Consulting Services was Mmtec’s largest product and service line in fiscal 2023, bringing in $800.00K of $869.94K (92%).
| Product and Service | FY 2022 | FY 2023 |
|---|---|---|
| Consulting Services | — | $800.00K |
| Software Development & Post-Contract Maintenance | $676.05K | $24.10K |
| Placement Agent Services | $372.68K | $45.84K |
| Market Data Services | $20.62K | — |
| Other Revenue | $4.01K | — |
| Total | $1.07M | $869.94K |
Mmtec brought in $869.94K from its three product and service lines in fiscal 2023, the year ended December 31, 2023. Mmtec regrouped these lines after fiscal 2022, so the total does not compare directly with that year's $1.07M. Consulting Services was the largest at $800.00K (92.0%), ahead of Placement Agent Services at $45.84K (5.3%) and Software Development & Post-Contract Maintenance at $24.10K (2.8%).
Compared with fiscal 2022, Placement Agent Services fell 87.7% to $45.84K and Software Development & Post-Contract Maintenance fell 96.4% to $24.10K.
Mmtec began breaking out Consulting Services in fiscal 2023, when it brought in $800.00K. Mmtec stopped reporting Market Data Services ($20.62K in fiscal 2022) and Other Revenue ($4.01K in fiscal 2022) as separate lines.
Mm Global was Mmtec’s largest segment in fiscal 2020, bringing in $647.49K of $742.13K (87%).
| Segment | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|
| Mm Global | — | $38.97K | $647.49K |
| Gujia, Mm Future, Hc Securities & Mmbd Advisory | — | $161.83K | $94.64K |
| Gujia & Mm Global Capital | $26.88K | — | — |
| Total | $26.88K | $200.80K | $742.13K |
Mmtec brought in $742.13K from its two segments in fiscal 2020, the year ended December 31, 2020. That was up 269.6% from $200.80K in fiscal 2019. Mm Global was the largest at $647.49K (87.2%), ahead of Gujia, Mm Future, Hc Securities & Mmbd Advisory at $94.64K (12.8%).
Compared with fiscal 2019, Mm Global grew 1,561.7% to $647.49K, while Gujia, Mm Future, Hc Securities & Mmbd Advisory fell 41.5% to $94.64K.
Mmtec began breaking out Mm Global in fiscal 2019 and Gujia, Mm Future, Hc Securities & Mmbd Advisory in fiscal 2019. Mmtec stopped reporting Gujia & Mm Global Capital as a separate segment after fiscal 2018, when it brought in $26.88K.
Mmtec (MTC) reports its revenue by product and service and by segment. In fiscal 2023, Consulting Services was its largest product and service line, bringing in $800.00K (92.0% of the total), followed by Placement Agent Services at $45.84K (5.3%).
Consulting Services was Mmtec's largest product and service line in fiscal 2023, bringing in $800.00K, or 92.0% of the $869.94K total across its three product and service lines.
Mm Global was Mmtec's largest segment in fiscal 2020, bringing in $647.49K, or 87.2% of the $742.13K total across its two segments.
Mm Global grew faster than Gujia, Mm Future, Hc Securities & Mmbd Advisory in fiscal 2020, up 1,561.7% from $38.97K to $647.49K. Gujia, Mm Future, Hc Securities & Mmbd Advisory fell 41.5% to $94.64K.
Every figure comes from Mmtec's annual financial filings, as reported. Each line keeps the name Mmtec gives it, and years follow its fiscal calendar.
Mmtec's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.