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MCAP INC - MCAP STOCK NEWS

Welcome to our dedicated page for MCAP news (Ticker: MCAP), a resource for investors and traders seeking the latest updates and insights on MCAP stock.

MCAP Inc. (MCAP) is a U.S.-based financial technology company specializing in electronic securities market making and software development. With robust strategic partnerships and a focus on customer relationships, MCAP reported strong third-quarter earnings in 2023. The company's wholly owned broker-dealer subsidiary, MCAP LLC, offers 24-hour trading in US Treasury bonds. MCAP continues to seek M&A opportunities aligned with its core competencies to drive long-term shareholder value.

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MCAP Inc., a financial technology company, reported its Q3 2024 financial results. The company achieved earnings of $0.04 per share, with total revenue of $21.2 million, EBITDA of $1.2 million, and after-tax net income of $881 million. The company continues its growth strategy through investments in customer relationships, software development, securities execution platforms, and business line diversification. MCAP is also actively seeking M&A opportunities aligned with its core competencies to enhance shareholder value.

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MCAP Inc. (OTC: MCAP), a financial technology company, has reported its second quarter 2024 earnings. The company achieved earnings per share of $0.03, with a total revenue of $22.8 million. MCAP's financial performance also included an EBITDA of $1.04 million and an after-tax net income of $663 million.

The company continues to focus on growth through investments in customer relationships, software development, securities execution platforms, and business line diversification. Additionally, MCAP is actively seeking M&A opportunities that align with its core competencies and aim to create long-term shareholder value.

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MCAP Inc. (OTC: MCAP), a financial technology company, has announced a significant addition to its QwickRoute™ division. Brian Reale has been hired as Director – Workflow Solutions and Relationship Management, bringing with him 20 years of experience in streamlining securities execution processes. Reale, formerly of Clearpool Group, will focus on expanding the institutional customer base for equity agency execution, algo development, and quantitative analysis.

Aaron Kehoe, Managing Director – Head of QwickRoute™, expressed confidence in Reale's fit for the role, citing his background in the algo landscape and understanding of client needs. Will Dennis, President at MCAP, highlighted Reale's extensive experience in electronic trading and platform management as valuable assets for enhancing the QwickRoute client experience.

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MCAP, a financial technology company, reported a first quarter 2024 EPS of $0.01 per share. Total revenue for the quarter was $25 million, with an EBITDA of $329 million and an after-tax net income of $203 million. The company is expanding through investments in customer relationships, application software development, and securities execution platforms. Additionally, MCAP is pursuing M&A opportunities that align with its core competencies to create long-term shareholder value.

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MCAP Inc. declared a $0.05 dividend per common share, payable on March 29, 2024, to shareholders of record as of March 15, 2024.
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MCAP Inc. (MCAP) reported fourth-quarter 2023 earnings of $0.12 per share with a quarterly gross revenue of $43mm and after-tax net income of $2.8mm. The company focuses on expanding through investment in customer relationships, software development, and seeks M&A opportunities for long-term shareholder value.
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MCAP Inc. announces executive promotions to enhance customer focus in global financial markets. The company appoints new heads for sales trading and relationship management, highlighting commitment to growth and innovation in financial technology solutions.
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MCAP Inc. (OTC: MCAP) Reports Strong Q3 2023 Earnings and Revenue Growth, Expands Through Investments and Strategic Partnerships
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MCAP Inc. (OTC: MCAP) announced fourth quarter 2022 earnings of $0.17 per share, with quarterly revenue reaching $37 million, a 60% increase from Q3 2022. The company's after-tax net income was $3.9 million, accompanied by EBITDA of $5.4 million. MCAP focuses on enhancing customer relationships, software development, and strategic partnerships. Additionally, the company is exploring M&A opportunities aligned with its core competencies to drive long-term shareholder value.

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FAQ

What is the current stock price of MCAP (MCAP)?

The current stock price of MCAP (MCAP) is $5.25 as of December 20, 2024.

What is the market cap of MCAP (MCAP)?

The market cap of MCAP (MCAP) is approximately 132.9M.

What does MCAP Inc. specialize in?

MCAP Inc. is a financial technology company focusing on electronic securities market making and software development.

What were MCAP's third-quarter earnings in 2023?

MCAP reported earnings of $0.03 per share in the third quarter of 2023.

What services does MCAP LLC provide?

MCAP LLC, a wholly owned broker-dealer subsidiary, offers 24-hour trading in US Treasury bonds.

What are MCAP Inc.'s strategic initiatives?

MCAP seeks M&A opportunities aligned with its core competencies to create long-term shareholder value.

Where is MCAP Inc. based?

MCAP Inc. is a U.S.-based publicly traded corporation.

What is the website of MCAP Inc.?

The company's website is www.MCAPtech.com.

What kind of technology does MCAP develop?

MCAP develops securities trading software and provides data services for financial markets.

What forward-looking statements has MCAP made?

MCAP's statements include goals, forecasts, assumptions, risks, and uncertainties related to its business.

How does MCAP focus on customer relationships?

MCAP invests in customer relationships to drive expansion and growth.

What is the focus of MCAP's principal business?

MCAP's principal focus is financial technology businesses operating globally.

What is the after-tax net income of MCAP Inc. for the first quarter of 2024?

MCAP Inc. reported an after-tax net income of $203 million for the first quarter of 2024.

MCAP INC

OTC:MCAP

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MCAP Stock Data

132.91M
4.16M
Software - Application
Technology
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United States of America
Far Hills