FDCTech, Inc. Reports Second Quarter 2026 Financial Results
Rhea-AI Summary
FDCTech (OTC: FDCT) reported strong unaudited results for Q2 and six months ended June 30, 2026. Quarterly revenue rose 222.4% to $17.47 million, with gross margin expanding to 68.0% and operating income reaching $7.38 million. Net income attributable to shareholders was $7.71 million, or $1.82 per basic share and $0.03 per diluted share.
For the six-month period, revenue increased 186.8% to $32.69 million and net income reached $14.58 million. Growth was led by brokerage revenue, up 451.2% in Q2 to $14.26 million. Stockholders’ equity increased to $39.31 million, working capital to $33.06 million and total liabilities declined 61.9% to $15.78 million. The company effected a 1-for-100 reverse stock split, converted 2.37 million Series B preferred shares into 118.59 million common shares, acquired Alchemy Markets (Cayman) and signed a share purchase agreement to acquire The Millionaire’s Club Ltd., while continuing to pursue an uplisting and equity offering, both subject to conditions.
Positive
- Q2 2026 revenue $17.47M, up 222.4% from $5.42M (restated)
- Q2 2026 gross margin 68.0%, up from 42.5% (approx. +2,540 bps)
- Q2 2026 net income $7.71M vs. $0.44M net loss prior year (restated)
- Six‑month 2026 revenue $32.69M, up 186.8% from $11.40M (restated)
- Brokerage revenue Q2 2026 $14.26M, up 451.2%, 81.6% of total revenue
- Stockholders’ equity increased to $39.31M; working capital to $33.06M; liabilities reduced 61.9% to $15.78M
Negative
- Conversion of 2,371,844 Series B preferred shares into 118,592,200 common shares, raising total common shares to 122,823,068
- Proposed equity offering and uplisting are not assured, contingent on SEC review, listing requirements, market conditions and other factors
AI-generated analysis. How Rhea-AI works. Not financial advice.
Quarterly Revenue Increases
IRVINE, CA, Aug. 17, 2026 (GLOBE NEWSWIRE) -- FDCTech, Inc. (OTC: FDCT) (“FDCTech” or the “Company”), a diversified global financial technology company, today announced financial results for the second quarter and six months ended June 30, 2026, and confirmed the filing of its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission.
Financial Highlights – Three Months Ended June 30, 2026
- Total revenues of
$17,472,536 , an increase of222.4% from$5,419,791 in the second quarter of 2025 (restated) - Gross margin expanded to
68.0% from42.5% in the second quarter of 2025 (restated) - Operating income of
$7,383,880 , representing an operating margin of42.3% , versus an operating loss of$166,545 in the prior-year quarter (restated) - Net income attributable to FDCTech shareholders of
$7,710,931 , or$1.82 per basic share and$0.03 per diluted share, compared with a net loss of$437,923 in the second quarter of 2025 (restated)
Financial Highlights – Six Months Ended June 30, 2026
- Total revenues of
$32,687,028 , an increase of186.8% from$11,396,739 in the prior-year period (restated) - Gross margin expanded to
71.9% from45.3% in the prior-year period (restated) - Operating income of
$14,242,776 , compared with$241,300 in the prior-year period (restated), with operating expenses growing88.1% against revenue growth of186.8% - Net income attributable to FDCTech shareholders of
$14,578,197 , or$3.45 per basic share and$0.06 per diluted share, compared with a net loss of$145,111 in the prior-year period (restated)
Financial Position as of June 30, 2026
- Total stockholders’ equity of
$39,310,479 , compared with$22,691,288 at December 31, 2025 (restated) - Accumulated surplus of
$17,979,684 , compared with$3,401,487 at December 31, 2025 (restated) - Working capital improved
85.4% to$33,063,252 , with total liabilities reduced61.9% to$15,779,315
Please Note: Financial information for the 2026 periods is unaudited. Prior-period comparative amounts are restated. All share and per-share amounts have been retroactively adjusted for the Company’s one-for-one hundred (1-for-100) reverse stock split.
Revenue Performance
Total revenues for the second quarter of 2026 were
Brokerage revenues were
Technology & Software revenues were
Wealth Management revenues were
Profitability and Operating Leverage
Gross profit for the second quarter of 2026 was
Despite six-month revenue growth of
Net income attributable to FDCTech shareholders was
Capital Structure and Strategic Developments
On June 29, 2026, the Company filed a Certificate of Amendment with the Secretary of State of the State of Delaware effecting a one-for-one hundred (1-for-100) reverse stock split of its Common Stock, which began trading on a post-split basis on July 10, 2026. On July 13, 2026, the Board of Directors approved the conversion of all 2,371,844 outstanding shares of Series B Convertible Preferred Stock into 118,592,200 shares of Common Stock. Following the conversion, 122,823,068 shares of Common Stock were outstanding as of August 17, 2026.
In June 2026, the Company acquired
The Company continues to pursue a potential listing of its Common Stock on a national securities exchange in connection with a proposed public offering of equity securities. Any such offering will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended. The completion of the proposed offering and uplisting is subject to, among other things, SEC review and declaration of effectiveness of the registration statement, satisfaction of applicable exchange listing requirements, market conditions, and other factors. There can be no assurance that the proposed offering will be completed on the anticipated terms, or at all, or that the Company will be successful in uplisting its common stock to a national securities exchange.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Please visit our SEC filings or the Company’s website for more information on the full results and management’s plan.
FDCTech, Inc.
FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.
Press Release Disclaimer
These press release statements may be forward-looking statements or future expectations based on currently available information. Forward-looking statements may include the words “may,” “could,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” “should,” “objective,” “seek,” “plan,” or “anticipate,” as well as variations of such words or similar expressions, or the negatives of these words. These forward-looking statements present our estimates and assumptions only as of the date of this press release. Except for our ongoing obligation to disclose material information as required by the federal securities laws, we do not intend to and undertake no obligation to update any forward-looking statement. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Forward-looking statements are naturally subject to risks and uncertainties. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. We caution readers not to place undue reliance on any such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes will likely vary materially from those indicated.
Contact Media Relations
FDCTech, Inc.
info@fdctech.com
www.fdctech.com
+1 877-445-6047
200 Spectrum Center Drive, Suite 300,
Irvine, CA, 92618
