Welcome to our dedicated page for Afinida news (Ticker: TREP), a resource for investors and traders seeking the latest updates and insights on Afinida stock.
Afinida Inc. (OTC Pink: TREP) generates a steady flow of news centered on its role as a provider of business and human resources consulting services through multiple Afinida-branded subsidiaries. This news page highlights company announcements that cover financial performance, service expansions, leadership changes, and client wins across payroll, HR, accounting, risk management, insurance, and marketing.
Recent press releases describe revenue growth tied to strategic investments in new operating subsidiaries and the expansion of Afinida’s client base. Updates have included annual and interim financial results, year-over-year revenue increases, gross profit improvements, and operating expense reductions. These disclosures often explain how subsidiaries such as Afinida Marketing and Afinida Accounting contribute to overall company performance through new contracts, audits for professional employer organization (PEO) clients, and expanded service offerings.
News items also focus on operational developments within specific subsidiaries. Afinida Marketing has reported record revenue growth between quarters, new contracts with multiple businesses in sectors ranging from PEO services to retail, and the expansion of its marketing team to address increasing client demand. Afinida Accounting has announced the introduction of fractional CFO services, detailing capabilities in financial statement preparation, bookkeeping, analysis, cash flow management, compliance, and audit support.
Corporate governance and branding updates appear in the news as well, including the accepted change of Trucept, Inc.’s operating name to Afinida, Inc. and leadership transitions involving CEO retirement and the appointment of an interim CEO. Investors and observers can use this news feed to follow how Afinida’s subsidiaries evolve, how its financial profile changes over time, and how management describes its strategy for supporting business clients.
Trucept Inc. (OTC Pink: TREP) reported robust financial results for the year ending December 31, 2022, demonstrating continued profitability. The company achieved a 14.3% increase in revenue compared to the previous year, accompanied by an 11.4% rise in total stockholders' equity. CEO Norman Tipton noted the positive performance amid economic challenges and highlighted the appointment of a new auditing firm to facilitate an uplist to OTCQB. Trucept provides a range of professional services, showcasing resilience and consistent growth in its operations.
Trucept Inc. (OTC Pink: TREP) has announced its financial results for the full year 2022, showcasing a 14.3% increase in revenue compared to the previous year. This marks another consecutive year of profitability for the company. Total stockholders' equity also saw an increase of 11.4%. CEO Norman Tipton expressed satisfaction with the company's performance despite economic challenges and highlighted efforts to advance financial audits for a potential up-listing on the OTCQB. Trucept continues to expand its professional services, including marketing and payroll, to assist businesses in navigating growth.
On February 3, 2023, Trucept Inc. (OTC Pink: TREP) announced the appointment of RJI International CPA's as its new outside financial auditing firm for 2022. The decision was made after evaluating proposals from various firms, aiming to improve upon the previous auditor's performance impacted by the pandemic. CEO Norman Tipton highlighted RJI's 40 years of experience and expressed optimism about the collaboration in 2023. Trucept provides a variety of professional services, including marketing, insurance, payroll, human resources, and accounting support to assist businesses in growth.
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
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.