FDCTech, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 06:54 pm
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FDCTech, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 1.53 million compared to USD 0.082725 million a year ago. Revenue was USD 1.53 million compared to USD 0.082725 million a year ago. Net loss was USD 0.330227 million compared to USD 0.265705 million a year ago.
For the six months, sales was USD 3.07 million compared to USD 0.147078 million a year ago. Revenue was USD 3.07 million compared to USD 0.147078 million a year ago. Net loss was USD 0.748918 million compared to USD 0.487542 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. 
