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Robust Revenue Expansion Across All Business Segments – Investment and Brokerage, Wealth Management, and Technology Solution. 

Irvine, CA, April 01, 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 audited results for the fiscal year ending December 31, 2024.

Full Year Highlights: FY 2024 vs. FY 2023

• Total Revenues: $26.94 million in FY 2024, up from $12.75 million in FY 2023 – an increase of 111.24% due to the consolidation of Alchemy Markets Ltd. (AML) and Alchemy Prime Ltd. (APL) for the full 2024 fiscal year, which contributed significantly to revenue expansion.
  

• Net Profit: $80,027 in FY 2024 compared to a net profit of $1.57 million in FY 2023 – a higher profit in FY 2023 was mainly due to non-recurring sales in the third quarter ending December 31, 2023.
  

• Gross Profit: $12.04 million in FY 2024, up from $8.88 million in FY 2023 – an increase of 92.73% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to the increase in gross profit.
  

• Cash Position: $24.78 million as of December 31, 2024.
  

• Working Capital Surplus: $9.42 million in FY 2024 compared to $7.46 million in FY 2023, an increase of 21.94%.
  

Performance by Segement

Investment and Brokerage

• Revenue surged to $18.80 million in FY 2024, compared to $5.02 million in FY 2023 – an increase of 274.86% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to revenue expansion.
  

Wealth Management

• Revenue increased to $6.50 million in FY 2024 from $5.93 million in FY 2023 – an increase of 9.63%.
  

Technology & Software Development

• Revenue of $1.64 million in FY 2024 compared to $1.81 million in FY 2023 – a decrease of 9.35% as the Company focused its time and effort on integrating its technology in its subsidiaries.
  

Strategic and Operational Highlights

• Successfully integrated full-year financials from AML and APL following 2023 acquisitions.

• AML acquired over 2,361 clients from Next Markets and 35 clients from a Cypriot broker, expanding its presence in the EU.

• AML secured authorization in terms of article 6 of the Investment Services Act, Chapter 370 of the Laws of Malta, to offer equities and money market securities, enabling the Company to provide stocks and interest-yielding products.
  

• Launched new offices in Cyprus, Malta, and the UK.
  

• Ongoing development of the Condor Investing & Trading App, slated for commercialization in late 2025.