FDCTech revenue up 162% YoY to $18.2M, working capital turns to surplus $8.6M

FDCTECH, INC.

2024-FY EPS reported $0.00 revenue$26,943,718

Nine-month revenue $18.18M (+162% YoY); net loss $861K vs net income $321K in prior year.
Working capital improved to surplus of $8.6M from deficit of $7.5M at year-end 2023.
Cash on hand $28.0M as of Sept 30, 2024, down from $31.3M due to reinvestments.
Q1 net income $833K; Q2 net loss $1.05M; Q3 net loss $650K from higher operating expenses.
Company expects further revenue acceleration from recent acquisitions in Q4 2024.

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