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MMTEC, INC.: 20-F filed 2023-04-13

What MMTEC, INC. reported in its annual report (foreign private issuer) filed 2023-04-13 (fiscal FY 2022): 38 published measures, 96 facts as tagged in accession 0001213900-23-029574.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2023-04-13
Fiscal period
fiscal FY 2022
Accession
0001213900-23-029574 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All MMTEC, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2022-12-3111,415,507USD
At 2021-12-3114,587,501USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2022-12-312,031,156USD
At 2021-12-311,235,777USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2022-12-319,384,351USD
At 2021-12-3113,351,724USD
At 2020-12-312,695,803USD
At 2019-12-314,754,712USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-5,645,376USD365
2021-01-01 to 2021-12-31-7,050,755USD365
2020-01-01 to 2020-12-31-3,181,596USD366

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-5,590,567USD365
2021-01-01 to 2021-12-31-4,096,506USD365
2020-01-01 to 2020-12-31-1,982,847USD366

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2022-01-01 to 2022-12-313,792USD365
2021-01-01 to 2021-12-3137,068USD365
2020-01-01 to 2020-12-3118,379USD366

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2022-01-01 to 2022-12-311,099,133USD365
2021-01-01 to 2021-12-31653,036USD365
2020-01-01 to 2020-12-31742,125USD366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-01-01 to 2022-12-311,750,140USD365
2021-01-01 to 2021-12-3116,471,560USD365
2020-01-01 to 2020-12-3137,250USD366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-3,544,105USD365
2021-01-01 to 2021-12-31-2,593,181USD365
2020-01-01 to 2020-12-31-331,944USD366

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2022-12-31-22,253,030USD
At 2021-12-31-16,607,654USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2022-01-01 to 2022-12-313,497,109shares365
2021-01-01 to 2021-12-312,450,447shares365
2020-01-01 to 2020-12-312,038,558shares366

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2022-01-01 to 2022-12-313,497,109shares365
2021-01-01 to 2021-12-312,450,447shares365
2020-01-01 to 2020-12-312,038,558shares366

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-1.61USD/shares365
2021-01-01 to 2021-12-31-2.88USD/shares365
2020-01-01 to 2020-12-31-1.56USD/shares366

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-1.61USD/shares365
2021-01-01 to 2021-12-31-2.88USD/shares365
2020-01-01 to 2020-12-31-1.56USD/shares366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2022-12-31184,423USD
At 2021-12-31267,433USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2021-01-01 to 2021-12-311,024,361USD365
2020-01-01 to 2020-12-311,005,000USD366

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-5,892,615USD365
2021-01-01 to 2021-12-31-6,483,184USD365
2020-01-01 to 2020-12-31-3,184,151USD366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2022-12-319,035,211USD
At 2021-12-3113,848,423USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2022-12-311,173,923USD
At 2021-12-311,128,232USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2022-01-01 to 2022-12-316,760,664USD365
2021-01-01 to 2021-12-316,994,918USD365
2020-01-01 to 2020-12-313,918,871USD366

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2022-01-01 to 2022-12-31868,049USD365
2021-01-01 to 2021-12-31511,734USD365
2020-01-01 to 2020-12-31734,720USD366

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2022-01-01 to 2022-12-31231,084USD365
2021-01-01 to 2021-12-31141,302USD365
2020-01-01 to 2020-12-317,405USD366

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2022-01-01 to 2022-12-31828,869USD365
2021-01-01 to 2021-12-31744,422USD365
2020-01-01 to 2020-12-31410,840USD366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2022-12-315,145,041shares
At 2021-12-313,137,001shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2022-12-3131,727,407USD
At 2021-12-3129,884,600USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2022-12-31-141,477USD
At 2021-12-3143,408USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2022-12-311,055,127USD
At 2021-12-31442,185USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2022-12-31404,387USD
At 2021-12-31437,597USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2022-12-31219,964USD
At 2021-12-31170,164USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2022-12-31125,550USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2022-12-31172,205USD
At 2021-12-31245,021USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-5,645,376USD365
2021-01-01 to 2021-12-31-7,050,755USD365
2020-01-01 to 2020-12-31-3,181,596USD366

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2022-01-01 to 2022-12-3166,428USD365
2021-01-01 to 2021-12-3140,130USD365
2020-01-01 to 2020-12-3154,576USD366

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2022-01-01 to 2022-12-316,366USD365
2021-01-01 to 2021-12-3154,774USD365
2020-01-01 to 2020-12-3153,646USD366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2022-01-01 to 2022-12-31247,239USD365
2021-01-01 to 2021-12-31-567,571USD365
2020-01-01 to 2020-12-312,555USD366

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2022-01-01 to 2022-12-311,750,140USD365
2021-01-01 to 2021-12-3116,637,200USD365

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2022-01-01 to 2022-12-31647,983USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2022-01-01 to 2022-12-31104,027USD365
2021-01-01 to 2021-12-31148,466USD365
2020-01-01 to 2020-12-3130,360USD366

Inspect the source

Entity
MMTEC, INC. / CIK 0001742518
Captured
2026-09-21T17:25:46.149Z
SEC response SHA-256
fb55ac018f056c8ed624b10f821873bcea04b038e2f00b7a86397665e6607d4e

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001742518.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))