FDCTech, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 04, 2022 at 07:01 pm IST
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FDCTech, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1.53 million compared to USD 0.073925 million a year ago. Revenue was USD 1.53 million compared to USD 0.073925 million a year ago. Net loss was USD 0.226065 million compared to USD 0.490391 million a year ago.
For the nine months, sales was USD 4.6 million compared to USD 0.221003 million a year ago. Revenue was USD 4.6 million compared to USD 0.221003 million a year ago. Net loss was USD 0.974984 million compared to USD 0.977933 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
FDCTech, Inc. provides financial technology (fintech) and business solutions to OTC Online Brokerages and cryptocurrency businesses (customers). The Company operates through three segments: Wealth Management, Technology and Software Development, and Margin Brokerage Business. The Company operates its Wealth Management segment through its subsidiary, AD Advisory Services Pty Ltd. (ADS). ADS provides licensing solutions for financial advisers and accountants in Australia. ADS offers financial planners different licensing, compliance and education solutions to meet their practiceâs specific needs. It operates its Technology & Software Development segment through its subsidiary, Condor Trading Technology, which is a technology provider and software developer in the cryptocurrency or digital asset space. It operates its Margin Brokerage Business segment through its subsidiary, NSFX Ltd, which is an online trading brokerage firm.
FDCTECH, INC. 
