MMTEC Inc
haisc.comWhat Do They Do?
Provides stock-placement services for customers and internet-based trading systems to Chinese-speaking funds, investment advisers and brokerages.
20-F for FY2025, filed Apr 2, 2026The Company generates revenue from placement agent services by successfully selling customers’ stocks to qualified investors through…View ↗
We provide comprehensive, Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds…View ↗
For the Years Ended December 31, 2025 2024 2023 US$ US$ US$ Consulting services $ - $ - $ 800,000 Software development and post-contract…View ↗
How Do They Make Money?
It earns placement fees when customer stock sales are completed; written-contract market-data and investor-relations services generate revenue as the work is performed, while consulting fees are paid after clients confirm receipt of the specified services.
20-F for FY2025, filed Apr 2, 2026The Company generates revenue from placement agent services by successfully selling customers’ stocks to qualified investors through…View ↗
The Company generates these revenues by providing services under written service contracts with its customers. Revenue related to its…View ↗
The Company provides consulting services as source of revenue. Pursuant to the consulting service contracts entered into between the…View ↗
$807.5K
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20-F for FY2025, filed Apr 2, 2026
$807.5K ↗
Who Are Their Customers?
Serves financial firms including funds, investment advisers and brokerages with trading systems and services for securities transactions. Brokerage customers can offer its interface under their own brands or choose individual modules.
20-F for FY2025, filed Apr 2, 2026
Do Revenues Turn Into Profits?
No. It lost $56.1M in FY2025.
20-F for FY2025, filed Apr 2, 2026
How Are They Changing?
Growing. Revenue grew 42% in 4 years, from $568.6K in FY2021 to $807.5K in FY2025, about 9% a year.
Who Do They Compete With?
Competes with Tigerbroker, Futu Securities, Hundsun technology (HongKong), Ayers Solutions, eBroker Systems, iAsia Online Systems, Hundsun Technologies, Galaxy Securities (Hong Kong), Haitong International Securities, CITIC International Securities, BOC International, Guosen Securities (Hong Kong), Apex Fund Services, Citco Fund Services, Hundsun.com, OP Investment Management, and AssetMark Financial Holdings
20-F for FY2025, filed Apr 2, 2026The development of financial information technology and the emergence of Internet securities brokers, such as Tigerbroker and Futu…View ↗
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