Tue, May 13, 7:45 PM (61 days ago)
**FDCTECH, INC. (FDCT) Q1 2025 Financial Summary** **Company Overview:** FDCTECH, INC. (FDCT) is a financial technology company specializing in developing and delivering innovative software solutions and business services to the over-the-counter (OTC) brokerage and financial services industries. The company operates through three primary segments: Investment and Brokerage, Wealth Management, and Technology and Software Development. **Financial Performance:** - **Revenue:** For the three months ended March 31, 2025, FDCT reported total revenue of $10,112,368, representing a 58.59% increase from $6,376,335 in the same period of 2024. - **Segment Breakdown:** - **Technology & Software Development:** $813,747 (8.05% of total revenue) - **Wealth Management:** $1,534,852 (15.18% of total revenue) - **Brokerage (Trading):** $7,763,769 (76.77% of total revenue) - **Profit Margins:** - **Gross Profit:** $5,183,624 - **Operating Income:** $329,660 - **Net Income:** $301,002 - **Cash Flow:** - **Net Cash Used in Operating Activities:** $375,988 - **Net Cash Used in Investing Activities:** $825,490 - **Net Cash Provided by Financing Activities:** $1,014,065 - **Cash at End of Period:** $26,996,932 **Financial Health and Trends:** - **Cash Position:** As of March 31, 2025, FDCT had a cash balance of $26,996,932, up from $24,781,389 at the end of 2024. - **Working Capital:** The working capital surplus was $10,082,745, indicating a strong liquidity position. - **Accumulated Deficit:** The accumulated deficit decreased to $2,283,928 from $2,563,620, reflecting improved profitability. **Operational Highlights:** - **Acquisitions and Integrations:** FDCT continues to expand through strategic acquisitions, including the integration of Alchemy Markets Ltd. (AML) and Alchemy Prime Limited (APL), enhancing its global footprint in wealth management, brokerage, and financial advisory services. - **Technology Development:** The company is developing next-generation trading platforms, such as the Condor Pro Multi-Asset Trading Platform, and expects to commercialize the Condor Investing & Trading App by the end of 2025. - **Regulatory Compliance:** FDCT's subsidiaries are regulated by various authorities, including the Australian Securities and Investments Commission (ASIC), Malta Financial Services Authority (MFSA), and Financial Conduct Authority (FCA). **Future Outlook:** - **Growth Initiatives:** FDCT plans to continue investing in sales, marketing, product development, and technology solutions to enhance customer service and expand its market presence. - **Capital Expenditures:** The company anticipates capital expenditures of $1.000,000 to support infrastructure enhancements and software development. - **Funding Strategy:** FDCT may seek additional capital through private equity, public markets, or credit facilities to support its strategic growth initiatives and acquisitions. **Risks and Uncertainties:** - **Market Conditions:** The company's financial performance may be affected by general economic conditions and changes in the assumptions used in making forward-looking statements. - **Regulatory Risks:** Enhanced regulatory scrutiny and compliance requirements may impact operational efficiency and financial performance. - **Legal Proceedings:** Pending legal claims or disputes could have a material impact on the company's business, financial condition, and results of operations. **Ticker:** FDCT