MMTEC Inc. reported its financial results for the six months ended June 30, 2025. The company recorded revenues of $0.81 million compared to no revenue reported for the same period in 2024. The cost of revenue for the first half of 2025 was $0.13 million, leading to a gross profit of $0.67 million. The net loss for the six months ended June 30, 2025, was approximately $46.43 million, translating to a loss of $1.84 per share. This is an increase from a net loss of $28.37 million for the same period in the previous year, which was $0.14 per share. MMTEC Inc. did not provide any income tax expense for the six months ended June 30, 2024. No outlook or guidance was included in the report.
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