MMTec, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $309.7M
- Price
- $3.11
- % Change (Daily % change from the live per-ticker quote feed.)
- +7.24%
- Volume
- 6.7K
About
MMTec, Inc., together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements worldwide. The company operates in two segments, Gujia, MM Future, MMBD Advisory and HC Securities; and MM Global. It offers Internet-based securities solutions comprising Securities Dealers Trading System, which supports securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web applications. The company enables its customers to white label its trading interface, as well as select modular functionalities. It serves hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms. The company was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
Quick stats
Shares outstanding99.6M
Computed float99.5M
Float / shares100.0%
Key info
SectorTechnology
IndustrySoftware - Application
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001742518
Websitehttps://www.haisc.com
AI Summary
AI-generated1/7
majorbearishearnings
REG-Full Year Results 2026
Mothercare reported a statutory loss of £5.0 million for FY26, reversing a £6.2 million profit in the prior year, as revenue dropped 42% to £22.4 million. The decline was driven by the end of its UK distribution relationship with Boots, ongoing uncertainty in the Middle East, and foreign exchange impacts. Adjusted EBITDA fell to £1.3 million from £3.5 million.
The company completed a refinancing in February 2026, securing a £10 million facility from CTM Funding Ltd with a 25% total coupon, replacing the previous Gordon Brothers facility. However, the facility is currently in default regarding financial covenants, raising material uncertainty over the company's status as a going concern.
Current trading for the first 19 weeks of FY27 shows franchise retail sales down to £58.5 million from £68.8 million. Management noted resilience ex-Middle East/UK and reiterated no material changes planned for market conditions in FY27 overall, supported by the new debt facility and pending pension deficit discussions.
Red flags
- Facility is in default due to breached financial covenants and is repayable on demand
- Material uncertainty casts significant doubt on the Group's ability to continue as a going concern
- Statutory loss of £5.0 million swung from £6.2 million profit
- Revenue declined 42% year-over-year
- High cost of debt with 25% total coupon (10% cash + 15% PIK)
- Net debt increased to £6.4 million from £4.5 million
- Pension scheme deficit remains at £35 million