FDCTech reports massive revenue growth in 2024 but sees cash reserves drop due to acquisitions.

FDCTech, a fintech firm specializing in acquiring financial services companies, reported significant revenue growth in the first three quarters of 2024, increasing by 312.52%, 260.47%, and 53.20% respectively, compared to the same periods in 2023. Despite a decrease in cash on hand to $27.99 million due to strategic reinvestments and acquisitions, the company's net assets rose to $13.67 million. FDCTech anticipates further growth in Q4 2024 from recent acquisitions, aiming to deliver long-term value to shareholders.

December 31, 2024
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