FDCTech restates Q1 2025 net income to $ 314,122

FDCTECH INC

FDCTECH INC

FDCT

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  • FDCTech filed a restated Form 10-Q/A for the quarter ended March 31, 2025, replacing prior unaudited results it said should no longer be relied upon.
  • Restated net income rose to $314,122, up $209,574 versus the previously reported figure; operating income was $407,845.
  • Restated revenue was $5.98 million; segment revenue was $3.63 million investment and brokerage, $1.53 million wealth management, $813,747 technology and software.
  • Cash and cash equivalents were $2.43 million; restricted cash for segregated client funds was $17.45 million, matched by $17.45 million client funds payable.
  • Restatement also shifted an $8 million subscription receivable to contra-equity; it recorded 500,000 previously unrecorded common shares.


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