1% stake in MMBD Trading Ltd. from Xiangdong Wen (the Chairman of the Board) and Zhen Fan (the Chief Executive Officer) for US$ 0.185 million on October 18, 2019. 
