Fdctech, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 03:57 pm
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FDCTech, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 82,725 compared to USD 46,500 a year ago. Operating loss was USD 262,692 compared to USD 152,617 a year ago. Net loss was USD 265,705 compared to USD 163,581 a year ago. For the half year, sales was USD 147,078 compared to USD 130,407 a year ago. Operating loss was USD 484,427 compared to USD 195,143 a year ago. Net loss was USD 487,542 compared to USD 223,166 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. 
