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MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share
MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share.
About this update from Mcap Inc.
[{"type":"text","content":"\n\n\n\nMCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share\nPR Newswire\nNEW YORK, May 9, 2022\n\n\n\nNEW YORK, May 9, 2022 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology and electronic securities market maker today reported first quarter 2022 net earnings per share of $0.15 per share.  Quarterly revenue was $22.2mm, a 35% increase over 4th quarter 2021 resulting in net profit after tax of $3.4mm and EBITDA of $4.2mm.\nFirst quarter 2022 consolidated was the first full quarter in which the company reported as a C-Corp following its acquisition and consolidation of all subsidiaries under MCAP Inc.  The Company had strong performances in its core segments and saw key milestones met in expansion areas, through opportunistic hires, the expansion into DeFi and lending/borrowing capabilities and the completion of a long planned critical infrastructure move to the secure/low latency Equinix NY5 Data Center.\nMCAP continues to develop strategic partnerships and seeks M&A opportunities that are aligned with the company's core competencies while creating long term shareholder value. \nAbout MCAP, Inc.MCAP Inc. is a US based publicly traded corporation with three wholly owned subsidiaries - MCAP Technologies LLC, MBIT LLC and MCAP LLC. MCAP Technologies LLC is a financial technology company that develops trading software and provides data services utilized in various financial markets. MBIT LLC is a digital asset company focused on crypto-currency and DeFi protocols. MCAP LLC is an SEC registered and FINRA member broker dealer focused on electronic securities market making.\nPlease visit our website www.MCAPtech.com\nForward-Looking StatementsThis release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual...