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Token Cat Ltd (TC)

Token Cat Ltd reported revenue of $847K in fiscal 2025, down 87.4% from a year earlier. Net income was $323K, a net margin of 38.1%. At December 31, 2025 it held $140K in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 8, 2026.

Revenue (FY2025)
$847K
-87.4% year on year
Net margin
38.1%

What Token Cat Ltd does

Token Cat Ltd is registered with the SEC under industry code SIC 7389 (Services-Business Services, NEC). Its shares trade on NASDAQ under the ticker TC.

Revenue and profit by year

Revenue
FY18: $94.7M $94.7M FY18FY19: $92.6M $92.6M FY19FY20: $50.6M $50.6M FY20FY21: $56.1M $56.1M FY21FY22: $26.6M $26.6M FY22FY23: $22.9M $22.9M FY23FY24: $6.7M $6.7M FY24FY25: $847K $847K FY25
Net income
FY18: -$11.4M -$11.4M FY18FY19: -$36.1M -$36.1M FY19FY20: -$25.1M -$25.1M FY20FY21: -$16M -$16M FY21FY22: -$24.1M -$24.1M FY22FY23: -$11.7M -$11.7M FY23FY24: -$25.8M -$25.8M FY24FY25: $323K $323K FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$847K-$4.9M$323Kn/an/a
2024$6.7M-$12.3M-$25.8M-$0.05-$4.8M
2023$22.9M-$17M-$11.7Mn/an/a
2022$26.6M-$17.3M-$24.1Mn/a-$15.9M
2021$56.1M-$17.4M-$16Mn/a-$14.6M
2020$50.6M-$26.3M-$25.1Mn/a-$13.9M

Latest SEC filings

What Token Cat Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 28, 2026
  2. August 18, 2026
  3. May 8, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  4. April 30, 2026
  5. March 26, 2026
  6. February 27, 2026
  7. February 13, 2026
  8. February 6, 2026
  9. February 3, 2026
  10. January 15, 2026

All filings on SEC EDGAR

Questions about TC

What does Token Cat Ltd do?

Token Cat Ltd is registered with the SEC under industry code SIC 7389 (Services-Business Services, NEC). Its shares trade on NASDAQ under the ticker TC.

Is Token Cat Ltd profitable?

Yes. In fiscal 2025 it reported net income of $323K on revenue of $847K, a net margin of 38.1%.

How much revenue does Token Cat Ltd make?

In fiscal 2025 Token Cat Ltd reported revenue of $847K. That is 87.4% less than a year earlier.

When did Token Cat Ltd last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 8, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 28, 2026.

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Where the numbers come from

Financial figures are the values Token Cat Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.