Fast Finance Pay Corp Releases Third Quarter 2024 Financial Results

October 25, 2024 / Fast Finance Pay Corp. (OTC PINK:FFPP) today announced its financial results for the third quarter ended September 30, 2024.

Operating Results for the three months ended September 30, 2024:

• Revenues for the three months ended September 30, 2024 were $4.1 million, an increase of 254% from $1.1 million in the same period of 2023.
• Gross profit was $2.3 million, compared to $282 thousand in the same period in 2023.
• Net profit was $470 thousand, as compared to $84 thousand in the same period of 2023.

Operating Results for the nine months ended September 30, 2024:

• Revenues for the nine months ended September 30, 2024 were $8 million, an increase of 191% from $2.7 million in the same period of 2023.
• Gross profit was $3.2 million, compared to $1.3 million in the same period in 2023.
• Net profit was $600 thousand, as compared to $253 thousand in the same period of 2023.

Ole Jensen, CEO, President and Chairman of Fast Finance Pay Corp. stated, "Our continued growth is a result of investments we have made throughout our networks, information technology, sales and marketing efforts and most importantly the people we have at Fast Finance. We continue to see opportunities that we expect will allow us to grow organically and maintain profitability and being cash flow positive.”

"The third quarter was a very special period for the company. I was appointed President and CEO, we retained an investment banking firm to assist us in uplisting to a national exchange, and we continue to work with our lawyers and accountants to improve the capital structure. I believe all these steps will improve our public company status and position within the investment community. Our goal, whether it be to uplist onto NASDAQ or NYSE, is to increase our trading volume and liquidity by attracting long term retail and institutional investors," concluded Mr. Jensen.

About Fast Finance Pay Corp.

Fast Finance Pay Corp. is a gateway provider and nascent Fintech, Fast Finance Pay Corp offers a flexible payment platform to assist e-merchants with their online ventures. It allows e-merchants to process all popular payment methods with just one partner, instead of installing a multitude of "payment plugins".

OK.de Services contains the OK.de mobile 'free-mailer' e-mail and end-to-end secure, encrypted, instant messaging service. Ok.de is a free email provider with news, comparison portal and numerous other free services. With this service, we are building an active user interface that is used to connect people all over the world on one platform.

With OK.secure, we released a completely free and absolutely secure Messenger-Service on the market: private and secure messaging with a military level of encryption. Via end-to-end-encryption based on the blockchain-technology, OK.secure provides secure communication with chat, video calls, and cloud storage.

For additional information, visit www.ff24pay-corp.com.

Forward-looking statements

This news release may contain forward-looking statements within the meaning of Section 27a of the Securities Act of 1933 (as amended) and section 21e of the Securities and Exchange Act of 1934 (as amended). Those statements include the intent, belief or current expectations of the Company and its management team. Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management's plans and objectives for future operations. Some or all the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control.

CONTACT:

Investor Relations
Andrew Barwicki
516-662-9461
andrew@barwicki.com