MetaCap Inc. Reports Full Year 2021 Financial Results
MetaCap Inc. (OTC: MCAP) reported a net income of $15 million for the full year 2021, resulting in fully diluted earnings per share of $0.65 and EBITDA of $16.8 million.
Sentiment and the balance of points
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Rhea-AI Summary
MetaCap Inc. (OTC: MCAP) reported a net income of $15 million for the full year 2021, resulting in fully diluted earnings per share of $0.65 and EBITDA of $16.8 million. Additionally, the consolidated pro-forma EPS was $0.55, assuming C-corporation tax conditions throughout 2021. The company operates through its three wholly owned subsidiaries focusing on financial technology, digital assets, and electronic securities market making.
Positive
- Net income for 2021 was $15 million, showing profitability.
- Fully diluted earnings per share reached $0.65, indicating strong earnings.
- EBITDA of $16.8 million highlights operational efficiency.
Negative
- None.
Details
News Market Reaction – MCAP
The recorded move for MCAP in the trading session of this news was +70.45%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ORLANDO, Fla., Feb. 10, 2022 /PRNewswire/ -- MetaCap Inc. (OTC: MCAP), a financial technology and electronic market maker today reported full year 2021 net income of
Full year 2021 consolidated pro-forma EPS of
About MetaCap, Inc.
MetaCap Inc. is a US based publicly traded corporation with three wholly owned subsidiaries -MCAP Technologies LLC, MBIT LLC and MCAP LLC. MCAP Technologies LLC is a financial technology company that develops trading software and provides data services utilized in various financial markets. MBIT LLC is a digital asset company focused on crypto-currency and DeFi protocols. MCAP LLC is an SEC registered and FINRA member broker dealer focused on electronic securities market making.
For additional information about MetaCap, contact Investor Relations, at info@metacaptech.com.
Notes: *The 2021 pro-forma C-Corp earnings per share are for illustrative purposes only to show the hypothetical combined results had the conversion taken place at the beginning of 2021 and had the company been subject to C-corporation taxes for the entire year.
Please visit our website www.metacaptech.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. Readers are cautioned not to place undue reliance on forward-looking statements.
View original content:https://www.prnewswire.com/news-releases/metacap-inc-reports-full-year-2021-financial-results-301480024.html
SOURCE MetaCap Inc.
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