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MMTEC (MTC) Current Accrued Expense : $7.18 Mil (As of Jun. 2024)


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What is MMTEC Current Accrued Expense?

MMTEC's Current Accrued Expense for the quarter that ended in Jun. 2024 was $7.18 Mil.

MMTEC's quarterly Current Accrued Expense declined from Jun. 2023 ($4.48 Mil) to Dec. 2023 ($0.97 Mil) but then increased from Dec. 2023 ($0.97 Mil) to Jun. 2024 ($7.18 Mil).

MMTEC's annual Current Accrued Expense declined from Dec. 2021 ($0.29 Mil) to Dec. 2022 ($0.27 Mil) but then increased from Dec. 2022 ($0.27 Mil) to Dec. 2023 ($0.97 Mil).

MMTEC Current Accrued Expense Historical Data

The historical data trend for MMTEC's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MMTEC Current Accrued Expense Chart

MMTEC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Accrued Expense
Get a 7-Day Free Trial 0.22 0.09 0.29 0.27 0.97

MMTEC Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.27 4.48 0.97 7.18

MMTEC Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

MMTEC Current Accrued Expense Related Terms

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MMTEC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MMTEC Inc (NAS:MTC) » Definitions » Current Accrued Expense
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Traded in Other Exchanges
N/A
Address
c/o MM Future Technology Limited, 308 Des Voeux Road Central, Room 2302, 23rd Floor, FWD Financial Center, Sheung Wan, HKG
Website
https://www.haisc.com
MMTEC Inc provides Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms engaging in securities market transactions and settlements globally. It offers complete suite trading solutions, including services such as fund establishment, issuance, custody, transaction, and settlement. The Company currently has two operating segments, Gujia, MM Future, MMBD Advisory and HC Securities, and MM Global. It generates maximum revenue from the Gujia segment. Gujia segment provides market data services and investor relations management services to customers in China.