MMTEC Historical Income Statement
| MTC Stock | USD 0.23 0.08 25.81% |
Historical analysis of MMTEC income statement accounts such as Depreciation And Amortization of 36.9 K can show how well MMTEC Inc performed in making a profits. Evaluating MMTEC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MMTEC's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MMTEC Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MMTEC Inc is a good buy for the upcoming year.
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About MMTEC Income Statement Analysis
MMTEC Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MMTEC shareholders. The income statement also shows MMTEC investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
MMTEC Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MMTEC Inc. It is also known as MMTEC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on MMTEC Inc income statement and represents the costs associated with goods and services MMTEC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from MMTEC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MMTEC Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, MMTEC's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 731.8 K, whereas Net Interest Income is projected to grow to (510.1 K).
MMTEC income statement Correlations
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MMTEC Account Relationship Matchups
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MMTEC income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | 37.4K | 30.5K | 1.7K | 94.4K | (537.0K) | (510.1K) | |
| Interest Income | 37.4K | 30.5K | 1.7K | 94.4K | 209.4K | 219.9K | |
| Depreciation And Amortization | (1.2K) | 54.6K | 40.1K | 66.4K | 45.8K | 36.9K | |
| Selling General Administrative | 2.7M | 3.7M | 6.1M | 5.7M | 4.6M | 3.6M | |
| Total Revenue | 200.8K | 742.1K | 653.0K | 1.1M | 869.9K | 493.9K | |
| Gross Profit | 109.9K | 734.7K | 511.7K | 868.0K | 697.0K | 731.8K | |
| Other Operating Expenses | 2.4M | 3.9M | 6.6M | 6.9M | 5.7M | 4.1M | |
| Operating Income | (2.2M) | (3.2M) | (5.9M) | (5.8M) | (4.8M) | (5.1M) | |
| Net Income From Continuing Ops | (2.2M) | (3.2M) | (7.1M) | (5.6M) | (4.4M) | (4.6M) | |
| Ebit | (2.2M) | (3.2M) | (6.5M) | (5.9M) | (4.3M) | (4.5M) | |
| Research Development | 737.3K | 410.8K | 744.4K | 828.9K | 364.0K | 540.7K | |
| Ebitda | (2.2M) | (3.1M) | (6.4M) | (5.8M) | (4.2M) | (4.5M) | |
| Cost Of Revenue | 90.9K | 7.4K | 141.3K | 231.1K | 172.9K | 187.7K | |
| Total Operating Expenses | 2.3M | 3.9M | 6.4M | 6.7M | 5.5M | 4.0M | |
| Income Before Tax | (2.2M) | (3.2M) | (7.1M) | (5.6M) | (4.4M) | (4.6M) | |
| Total Other Income Expense Net | (27.3K) | 2.6K | (501.0K) | 247.2K | 448.4K | 470.8K | |
| Net Income Applicable To Common Shares | (2.3M) | (2.2M) | (3.2M) | (7.1M) | (6.3M) | (6.0M) | |
| Net Income | (2.2M) | (3.2M) | (8.2M) | (5.5M) | 49.0M | 51.4M | |
| Income Tax Expense | (64.4K) | 7.5K | 1.2M | (193.7K) | 468.7K | 492.1K | |
| Reconciled Depreciation | 25.8K | 54.6K | 40.1K | 66.4K | 45.8K | 44.2K | |
| Selling And Marketing Expenses | 389.8K | 244.2K | 303.1K | 1.0M | 901.3K | 553.1K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MMTEC. If investors know MMTEC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.008 | Quarterly Revenue Growth 2.895 | Return On Assets (0.04) | Return On Equity (0.07) |
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MMTEC's market value can be influenced by many factors that don't directly affect MMTEC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.