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Thursday, October 27, 2022 3:23:24 PM
Highlights
Q1 2022 saw a 3% increase in revenue compared to Q1 2021, which was driven by increased residual payouts
Cash balance is $10.3 million after the IPO early this year, indicating good financial health
Acquisition of Hothand Inc. closed, providing more FinTech patents
AppTech is listed on Nasdaq as of January 2022
Steady gross profit growth in past 3 years
Recent News
North America Payment Processing Expansion: https://ca.finance.yahoo.com/news/apptech-payments-corp-expands-payments-100000059.html
Hothand Inc. Acquisition: https://ca.finance.yahoo.com/news/apptech-payments-corp-closes-acquisition-100000615.html
Q1 2022 Financial Results: https://ca.finance.yahoo.com/news/apptech-payments-reports-first-quarter-203000599.html
New Senior VP of Corporate Finance and Accounting: https://ca.finance.yahoo.com/news/apptech-payments-appoints-julia-yu-100000567.html
Conclusion
With payments and transactions becoming increasingly digitized, a company like AppTech Payments with a number of technology patents could be a long-term player in the space. The company has a strong team with plenty of experience, and I’m excited to see this company expand and gain even more traction in the FinTech space.
Disclaimer: This is not financial advice, always do your due diligence.
Recent APCX News
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 09:15:14 PM
- AppTech Payments Announces Strategic Partnership with FISB Solutions to Upgrade Legacy Banking Systems • GlobeNewswire Inc. • 06/11/2024 11:15:00 AM
- AppTech Payments Announces Commercial Launch of its Banking-as-a-Service (BaaS) Platform Following Successful Pilot Program • GlobeNewswire Inc. • 05/16/2024 11:30:00 AM
- AppTech Payments Corp. Reports Strong Start to 2024 with Positive First Quarter Financial Results and Strategic Business Advances • GlobeNewswire Inc. • 05/15/2024 11:30:00 AM
- AppTech Payments Corp. to Present at Sidoti Virtual Investor Conference May 8-9 • GlobeNewswire Inc. • 05/02/2024 11:30:00 AM
- AppTech Payments Strategic Partner PayToMe.co Honored with Six American Business Awards® for AI and Technological Excellence • GlobeNewswire Inc. • 05/01/2024 11:30:00 AM
- AppTech Payments to Present at the Planet MicroCap Showcase: Vegas 2024 • GlobeNewswire Inc. • 04/24/2024 11:30:00 AM
- AppTech Payments Corp. Announces 2024 Annual Shareholder Meeting • GlobeNewswire Inc. • 04/12/2024 11:30:00 AM
- AppTech Payments Corp. Reports Fiscal Year 2023 Results • GlobeNewswire Inc. • 04/01/2024 08:15:00 PM
- AppTech Payments Corp. Announces Closing of $2.0 Million Underwritten Public Offering of Common Stock • GlobeNewswire Inc. • 03/27/2024 02:37:02 PM
- AppTech Payments Corp. Announces Pricing of $2.0 Million Underwritten Public Offering of Common Stock • GlobeNewswire Inc. • 03/26/2024 12:00:00 PM
- AppTech Payments Corp. Announces Proposed Underwritten Public Offering of Common Stock • GlobeNewswire Inc. • 03/25/2024 08:37:00 PM
- AppTech’s FinZeo™ Fintech Platform to Roll Out to Credit Union Network with Over 2,000 Locations • GlobeNewswire Inc. • 03/11/2024 11:30:00 AM
- AppTech’s Strategic Partner InstaCash on Track to Launch Cutting Edge Peer-to-Peer Mobile Payments Platform Q2 2024: User Sign-Ups Available Now • GlobeNewswire Inc. • 02/22/2024 12:30:00 PM
- AppTech Integrates Fintech Platform to Transform Traditional Banking and Payments Infrastructure Resulting in Cost Reduction, Secure Banking, and Instant Movement of Cash • GlobeNewswire Inc. • 02/08/2024 12:30:00 PM
- AppTech Drives Licensing Revenues as Patent Licensee PayToMe.co Elevates Financial Technology Landscape with Plaid Integration • GlobeNewswire Inc. • 02/01/2024 09:30:00 AM
- AppTech Payments Announces Strategic Partnership with First Inning Ventures to Expand Commerse™ Suite in the International and Domestic Sports Market • GlobeNewswire Inc. • 01/26/2024 12:30:00 PM
- UPDATE — AppTech Successfully Boards its First International Airport Onto its Newly Acquired FinZeo Platform for Payment Processing • GlobeNewswire Inc. • 01/08/2024 10:34:38 PM
- AppTech Payments Corp. to Attend Consumer Electronics Show in Las Vegas January 9-12, 2024 • GlobeNewswire Inc. • 01/04/2024 12:30:00 PM
- AppTech Successfully Boards its First International Airport Onto its Newly Acquired FinZeo Platform for Payment Processing • GlobeNewswire Inc. • 01/02/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:16:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:15:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:15:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:15:26 PM
- AppTech Engages CORE IR for Investor Relations and Shareholder Communications Services • GlobeNewswire Inc. • 12/21/2023 12:00:00 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM