FDCTech Reports Over 111% Revenue Growth in Fiscal Year 2024, Driven by Full-Year Contributions from Strategic Acquisitions
FDCTech (FDCT) reported significant growth in fiscal year 2024, with total revenues reaching $26.94 million, a 111.24% increase from $12.75 million in FY 2023. This growth was primarily driven by the full-year consolidation of Alchemy Markets (AML) and Alchemy Prime (APL).
Key financial metrics include:
- Net profit of $80,027 in FY 2024 (down from $1.57 million in FY 2023)
- Gross profit of $12.04 million (up 92.73%)
- Cash position of $24.78 million
- Working capital surplus of $9.42 million (up 21.94%)
Segment performance showed strong growth in Investment and Brokerage revenue (+274.86% to $18.80 million) and Wealth Management (+9.63% to $6.50 million), while Technology & Software Development decreased by 9.35% to $1.64 million. Strategic achievements included AML's acquisition of over 2,361 clients and expansion into EU markets through new offices in Cyprus, Malta, and the UK.
FDCTech (FDCT) ha riportato una crescita significativa nell'anno fiscale 2024, con ricavi totali che hanno raggiunto $26,94 milioni, un aumento del 111,24% rispetto ai $12,75 milioni dell'anno fiscale 2023. Questa crescita è stata principalmente guidata dalla consolidazione per l'intero anno di Alchemy Markets (AML) e Alchemy Prime (APL).
I principali indicatori finanziari includono:
- Utile netto di $80.027 nell'anno fiscale 2024 (in calo rispetto a $1,57 milioni nell'anno fiscale 2023)
- Utile lordo di $12,04 milioni (in aumento del 92,73%)
- Posizione di cassa di $24,78 milioni
- Eccedenza di capitale circolante di $9,42 milioni (in aumento del 21,94%)
Le performance dei segmenti hanno mostrato una forte crescita nei ricavi da Investimenti e Intermediazione (+274,86% a $18,80 milioni) e nella Gestione Patrimoniale (+9,63% a $6,50 milioni), mentre Tecnologia e Sviluppo Software sono diminuiti del 9,35% a $1,64 milioni. I risultati strategici includono l'acquisizione da parte di AML di oltre 2.361 clienti e l'espansione nei mercati dell'UE attraverso nuove sedi a Cipro, Malta e nel Regno Unito.
FDCTech (FDCT) reportó un crecimiento significativo en el año fiscal 2024, con ingresos totales alcanzando $26.94 millones, un aumento del 111.24% desde $12.75 millones en el año fiscal 2023. Este crecimiento fue impulsado principalmente por la consolidación de Alchemy Markets (AML) y Alchemy Prime (APL) durante todo el año.
Los principales indicadores financieros incluyen:
- Beneficio neto de $80,027 en el año fiscal 2024 (en comparación con $1.57 millones en el año fiscal 2023)
- Beneficio bruto de $12.04 millones (aumento del 92.73%)
- Posición de efectivo de $24.78 millones
- Excedente de capital de trabajo de $9.42 millones (aumento del 21.94%)
El rendimiento por segmentos mostró un fuerte crecimiento en los ingresos por Inversión y Corretaje (+274.86% a $18.80 millones) y en Gestión de Patrimonios (+9.63% a $6.50 millones), mientras que Tecnología y Desarrollo de Software disminuyó un 9.35% a $1.64 millones. Los logros estratégicos incluyeron la adquisición por parte de AML de más de 2,361 clientes y la expansión en los mercados de la UE a través de nuevas oficinas en Chipre, Malta y el Reino Unido.
FDCTech (FDCT)는 2024 회계연도에 상당한 성장을 보고했으며, 총 수익은 $26.94 백만에 달해 2023 회계연도의 $12.75 백만에 비해 111.24% 증가했습니다. 이 성장은 주로 Alchemy Markets (AML)와 Alchemy Prime (APL)의 연간 통합에 의해 주도되었습니다.
주요 재무 지표는 다음과 같습니다:
- 2024 회계연도의 순이익은 $80,027 (2023 회계연도의 $1.57 백만에서 감소)
- 총 이익은 $12.04 백만 (92.73% 증가)
- 현금 위치는 $24.78 백만
- 운전 자본 잉여는 $9.42 백만 (21.94% 증가)
부문 성과는 투자 및 중개 수익에서 강력한 성장을 보여주었으며 (+274.86%로 $18.80 백만), 자산 관리 (+9.63%로 $6.50 백만)에서도 증가했지만, 기술 및 소프트웨어 개발은 9.35% 감소하여 $1.64 백만에 이르렀습니다. 전략적 성과에는 AML이 2,361명 이상의 고객을 확보하고, 키프로스, 몰타 및 영국에 새로운 사무소를 통해 EU 시장으로 확장한 것이 포함됩니다.
FDCTech (FDCT) a signalé une croissance significative au cours de l'exercice fiscal 2024, avec des revenus totaux atteignant $26,94 millions, soit une augmentation de 111,24 % par rapport aux $12,75 millions de l'exercice fiscal 2023. Cette croissance a été principalement alimentée par la consolidation sur l'année complète d'Alchemy Markets (AML) et d'Alchemy Prime (APL).
Les principaux indicateurs financiers incluent:
- Bénéfice net de $80,027 pour l'exercice fiscal 2024 (en baisse par rapport à $1,57 millions pour l'exercice fiscal 2023)
- Bénéfice brut de $12,04 millions (augmentation de 92,73 %)
- Position de trésorerie de $24,78 millions
- Excédent de fonds de roulement de $9,42 millions (augmentation de 21,94 %)
La performance des segments a montré une forte croissance des revenus d'investissement et de courtage (+274,86 % à $18,80 millions) et de gestion de patrimoine (+9,63 % à $6,50 millions), tandis que la technologie et le développement logiciel ont diminué de 9,35 % à $1,64 millions. Les réalisations stratégiques comprenaient l'acquisition par AML de plus de 2.361 clients et l'expansion sur les marchés de l'UE grâce à de nouveaux bureaux à Chypre, à Malte et au Royaume-Uni.
FDCTech (FDCT) berichtete über ein signifikantes Wachstum im Geschäftsjahr 2024, mit Gesamterlösen von $26,94 Millionen, was einem Anstieg von 111,24% im Vergleich zu $12,75 Millionen im Geschäftsjahr 2023 entspricht. Dieses Wachstum wurde hauptsächlich durch die ganzjährige Konsolidierung von Alchemy Markets (AML) und Alchemy Prime (APL) vorangetrieben.
Wichtige Finanzkennzahlen umfassen:
- Nettoergebnis von $80.027 im Geschäftsjahr 2024 (im Vergleich zu $1,57 Millionen im Geschäftsjahr 2023 gesunken)
- Bruttogewinn von $12,04 Millionen (Anstieg um 92,73%)
- Liquiditätsposition von $24,78 Millionen
- Überschuss im Umlaufvermögen von $9,42 Millionen (Anstieg um 21,94%)
Die Segmentleistung zeigte ein starkes Wachstum bei den Einnahmen aus Investitionen und Brokerage (+274,86% auf $18,80 Millionen) und Vermögensverwaltung (+9,63% auf $6,50 Millionen), während Technologie und Softwareentwicklung um 9,35% auf $1,64 Millionen zurückgingen. Strategische Erfolge umfassten die Akquisition von über 2.361 Kunden durch AML und die Expansion in die EU-Märkte durch neue Büros in Zypern, Malta und dem Vereinigten Königreich.
- Revenue surge of 111.24% to $26.94 million
- Investment and Brokerage segment growth of 274.86%
- Strong cash position of $24.78 million
- Working capital surplus increased by 21.94%
- Significant client acquisition through AML (2,396+ new clients)
- Geographic expansion with new offices in Cyprus, Malta, and UK
- Authorization to offer equities and money market securities in Malta
- Net profit declined from $1.57 million to $80,027
- Technology & Software Development revenue decreased by 9.35%
- Delayed commercialization of Condor Investing & Trading App until late 2025
Robust Revenue Expansion Across All Business Segments – Investment and Brokerage, Wealth Management, and Technology Solution.
Irvine, CA, April 01, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced audited results for the fiscal year ending December 31, 2024.
Full Year Highlights: FY 2024 vs. FY 2023
- Total Revenues:
$26.94 million in FY 2024, up from$12.75 million in FY 2023 – an increase of111.24% due to the consolidation of Alchemy Markets Ltd. (AML) and Alchemy Prime Ltd. (APL) for the full 2024 fiscal year, which contributed significantly to revenue expansion. - Net Profit:
$80,027 in FY 2024 compared to a net profit of$1.57 million in FY 2023 – a higher profit in FY 2023 was mainly due to non-recurring sales in the third quarter ending December 31, 2023. - Gross Profit:
$12.04 million in FY 2024, up from$8.88 million in FY 2023 – an increase of92.73% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to the increase in gross profit. - Cash Position:
$24.78 million as of December 31, 2024. - Working Capital Surplus:
$9.42 million in FY 2024 compared to$7.46 million in FY 2023, an increase of21.94% .
Performance by Segement
Investment and Brokerage
- Revenue surged to
$18.80 million in FY 2024, compared to$5.02 million in FY 2023 – an increase of274.86% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to revenue expansion.
Wealth Management
- Revenue increased to
$6.50 million in FY 2024 from$5.93 million in FY 2023 – an increase of9.63% .
Technology & Software Development
- Revenue of
$1.64 million in FY 2024 compared to$1.81 million in FY 2023 – a decrease of9.35% as the Company focused its time and effort on integrating its technology in its subsidiaries.
Strategic and Operational Highlights
- Successfully integrated full-year financials from AML and APL following 2023 acquisitions.
- AML acquired over 2,361 clients from Next Markets and 35 clients from a Cypriot broker, expanding its presence in the EU.
- AML secured authorization in terms of article 6 of the Investment Services Act, Chapter 370 of the Laws of Malta, to offer equities and money market securities, enabling the Company to provide stocks and interest-yielding products.
- Launched new offices in Cyprus, Malta, and the UK.
- Ongoing development of the Condor Investing & Trading App, slated for commercialization in late 2025.
The management is proud of the transformative growth achieved in the fiscal year 2024. With a strong capital position, scalable platform, pipeline of upcoming acquisitions, and growing international footprint, the Company is well-positioned to deliver sustained value to shareholders and clients alike in the 2025 fiscal year and beyond.
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
This press release's statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. 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. 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.
Contact Media Relations
FDCTech, Inc.
info@fdctech.com
www.fdctech.com
+1 877-445-6047
200 Spectrum Center Drive, Suite 300,
Irvine, CA, 92618
FAQ
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