MMTec Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for MMTec.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Software earnings growth	16.9%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

No updates

Recent updates

Would MMTec (NASDAQ:MTC) Be Better Off With Less Debt?

May 02

Here's Why MMTec, Inc.'s (NASDAQ:MTC) CEO Compensation Is The Least Of Shareholders Concerns

Nov 03

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MMTec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NasdaqCM:MTC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2024	-2	-28	-4	-4	N/A
3/31/2024	-1	-16	-5	-5	N/A
12/31/2023	1	-4	-5	-5	N/A
6/30/2023	3	-17	-4	-4	N/A
3/31/2023	2	-11	-5	-5	N/A
12/31/2022	1	-6	-6	-6	N/A
9/30/2022	1	-7	-6	-6	N/A
6/30/2022	1	-8	-7	-7	N/A
3/31/2022	1	-7	-5	-5	N/A
12/31/2021	1	-7	-4	-4	N/A
9/30/2021	1	-6	-3	-3	N/A
6/30/2021	1	-5	-2	-2	N/A
3/31/2021	1	-4	-2	-2	N/A
12/31/2020	1	-3	-2	-2	N/A
9/30/2020	1	-3	-2	-2	N/A
6/30/2020	0	-2	-2	-2	N/A
3/31/2020	0	-2	-2	-2	N/A
12/31/2019	0	-2	-2	-2	N/A
9/30/2019	0	-2	-2	-2	N/A
6/30/2019	0	-3	-3	-3	N/A
3/31/2019	0	-2	-2	-2	N/A
12/31/2018	0	-2	-2	-2	N/A
9/30/2018	0	-2	-2	-2	N/A
6/30/2018	N/A	-2	-2	-2	N/A
3/31/2018	N/A	-1	N/A	-1	N/A
12/31/2017	N/A	-1	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MTC's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if MTC's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if MTC's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if MTC's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if MTC's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MTC's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 17:29
End of Day Share Price	2024/12/19 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MMTec, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

MMTec Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

New minor risk - Financial data availability

New major risk - Share price stability

Would MMTec (NASDAQ:MTC) Be Better Off With Less Debt?

Full year 2023 earnings released: US$0.041 loss per share (vs US$1.61 loss in FY 2022)

Less than half of directors are independent

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.

Here's Why MMTec, Inc.'s (NASDAQ:MTC) CEO Compensation Is The Least Of Shareholders Concerns

New minor risk - Financial data availability

MMTec, Inc., Annual General Meeting, Nov 10, 2023

MMTEC Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

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.

Will MMTec (NASDAQ:MTC) Spend Its Cash Wisely?

Full year 2022 earnings released: US$1.61 loss per share (vs US$2.88 loss in FY 2021)

First half 2022 earnings released: US$0.92 loss per share (vs US$0.99 loss in 1H 2021)

Mmtec GAAP EPS of -$0.92, revenue of $0.73M

MMTec, Inc. announced that it expects to receive $6 million in funding

MMTEC announces $6M in equity line financing

We're Hopeful That MMTec (NASDAQ:MTC) Will Use Its Cash Wisely

MMTec Regains Compliance with NASDAQ Minimum Bid Price Requirement

MMTEC regains compliance with minimum bid price requirement

MMTEC washes 19% price on 1-for-10 reverse stock split

Full year 2021 earnings released: US$0.29 loss per share (vs US$0.16 loss in FY 2020)

Full year 2021 earnings released: US$0.29 loss per share (vs US$0.16 loss in FY 2020)

MMTEC, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Mmtec, Inc. announced that it has received $2 million in funding

We're Not Very Worried About Mmtec's (NASDAQ:MTC) Cash Burn Rate

First half 2021 earnings released: US$0.099 loss per share (vs US$0.05 loss in 1H 2020)

Full year 2020 earnings released: US$0.16 loss per share (vs US$0.11 loss in FY 2019)

Director notifies of intention to sell stock

New 90-day high: US$2.58

New 90-day high: US$2.16

New 90-day high: US$2.01

First half earnings released

New 90-day low - US$1.05

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.