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FDCTech Reports Over 58% Year-over-Year Revenue Growth in Q1 2025 Driven by Strong Performance Across All Business Segments
FDCTech Reports Over 58% Year-over-Year Revenue Growth in Q1 2025 Driven by Strong Performance Across All Business Segments.
About this update from Fdctech, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n FDCTech Reports Over 58% Year-over-Year Revenue Growth in Q1 2025 Driven by Strong Performance Across All Business Segments\r\n \r\n \r\n\r\n\r\nFDCTech Reports Over 58% Year-over-Year Revenue Growth in Q1 2025 Driven by Strong Performance Across All Business Segments\r\n\r\n\r\n\r\n\r\n\r\nQ1 2025 Highlights Show Continued Growth and Operating Profitability.  Irvine, CA, May 14, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. (\"FDC\" or the \"Company,\" PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced its unaudited financial results for the three months ended March 31, 2025. Q1 2025 Financial Highlights \r\n Total Revenue: $10.11 million for Q1 2025, up from $6.38 million in Q1 2024 — an increase of 58.59%, driven primarily by the full-period contribution from the Company’s Investment and Brokerage segment (Alchemy Markets Ltd. and Alchemy Prime Ltd.) and strong performance in the Technology segment.\r\n Gross Profit: $5.18 million in Q1 2025, compared to $2.34 million in Q1 2024 — a growth of 121.32%.\r\n Net Income: $301,002 in Q1 2025, compared to $833,445 in Q1 2024. The prior-year quarter included significant non-operating income.\r\n Cash Position: $26.99 million as of March 31, 2025, up from $24.78 million at year-end 2024.\r\n Working Capital: $10.08 million as of March 31, 2025, up from $9.10 million at year-end 2024.\r\n Net Assets: $15.64 million as of March 31, 2025, up from $14.43 million at year-end 2024.\r\n Performance by Segment Investment and Brokerage \r\n Revenue rose to $7.76 million in Q1 2025 from $4.61 million in Q1 2024 — an increase of 69%, following full consolidation of AML and APL operations and increased trading volume across European clients.\r\n Wealth Management \r\n Revenue was $1.53 million in Q1 2025, consistent with $1.51 million in Q1 2024, reflecting stable advisor-led revenues at AD Advisory Services.\r\n Technology & Software Development \r\n Revenue grew 218% to $0.81 million in Q1 2025 from $0.26 million in Q1 2024, driven by new licensing agreements and custom development projects for its proprietary Condor Trading platform.\r\n Strategic and Operational Highlights \r\n Condor Investing & Trading App: The Company continues development ...