Mercurity Fintech Stock (NASDAQ:MFH)


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$7.32

52W Range

$1.03 - $8.07

50D Avg

$3.51

200D Avg

$2.07

Market Cap

$448.85M

Avg Vol (3M)

$357.80K

Beta

2.48

Div Yield

-

MFH Company Profile


Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integration, and customization of operational software based on blockchain technologies and related services in the British Virgin Islands and the Asia pacific region. It provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders, blockchain-based virtual communities, and liquidity providers.; an asset digitalization platform, which provides blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals. The company also offers a decentralized finance platform that solves retail traders' problems; cross-border payments services; and supplemental services for its platforms, such as customized software development, maintenance, and compliance support services. In addition, it provides blockchain technology services, which includes designing and developing digital asset transaction platforms, digital asset quantitative investment software, and other innovative and derivative services based on blockchain technologies; and cryptocurrency mining services that provides computing power to the mining pool. The company was formerly known as JMU Limited and changed its name to Mercurity Fintech Holding Inc. in April 2020. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in Beijing, the People's Republic of China.

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Industry

Financial - Capital Markets

Sector

Financial Services

Exchange

NASDAQ

ADR

Yes

Country

CN

Employees

9

IPO Date

Apr 08, 2015

Website

MFH Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21
Bitcoin Mining$783.09K-
Cryptocurrency Mining$783.44K-
Digital asset mining-$664.31K
Technical services-$5.86K

Fiscal year ends in Dec 23 | Currency in USD

MFH Financial Summary


Dec 23Dec 22Dec 21
Revenue$445.93K$863.44K$670.17K
Operating Income$-3.94M$467.32K$-12.51M
Net Income$-9.36M$-5.63M$-18.62M
EBITDA$-3.04M$496.27K$-8.26M
Basic EPS$-0.20$-0.43$-2.13
Diluted EPS$-0.20$-0.43$-2.13

Fiscal year ends in Dec 23 | Currency in USD

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