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Side-by-side financial comparison of MMTec, Inc. (MTC) and Pineapple Financial Inc. (PAPL). Click either name above to swap in a different company.

MMTec, Inc. is the larger business by last-quarter revenue ($807.5K vs $707.3K, roughly 1.1× Pineapple Financial Inc.). Pineapple Financial Inc. runs the higher net margin — -2756.2% vs -5749.7%, a 2993.5% gap on every dollar of revenue.

MMTec, Inc. is a global fintech enterprise that develops and delivers integrated trading technology solutions, including high-performance trading platforms, real-time market data services, and risk management systems. Its core clients cover brokerage firms, asset management institutions, and professional traders across North America and the Asia-Pacific region, helping financial market participants boost trading efficiency and operational security.

MTC vs PAPL — Head-to-Head

Bigger by revenue
MTC
MTC
1.1× larger
MTC
$807.5K
$707.3K
PAPL
Higher net margin
PAPL
PAPL
2993.5% more per $
PAPL
-2756.2%
-5749.7%
MTC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
MTC
MTC
PAPL
PAPL
Revenue
$807.5K
$707.3K
Net Profit
$-46.4M
$-19.5M
Gross Margin
83.5%
48.9%
Operating Margin
-189.7%
-2518.8%
Net Margin
-5749.7%
-2756.2%
Revenue YoY
-4.8%
Net Profit YoY
-3174.1%
EPS (diluted)
$-1.84
$-1.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MTC
MTC
PAPL
PAPL
Q1 26
$707.3K
Q4 25
$721.7K
Q3 25
$730.5K
Q2 25
$807.5K
$746.9K
Q1 25
$743.3K
Q4 24
$766.1K
Q3 24
$598.3K
Q2 24
$736.4K
Net Profit
MTC
MTC
PAPL
PAPL
Q1 26
$-19.5M
Q4 25
$-6.4M
Q3 25
$-1.8M
Q2 25
$-46.4M
$-557.7K
Q1 25
$-595.4K
Q4 24
$-656.9K
Q3 24
$-1.7M
Q2 24
$-848.6K
Gross Margin
MTC
MTC
PAPL
PAPL
Q1 26
48.9%
Q4 25
49.6%
Q3 25
27.8%
Q2 25
83.5%
67.6%
Q1 25
43.4%
Q4 24
45.9%
Q3 24
43.2%
Q2 24
44.2%
Operating Margin
MTC
MTC
PAPL
PAPL
Q1 26
-2518.8%
Q4 25
-909.1%
Q3 25
-131.3%
Q2 25
-189.7%
-93.3%
Q1 25
-80.6%
Q4 24
-90.5%
Q3 24
-232.8%
Q2 24
-121.7%
Net Margin
MTC
MTC
PAPL
PAPL
Q1 26
-2756.2%
Q4 25
-891.6%
Q3 25
-250.3%
Q2 25
-5749.7%
-74.7%
Q1 25
-80.1%
Q4 24
-85.7%
Q3 24
-283.9%
Q2 24
-115.2%
EPS (diluted)
MTC
MTC
PAPL
PAPL
Q1 26
$-1.21
Q4 25
$-4.79
Q3 25
$-0.93
Q2 25
$-1.84
$-0.05
Q1 25
$-1.73
Q4 24
$-2.60
Q3 24
$-11.10
Q2 24
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MTC
MTC
PAPL
PAPL
Cash + ST InvestmentsLiquidity on hand
$10.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-19.8M
$27.1M
Total Assets
$20.3M
$48.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTC
MTC
PAPL
PAPL
Q1 26
Q4 25
Q3 25
Q2 25
$10.2M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MTC
MTC
PAPL
PAPL
Q1 26
$27.1M
Q4 25
$-5.5M
Q3 25
$906.7K
Q2 25
$-19.8M
$842.6K
Q1 25
$739.7K
Q4 24
$1.3M
Q3 24
$1.3M
Q2 24
$2.0M
Total Assets
MTC
MTC
PAPL
PAPL
Q1 26
$48.9M
Q4 25
$10.6M
Q3 25
$5.4M
Q2 25
$20.3M
$4.7M
Q1 25
$4.0M
Q4 24
$4.1M
Q3 24
$4.1M
Q2 24
$4.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTC
MTC
PAPL
PAPL
Operating Cash FlowLast quarter
$-1.7M
$-3.3M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-462.7%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTC
MTC
PAPL
PAPL
Q1 26
$-3.3M
Q4 25
$-489.7K
Q3 25
$-507.6K
Q2 25
$-1.7M
$397.0K
Q1 25
$-172.6K
Q4 24
$-663.6K
Q3 24
$-264.7K
Q2 24
$123.0K
Free Cash Flow
MTC
MTC
PAPL
PAPL
Q1 26
$-3.3M
Q4 25
$-491.7K
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-264.7K
Q2 24
$122.7K
FCF Margin
MTC
MTC
PAPL
PAPL
Q1 26
-462.7%
Q4 25
-68.1%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-44.2%
Q2 24
16.7%
Capex Intensity
MTC
MTC
PAPL
PAPL
Q1 26
0.0%
Q4 25
0.3%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
0.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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