FDCTech (FDCTD) delays Q2 report as preliminary profit jumps
Rhea-AI Filing Summary
FDCTech, Inc. filed a notice that its Form 10-Q for the quarter ended June 30, 2026 will be filed late under Rule 12b-25 because it has not yet received all required income tax information and advice from foreign subsidiaries in Malta, the United Kingdom, Australia, Seychelles, Cyprus and Mauritius. The company expects to file the report within the five-day extension period.
Based on preliminary unaudited data, FDCTech expects to report for the three months ended June 30, 2026 revenue of $17,472,536 versus $5,419,791 a year earlier, operating income of $7,383,880 versus an operating loss of $166,545, and net income of $7,710,931 versus a net loss of $437,923. For the six months ended June 30, 2026 it expects revenue of $32,687,028, operating income of $14,242,776 and net income of $14,578,197, all higher than the restated prior-year periods, reflecting consolidation of Alchemy International Ltd. and related subsidiaries acquired on October 29, 2025. These figures are preliminary and may change.
Positive
- Preliminary Q2 2026 results show revenue of $17,472,536, up from $5,419,791, indicating much larger scale after the Alchemy International acquisition.
- FDCTech expects a swing to profitability, with Q2 2026 net income of $7,710,931 versus a net loss of $437,923 in Q2 2025.
- For the first half of 2026, FDCTech anticipates operating income of $14,242,776 versus $241,300 a year earlier, suggesting significantly stronger operating performance.
Negative
- The company will file its June 30, 2026 Form 10-Q late and is relying on a Rule 12b-25 extension due to tax-reporting delays.
- Completion of income tax accounting depends on multiple foreign subsidiaries in six jurisdictions, adding complexity and timing risk to its reporting process.
- All disclosed 2026 figures are preliminary unaudited results and may differ materially from the final Form 10-Q amounts.
Key Figures
Key Terms
Rule 12b-25 regulatory
transition report regulatory
preliminary unaudited results financial
deferred tax information financial
FAQ
Why is FDCTD’s Form 10-Q for June 30, 2026 being filed late?
What preliminary Q2 2026 revenue does FDCTD expect to report?
How are FDCTD’s profits expected to change in Q2 2026 versus Q2 2025?
What are FDCTD’s expected results for the first six months of 2026?
When does FDCTD expect to file the delayed Form 10-Q?
How did the Alchemy International acquisition affect FDCTD’s 2026 results?
AI-generated analysis. How Rhea-AI works. Not financial advice.