MCAP Inc. Reports Fourth Quarter 2024 EPS of $0.15 Per Share

Rhea-AI Summary

MCAP (OTC: MCAP) has released its Q4 2024 financial results, reporting earnings of $0.15 per share for the quarter. The financial technology company achieved annual revenue of $87.8 million, generating EBITDA of $9.2 million and $0.23 per share.

The company's growth strategy focuses on expanding customer relationships, developing application software, enhancing securities execution platforms, and diversifying business lines. MCAP is actively pursuing M&A opportunities that align with its core competencies to create long-term shareholder value.

Positive

• Q4 2024 EPS of $0.15 per share
• Annual revenue of $87.8 million
• EBITDA of $9.2 million ($0.23 per share)
• Active expansion through multiple business initiatives

Negative

• None.

ORLANDO, Fla., April 1, 2025 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology company, today reported fourth quarter 2024 earnings of $0.15 per share. Annual total revenue was $87.8mm, resulting in EBITDA of $9.2mm and $0.23 per share.

MCAP continues to expand through its investment in customer relationships, application software development, securities execution platforms and diversification of business lines. The Company also seeks additional M&A opportunities that are aligned with the Company's core competencies while creating long-term shareholder value.

About MCAP Inc.

MCAP Inc. is a U.S. based public holding company owning subsidiaries and investments in various companies. The Company's principal focus is financial technology businesses that conduct business globally. The Company owns, develops, and invests in the electronic market making and execution sector, securities trading technologies, and algo execution platforms.

Please visit our website:  www.mcaptech.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks, and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Earnings are non-GAAP. Readers are cautioned not to place undue reliance on forward-looking statements.

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SOURCE MCAP Inc.

FAQ

What was MCAP's earnings per share (EPS) for Q4 2024?

MCAP reported earnings of $0.15 per share for the fourth quarter of 2024.

How much revenue did MCAP generate in 2024?

MCAP generated total revenue of $87.8 million for the full year 2024.

What was MCAP's EBITDA and EBITDA per share for 2024?

MCAP reported EBITDA of $9.2 million, translating to $0.23 per share for 2024.

What are MCAP's current growth strategies for 2024 and beyond?

MCAP is focusing on expanding customer relationships, developing software applications, enhancing securities execution platforms, diversifying business lines, and pursuing strategic M&A opportunities.