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MCAP Inc. Reports Third Quarter 2024 EPS of $0.04 Per Share

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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.

MCAP Inc., una società di tecnologia finanziaria, ha riportato i risultati finanziari del Q3 2024. La società ha registrato guadagni di $0.04 per azione, con un fatturato totale di $21.2 milioni, EBITDA di $1.2 milioni e un reddito netto dopo le tasse di $881 milioni. La società continua la sua strategia di crescita attraverso investimenti nelle relazioni con i clienti, nello sviluppo software, nelle piattaforme di esecuzione titoli e nella diversificazione delle linee di business. MCAP sta anche cercando attivamente opportunità di M&A allineate con le sue competenze principali per aumentare il valore per gli azionisti.

MCAP Inc., una empresa de tecnología financiera, reportó sus resultados financieros del Q3 2024. La compañía logró ganancias de $0.04 por acción, con ingresos totales de $21.2 millones, EBITDA de $1.2 millones y un ingreso neto después de impuestos de $881 millones. La compañía continúa su estrategia de crecimiento a través de inversiones en relaciones con clientes, desarrollo de software, plataformas de ejecución de valores y diversificación de líneas de negocio. MCAP también está buscando activamente oportunidades de fusiones y adquisiciones alineadas con sus competencias centrales para aumentar el valor para los accionistas.

MCAP Inc.은 금융 기술 회사로서 2024년 3분기 재무 결과를 발표했습니다. 회사는 주당 $0.04의 수익을 달성했으며, 총 수익은 $21.2 백만, EBITDA는 $1.2 백만, 세후 순이익은 $881 백만입니다. 회사는 고객 관계, 소프트웨어 개발, 증권 실행 플랫폼 및 사업 라인 다양화에 대한 투자로 성장 전략을 지속하고 있습니다. MCAP은 주주 가치를 증대시키기 위해 핵심 역량에 맞는 M&A 기회를 적극적으로 모색하고 있습니다.

MCAP Inc., une société de technologie financière, a annoncé ses résultats financiers pour le 3ème trimestre 2024. L'entreprise a réalisé des bénéfices de $0,04 par action, avec un chiffre d'affaires total de $21,2 millions, un EBITDA de $1,2 millions, et un bénéfice net après impôts de $881 millions. L'entreprise poursuit sa stratégie de croissance grâce à des investissements dans les relations client, le développement de logiciels, les plateformes d'exécution de titres, et la diversification des lignes d'activité. MCAP recherche également activement des opportunités de fusions et acquisitions alignées avec ses compétences clés pour accroître la valeur pour les actionnaires.

MCAP Inc., ein Finanztechnologieunternehmen, hat seine Finanzzahlen für das Q3 2024 veröffentlicht. Das Unternehmen erreichte Gewinne von $0,04 pro Aktie, mit einem Gesamtumsatz von $21,2 Millionen, EBITDA von $1,2 Millionen und einem Nettoergebnis nach Steuern von $881 Millionen. Das Unternehmen setzt seine Wachstumsstrategie durch Investitionen in Kundenbeziehungen, Softwareentwicklung, Wertpapierausführungsplattformen und Diversifizierung der Geschäftsbereiche fort. MCAP sucht auch aktiv nach M&A-Möglichkeiten, die mit seinen Kernkompetenzen übereinstimmen, um den Shareholder-Value zu steigern.

Positive
  • Revenue reached $21.2 million in Q3 2024
  • Positive EBITDA of $1.2 million
  • Strong net income of $881 million
  • Positive EPS of $0.04 per share
Negative
  • None.

ORLANDO, Fla., Nov. 13, 2024 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology company, today reported third quarter 2024 earnings of $0.04 per share. Quarterly total revenue was $21.2mm, resulting in EBITDA of $1.2mm and after-tax net income of $881m.

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-third-quarter-2024-eps-of-0-04-per-share-302304277.html

SOURCE MCAP Inc.

FAQ

What was MCAP's earnings per share (EPS) for Q3 2024?

MCAP reported earnings of $0.04 per share for the third quarter of 2024.

What was MCAP's total revenue in Q3 2024?

MCAP's total revenue for Q3 2024 was $21.2 million.

What was MCAP's EBITDA in the third quarter of 2024?

MCAP reported an EBITDA of $1.2 million for Q3 2024.

What was MCAP's net income for Q3 2024?

MCAP achieved an after-tax net income of $881 million in Q3 2024.

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132.91M
4.16M
Software - Application
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United States of America
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