Afinida Stock Price, News & Analysis

On November 21, 2022, Trucept Inc. (OTC Pink: TREP) announced its Q3 2022 financial results, marking another quarter of profitability. The company reported a 21.3% increase in revenue compared to Q3 2021. CEO Norman Tipton expressed satisfaction with the business units' performance and noted progress on financial audits for potential OTCQB uplisting. Trucept's services include data-driven marketing, payroll, human resources, and more, aimed at assisting businesses in growth.

Trucept Inc. (OTC Pink: TREP) has launched a new subsidiary, Trucept Risk Management, aimed at reducing workers' compensation costs for Professional Employer Organizations (PEOs). Recently, a PEO client achieved nearly a 20% reduction in its Experience Rating, attributed to effective claims management, safety inspections, and client support. Headquartered in Escondido, California, Trucept provides a variety of professional services including payroll, human resources, and risk management. For more details, visit www.trucept.com.

Trucept Inc. (OTC Pink: TREP) reported a 20% increase in total revenue for Q2 2022 compared to the same quarter last year, marking another quarter of profitability. CEO Norman Tipton expressed satisfaction with the growth across all business units. The company also plans to conduct audits for the years ending 2021 and 2022 after previous delays caused by COVID-19. Trucept offers a range of professional services, including marketing, payroll, and HR management, aimed at supporting business growth.

Trucept Inc. (OTC Pink: TREP) has launched a new subsidiary, Trucept Risk Management, Inc., aimed at revolutionizing workers' compensation claims administration. The subsidiary focuses on reducing costs for Professional Employer Organizations (PEOs). President Andrew Jones highlighted the company's expertise in closing claims, which has resulted in significant savings for clients. Operating from Escondido, California, and Lehighton, Pennsylvania, Trucept offers a range of professional services to help businesses navigate growth.

Trucept Inc. (TREP) reported its seventh consecutive profitable year with a 52% increase in net income, totaling $1,645,095, and a 43% rise in annual revenue, reaching $17,584,339 for 2021. CEO Norman Tipton expressed optimism for future growth in 2022 as the company continues to expand its professional services, which now include marketing, insurance, payroll, and human resources. The firm focuses on helping businesses navigate growth and improve operational efficiency.

Trucept Inc. (OTC Pink: TREP) reported a strong Q3 2021, achieving a 41% increase in total operating revenue compared to the previous year. This marks another consecutive quarter of profitability. CEO Norman Tipton acknowledged the growth across Trucept's core business and subsidiaries despite challenges posed by COVID-19. The company is also progressing on financial audits, previously delayed due to pandemic restrictions. Trucept offers various professional services, including marketing and human resources, aimed at supporting business growth.

Trucept, Inc. (OTC Pink: TREP) announced a significant milestone with $5 million in weekly payroll processing, showcasing growth in its payroll processing and services division. COO Julie Neill highlighted that Afinida, Trucept's subsidiary, continues to thrive with no adverse effects from the pandemic. Afinida specializes in payroll and HR management, offering comprehensive services such as direct deposit management and wage garnishments. The success is attributed to personalized client service amidst a shift towards web-based payroll services.

Trucept Inc. (OTC Pink: TREP) reported a robust financial performance for Q2 2021, achieving an 81% increase in operating revenue compared to the same period last year. The company continues to maintain profitability, with CEO Norman Tipton highlighting the success of its core business and subsidiaries. Trucept is also advancing on its financial audits, which faced delays due to COVID-19. The firm provides a range of professional services, including marketing, payroll, and risk management, aimed at aiding businesses in growth and efficiency.

Trucept Inc. (OTC Pink: TREP) subsidiary Afinida expands its payroll services, now operating in 47 states. With Q1 revenue growth of over 18% and a staggering 90% increase in Q2, the company's success is attributed to its personalized service model. Afinida offers services such as payroll processing, HR management, and employee benefits administration. COO Julie Neill highlights the record growth as a testament to their commitment to customer experience, positioning Afinida as a leading provider in the payroll industry.