Fintech firm FDCTech saw dramatic revenue rises in 2024 but lowered cash reserves due to reinvestment.

Fintech company FDCTech reported significant revenue growth in the first three quarters of 2024, with increases of 312.52%, 260.47%, and 53.20%. The company's cash on hand decreased to $27.99 million from $31.32 million, reflecting strategic reinvestments and acquisitions. Despite higher operating expenses impacting net income, FDCTech expects continued growth from recent acquisitions, aiming to deliver long-term value to shareholders.

December 31, 2024
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