MMTEC, Inc. Announces 2020 Year-End Financial Results
BEIJING, April 23, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ:MTC) ("MMTEC", "we", "our" or the "Company"), a China based technology company that provides access to the U.S. financial markets, today announced its financial results for the year ended December 31, 2020.
Comparison of Results of Operations for the Years Ended December 31, 2020 and 2019.
Revenue. Revenues increased from $200,797 in 2019 to $742,125 in 2020. For the years ended December 31, 2020 and 2019, we had revenue from performing market data services for our customer of $73,524 and $75,044, respectively. As a result of strategy adjustment, our Company had investor relations management services revenue of $21,113 and $86,788 f