AppTech Payments Corp. (NASDAQ: APCX) has released its Q1 2025 financial results, showing improved performance despite continued losses. The fintech company reported an operating loss of $2.6 million ($0.08 per share), marking an improvement from the $3.0 million loss ($0.13 per share) in Q1 2024. The cash basis loss also decreased to $1.8 million from $2.2 million year-over-year. CFO Felipe Corrado emphasized the company's focus on revenue expansion while maintaining cost efficiency, noting that their financial improvement initiatives are beginning to show results.
AppTech Payments Corp. (NASDAQ: APCX) ha pubblicato i risultati finanziari del primo trimestre 2025, evidenziando un miglioramento delle performance nonostante le perdite continuino. La società fintech ha registrato una perdita operativa di 2,6 milioni di dollari (0,08 dollari per azione), in miglioramento rispetto alla perdita di 3,0 milioni di dollari (0,13 dollari per azione) nel primo trimestre 2024. Anche la perdita su base di cassa è diminuita, attestandosi a 1,8 milioni di dollari rispetto ai 2,2 milioni dell'anno precedente. Il CFO Felipe Corrado ha sottolineato l'attenzione dell'azienda sull'espansione dei ricavi mantenendo l'efficienza dei costi, evidenziando che le iniziative per migliorare la situazione finanziaria stanno cominciando a dare risultati.
AppTech Payments Corp. (NASDAQ: APCX) ha publicado sus resultados financieros del primer trimestre de 2025, mostrando una mejora en el desempeño a pesar de continuar con pérdidas. La empresa fintech reportó una pérdida operativa de 2,6 millones de dólares (0,08 dólares por acción), mejorando respecto a la pérdida de 3,0 millones de dólares (0,13 dólares por acción) en el primer trimestre de 2024. La pérdida en base a efectivo también disminuyó a 1,8 millones de dólares desde 2,2 millones año tras año. El CFO Felipe Corrado destacó el enfoque de la compañía en la expansión de ingresos mientras mantiene la eficiencia en costos, señalando que las iniciativas para mejorar las finanzas comienzan a mostrar resultados.
AppTech Payments Corp. (NASDAQ: APCX)는 2025년 1분기 재무 실적을 발표하며 지속적인 손실에도 불구하고 성과가 개선되었음을 보여주었습니다. 이 핀테크 회사는 260만 달러의 영업 손실(주당 0.08달러)을 보고했으며, 이는 2024년 1분기 300만 달러 손실(주당 0.13달러)에서 개선된 수치입니다. 현금 기준 손실도 전년 대비 180만 달러로 감소했습니다. CFO 펠리페 코라도는 비용 효율성을 유지하면서 수익 확대에 집중하고 있으며, 재무 개선 조치가 성과를 내기 시작했다고 강조했습니다.
AppTech Payments Corp. (NASDAQ : APCX) a publié ses résultats financiers du premier trimestre 2025, montrant une amélioration des performances malgré des pertes persistantes. La société fintech a enregistré une perte d'exploitation de 2,6 millions de dollars (0,08 dollar par action), marquant une amélioration par rapport à la perte de 3,0 millions de dollars (0,13 dollar par action) au premier trimestre 2024. La perte en base de trésorerie a également diminué à 1,8 million de dollars contre 2,2 millions d'une année sur l'autre. Le directeur financier Felipe Corrado a souligné l'accent mis par l'entreprise sur l'expansion des revenus tout en maintenant l'efficacité des coûts, notant que leurs initiatives d'amélioration financière commencent à porter leurs fruits.
AppTech Payments Corp. (NASDAQ: APCX) hat seine Finanzergebnisse für das erste Quartal 2025 veröffentlicht und zeigt trotz anhaltender Verluste eine verbesserte Leistung. Das Fintech-Unternehmen meldete einen operativen Verlust von 2,6 Millionen US-Dollar (0,08 US-Dollar pro Aktie), was eine Verbesserung gegenüber dem Verlust von 3,0 Millionen US-Dollar (0,13 US-Dollar pro Aktie) im ersten Quartal 2024 darstellt. Der Verlust auf Cash-Basis sank ebenfalls auf 1,8 Millionen US-Dollar gegenüber 2,2 Millionen im Vorjahreszeitraum. CFO Felipe Corrado betonte den Fokus des Unternehmens auf Umsatzsteigerung bei gleichzeitiger Kosteneffizienz und stellte fest, dass die Maßnahmen zur finanziellen Verbesserung erste Ergebnisse zeigen.
Positive
Reduced operating loss by 13.3% year-over-year from $3.0M to $2.6M
Improved loss per share from $0.13 to $0.08
Decreased cash basis loss by 18.2% from $2.2M to $1.8M
Negative
Company continues to operate at a loss with $2.6M operating deficit in Q1 2025
Still not achieved breakeven status despite efficiency improvements
CARLSBAD, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech or the “Company”) (NASDAQ: APCX), a fintech company, today announced its First Quarter 2025 financial results. The Company reported an operating loss of $2.6 million ($0.08 per share) versus a $3.0 million loss in the same quarter of 2024 ($0.13 per share). The cash basis loss was $1.8 million versus $2.2 million in 2024.
AppTech seeks to further enhance operating efficiency and has added revenue sources to achieve breakeven, then profitable operating results.
Felipe Corrado, AppTech’s CFO, commented, “The steps we’ve taken to improve our financial position are beginning to yield tangible results. Our priority remains driving revenue expansion while maintaining cost efficiency.”
About AppTech Payments Corp.
AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises (“SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure. For more information, please visit apptechcorp.com.
Forward-Looking Statements
This press release may contain forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
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