earnings
confidence high
sentiment positive
materiality 0.75
FDCTech Q3 net income $638K vs loss; total revenue up 138% YoY
FDCTECH, INC.
2023-Q3 EPS reported
$0.00
revenue$6,957,666
- Q3 2023 total revenue $3.65M, up 138% from $1.53M in Q3 2022.
- Net income of $638,084 in Q3 vs net loss of $226,065 in prior-year period.
- Technology revenue rose 140% to $222,058 for the quarter, 180% for nine months.
- Cash on hand increased to $1.23M from $265K; working capital surplus of $2.21M vs deficit.
- Company engaged Farzad Advisory to assist with lending for acquisitions and uplist.