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Trucept, Inc. DBA Afinida Reports Strong Q3 2024 Financial Results, Marking Sustained Growth and Profitability

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Trucept Inc. (OTC Pink: TREP) reported strong Q3 2024 financial results with significant growth across key metrics. The company achieved a 33% increase in Net Revenues reaching $1,524,541 and a 34% increase in Gross Profit totaling $1,006,660 compared to Q3 2023. Year-to-Date Net Revenues grew by 27% to $3,658,912, while YTD Net Income increased by 6% compared to 2023. The company, operating as Afinida, provides various business solutions including accounting, HR, insurance, marketing, payroll, and risk management services.

Trucept Inc. (OTC Pink: TREP) ha riportato risultati finanziari solidi nel terzo trimestre del 2024, registrando una crescita significativa in vari indicatori chiave. L'azienda ha ottenuto un aumento del 33% dei ricavi netti, raggiungendo $1.524.541, e un aumento del 34% del profitto lordo, per un totale di $1.006.660 rispetto al terzo trimestre del 2023. I ricavi netti da inizio anno sono cresciuti del 27%, toccando $3.658.912, mentre il reddito netto da inizio anno è aumentato del 6% rispetto al 2023. L’azienda, operante come Afinida, offre varie soluzioni aziendali, tra cui servizi di contabilità, risorse umane, assicurazione, marketing, stipendi e gestione del rischio.

Trucept Inc. (OTC Pink: TREP) informó sobre sólidos resultados financieros del tercer trimestre de 2024 con un crecimiento significativo en métricas clave. La compañía logró un aumento del 33% en los ingresos netos, alcanzando $1,524,541, y un aumento del 34% en la utilidad bruta, totalizando $1,006,660 en comparación con el tercer trimestre de 2023. Los ingresos netos acumulados hasta la fecha crecieron un 27% hasta $3,658,912, mientras que la utilidad neta acumulada hasta la fecha aumentó un 6% en comparación con 2023. La empresa, que opera como Afinida, ofrece diversas soluciones empresariales que incluyen contabilidad, recursos humanos, seguros, marketing, nómina y servicios de gestión de riesgos.

Trucept Inc. (OTC Pink: TREP)는 2024년 3분기 재무 실적을 발표하며 주요 지표에서 상당한 성장을 기록했습니다. 회사는 순수익 33% 증가로 $1,524,541에 도달하였고, 총 이익 34% 증가로 $1,006,660에 이르렀습니다. 이는 2023년 3분기 대비한 수치입니다. 연초부터 현재까지의 순수익은 27% 증가하여 $3,658,912에 달했으며, 연초 대비 순이익은 6% 증가했습니다. Afinida로 운영되는 이 회사는 회계, HR, 보험, 마케팅, 급여 및 리스크 관리 서비스를 포함한 다양한 비즈니스 솔루션을 제공합니다.

Trucept Inc. (OTC Pink: TREP) a annoncé de solides résultats financiers pour le troisième trimestre 2024, avec une croissance significative dans plusieurs indicateurs clés. L'entreprise a enregistré une augmentation de 33 % des revenus nets, atteignant 1 524 541 $ et une augmentation de 34 % du bénéfice brut, totalisant 1 006 660 $ par rapport au troisième trimestre 2023. Les revenus nets depuis le début de l'année ont augmenté de 27 %, atteignant 3 658 912 $, tandis que le bénéfice net depuis le début de l'année a augmenté de 6 % par rapport à 2023. L'entreprise, opérant sous le nom d'Afinida, propose diverses solutions d'affaires, y compris des services de comptabilité, de ressources humaines, d'assurance, de marketing, de paie et de gestion des risques.

Trucept Inc. (OTC Pink: TREP) berichtete über starke Finanzresultate im 3. Quartal 2024 mit signifikantem Wachstum in wichtigen Kennzahlen. Das Unternehmen erzielte einen Umsatzanstieg von 33% und erreichte $1.524.541 sowie einen Bruttogewinnanstieg von 34% auf insgesamt $1.006.660 im Vergleich zum 3. Quartal 2023. Der Netto-Umsatz seit Jahresbeginn wuchs um 27% auf $3.658.912, während der Nettogewinn seit Jahresbeginn im Vergleich zu 2023 um 6% stieg. Das Unternehmen, das unter dem Namen Afinida tätig ist, bietet verschiedene Geschäftslösungen an, darunter Buchhaltung, Personalwesen, Versicherung, Marketing, Löhne und Risikomanagement-Dienstleistungen.

Positive
  • 33% increase in Q3 2024 Net Revenues to $1,524,541
  • 34% increase in Q3 2024 Gross Profit to $1,006,660
  • 27% increase in YTD Net Revenues to $3,658,912
  • 6% increase in YTD Net Income
Negative
  • None.

ESCONDIDO, Calif., Nov. 19, 2024 /PRNewswire/ -- Trucept, Inc. (OTC Pink: TREP) DBA Afinida is pleased to announce its Q3 2024 financial results, showcasing robust growth across key metrics compared to the same period last year. The company's continued focus on operational efficiency and client satisfaction has resulted in another profitable quarter, setting the stage for a strong close to the year.

Trucept, Inc. (DBA Afinida) Achieves 33% Revenue Growth and 34% Profit Increase in Q3 2024

Q3 2024 Financial Highlights:

  • $1,524,541 or 33% increase in Net Revenues for Q3 2024 vs. Q3 2023
  • $1,006,660 or 34% increase in Gross Profit for Q3 2024 vs. Q3 2023
  • $3,658,912 or 27% increase in Year-to-Date (YTD) Net Revenues compared to 2023
  • 6% increase in YTD Net Income compared to 2023

"We are proud to release the Q3 2024 financial results for Trucept, Inc. and to announce to our shareholders that we have achieved another profitable quarter," said Brendan McMenamy, CFO. "The third quarter is always difficult, operationally speaking, considering year-end is looming in the distance – I am very pleased with our sustained growth, and our teams are pushing for a successful Q4 to close the year out strong!"

Trucept, Inc. continues to leverage its diverse portfolio of business solutions to drive growth and shareholder value, while its dedicated team ensures sustained excellence in service delivery and operational performance.

Stay informed with the latest updates from Trucept, Inc. Read our full report and explore more company news at https://trucept.com/investors/#reports

Trucept Inc. (DBA Afinida) continues to innovate and adapt to meet the evolving needs of its clients while driving sustainable growth and delivering shareholder value. It's portfolio of professional services includes:

  • Afinida Accounting – Financial Accounting Services
  • Afinida HR - Human Resources and Management
  • Afinida Insurance -Insurance Offerings and Third-party Administrator (TPA) services
  • Afinida Marketing – Full-Service Marketing Agency
  • Afinida Payroll - Full-Service Payroll
  • Afinida Risk Management - Safety and Risk Management

About Trucept Inc.

Trucept Inc. (DBA Afinida) is a renowned name in the business solutions sector, dedicated to helping companies focus on their core operations while it takes care of the peripheral business processes. With its extensive suite of services and a commitment to excellence, Trucept has been a trusted partner for countless businesses, aiding their growth and success.

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SOURCE Trucept Inc.

FAQ

What was Trucept's (OTC: TREP) revenue growth in Q3 2024?

Trucept reported a 33% increase in Net Revenues, reaching $1,524,541 in Q3 2024 compared to Q3 2023.

How much did Trucept's (OTC: TREP) gross profit increase in Q3 2024?

Trucept's gross profit increased by 34% to $1,006,660 in Q3 2024 compared to Q3 2023.

What was Trucept's (OTC: TREP) year-to-date revenue growth in 2024?

Trucept's year-to-date net revenues increased by 27% to $3,658,912 compared to 2023.

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