MCAP Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
September 02, 2023 at 12:04 pm IST
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MCAP Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 15.18 million. Revenue was USD 33.24 million. Net income was USD 0.862754 million. Basic earnings per share from continuing operations was USD 0.04. Diluted earnings per share from continuing operations was USD 0.04.
For the six months, sales was USD 34.04 million. Revenue was USD 67.71 million. Net income was USD 3.2 million. Basic earnings per share from continuing operations was USD 0.14. Diluted earnings per share from continuing operations was USD 0.14.
MCAP Inc. operates financial technology companies, which focus on the rapidly changing and digitalization of the global financial markets. The Companyâs subsidiaries include MCAP Technologies LLC, MBIT LLC, and MCAP LLC. MCAP Technologies LLC is a financial technology company, which develops software utilized in various financial markets. MBIT LLC is a digital asset company, which is focused on crypto-currency, DeFi protocols and blockchain integration in the global financial markets. MCAP LLC is a broker-dealer focused on electronic securities market making. MCAP LLC connects institutional investors, broker-dealers and companies to the global equity and fixed income markets. Its products or services include electronic securities market making, application software, securities trading platforms and financial technology. The Company targets opportunities that provide efficiencies within the existing financial services industry.
MCAP INC. 
