earnings
confidence high
sentiment positive
materiality 0.60
FDCTech Q2 net income $922k vs loss year ago; tech revenue up 239%
FDCTECH, INC.
2023-Q2 EPS reported
-$0.01
revenue$3,310,836
- Total revenue $1.77M, up 16% YoY; tech revenue $301k, up 239% YoY.
- Net income for Q2 2023 of $922k compared to net loss of $381k in Q2 2022.
- Six-month net income $685k vs loss $785k; gain on bargain purchase of Alchemy Markets helped.
- Cash on hand $127k as of June 30, 2023, down from $265k at Dec 31, 2022.
- Company expects to add revenues from Alchemy Markets acquisition in H2 2023.