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MCAP Inc. Reports Second Quarter 2024 EPS of $0.03 Per Share

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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.

MCAP Inc. (OTC: MCAP), una società di tecnologia finanziaria, ha riportato i suoi guadagni del secondo trimestre del 2024. L'azienda ha raggiunto un utile per azione di $0.03, con un fatturato totale di $22,8 milioni. Le performance finanziarie di MCAP hanno incluso anche un EBITDA di $1,04 milioni e un utile netto dopo le tasse di $663 milioni.

La società continua a concentrarsi sulla crescita attraverso investimenti in relazioni con i clienti, sviluppo software, piattaforme di esecuzione dei titoli e diversificazione delle linee di business. Inoltre, MCAP sta attivamente cercando opportunità di M&A che siano in linea con le sue competenze principali e che mirino a creare valore per gli azionisti a lungo termine.

MCAP Inc. (OTC: MCAP), una empresa de tecnología financiera, ha reportado sus ingresos del segundo trimestre de 2024. La compañía logró una ganancia por acción de $0.03, con un ingreso total de $22.8 millones. El rendimiento financiero de MCAP también incluyó un EBITDA de $1.04 millones y un ingreso neto después de impuestos de $663 millones.

La empresa sigue enfocándose en el crecimiento a través de inversiones en relaciones con los clientes, desarrollo de software, plataformas de ejecución de valores y diversificación de líneas de negocio. Además, MCAP está buscando activamente oportunidades de fusión y adquisición que se alineen con sus competencias centrales y que busquen crear valor a largo plazo para los accionistas.

MCAP Inc. (OTC: MCAP), 금융 기술 회사가 2024년 2분기 실적을 발표했습니다. 이 회사는 주당 순이익 $0.03을 기록했으며, 총수익 $22.8백만 달러를 얻었습니다. MCAP의 재무 성과에는 $1.04백만의 EBITDA세후 순이익 $663백만도 포함됩니다.

회사는 고객 관계, 소프트웨어 개발, 증권 실행 플랫폼 및 사업 라인 다각화에 대한 투자를 통해 성장을 지속적으로 추구하고 있습니다. 또한, MCAP는 핵심 역량에 부합하는 인수합병 기회를 적극적으로 모색하고 있으며, 장기적인 주주 가치를 창출하는 것을 목표로 하고 있습니다.

MCAP Inc. (OTC: MCAP), une entreprise de technologie financière, a annoncé ses résultats du deuxième trimestre 2024. L'entreprise a réalisé un bénéfice par action de $0.03, avec un chiffre d'affaires total de $22,8 millions. La performance financière de MCAP a également inclus un EBITDA de $1,04 millions et un revenu net après impôts de $663 millions.

L'entreprise continue de se concentrer sur la croissance grâce à des investissements dans les relations avec les clients, le développement de logiciels, les plateformes d'exécution de titres et la diversification des lignes d'affaires. De plus, MCAP recherche activement des opportunités de fusions et acquisitions qui correspondent à ses compétences clés et visent à créer une valeur à long terme pour les actionnaires.

MCAP Inc. (OTC: MCAP), ein Unternehmen der Finanztechnologie, hat seine Ergebnisse für das zweite Quartal 2024 veröffentlicht. Das Unternehmen erzielte einen Gewinn pro Aktie von $0,03 und einen Gesamtumsatz von $22,8 Millionen. Die finanzielle Leistung von MCAP umfasste auch ein EBITDA von $1,04 Millionen und ein Nettogewinn nach Steuern von $663 Millionen.

Das Unternehmen konzentriert sich weiterhin auf Wachstum durch Investitionen in Kundenbeziehungen, Softwareentwicklung, Handelsplattformen und Diversifizierung der Geschäftsfelder. Darüber hinaus sucht MCAP aktiv nach M&A-Möglichkeiten, die mit seinen Kernkompetenzen übereinstimmen und darauf abzielen, langfristigen Shareholder-Value zu schaffen.

Positive
  • Reported positive earnings per share of $0.03 for Q2 2024
  • Generated total revenue of $22.8 million in the quarter
  • Achieved EBITDA of $1.04 million
  • Reported after-tax net income of $663 million
Negative
  • None.

ORLANDO, Fla., Aug. 12, 2024 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology company, today reported second quarter 2024 earnings of $0.03 per share. Quarterly total revenue was $22.8mm, resulting in EBITDA of $1.04mm and after-tax net income of $663m.

MCAP continues to expand through its investment in customer relationships, application software development, securities execution platforms and diversification of business lines. The Company also seeks additional M&A opportunities that are aligned with the Company's core competencies while creating long-term shareholder value.

About MCAP Inc.

MCAP Inc. is a U.S. based public holding company owning subsidiaries and investments in various companies. The Company's principal focus is financial technology businesses that conduct business globally. The Company owns, develops, and invests in the electronic market making and execution sector, securities trading technologies, and alternative trading platforms.

Please visit our website:  www.MCAPtech.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks, and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Earnings are adjusted non-GAAP. Readers are cautioned not to place undue reliance on forward-looking statements.

Cision View original content:https://www.prnewswire.com/news-releases/mcap-inc-reports-second-quarter-2024-eps-of-0-03-per-share-302219898.html

SOURCE MCAP Inc.

FAQ

What was MCAP Inc.'s earnings per share (EPS) for Q2 2024?

MCAP Inc. reported earnings per share (EPS) of $0.03 for the second quarter of 2024.

How much revenue did MCAP (OTC: MCAP) generate in Q2 2024?

MCAP Inc. generated total revenue of $22.8 million in the second quarter of 2024.

What was MCAP's EBITDA for the second quarter of 2024?

MCAP Inc. reported an EBITDA of $1.04 million for Q2 2024.

What is MCAP Inc.'s strategy for future growth?

MCAP Inc. is focusing on expanding through investments in customer relationships, software development, securities execution platforms, business line diversification, and seeking M&A opportunities aligned with its core competencies.

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