MMTEC FY26 H1 net loss narrows to $1.58 million; revenue drops 100% to no revenue

Reuters2026/08/12 20:26

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MMTEC Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-088375), on August 12, 2026, and is solely responsible for the information contained therein.

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.

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MMTEC FY26 H1 net loss narrows to $1.58 million; revenue drops 100% to no revenue

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