AppTech Payments Reports Positive Second Quarter Financial Results and Strategic Progress [Yahoo! Finance]
AppTech Payments Corp. - Common stock (APCX)
NASDAQ:AMEX Investor Relations:
apptechcorp.com/investor-relations
Company Research
Source: Yahoo! Finance
powering frictionless commerce, today announces its financial results for the second quarter ended June 30, 2024, showcasing strategic progress and continued operational efficiency. Financial Highlights Revenue Performance Reported revenue of approximately $76 thousand for Q2 2024, reflecting a decrease of $134 thousand in the same period last year due to lower merchant processing revenue. This decrease aligns with the Company's strategic decision to prioritize long-term growth through multiple integrations and the licensing of its innovative product offerings. These initiatives are expected to contribute positively to future quarters, subject to market adoption and customer uptake. Operating Efficiency Operating expenses were strategically reduced to approximately $3.0 million, a significant improvement from $9.4 million in Q2 2023. This reduction is largely due to the absence of a $6.1 million impairment charge recorded in the prior year and reflects AppTech's disciplined
Show less
Read more
Impact Snapshot
Event Time:
APCX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
APCX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
APCX alerts
High impacting AppTech Payments Corp. - Common stock news events
Weekly update
A roundup of the hottest topics
APCX
News
- AppTech Payments Provides Shareholder Update Highlighting Recent Strategic Partnership and Growth Milestones [Financial Post (Toronto, Ontario, Canada)]Financial Post
- AppTech Payments Provides Shareholder Update Highlighting Recent Strategic Partnership and Growth MilestonesGlobeNewswire
- AppTech Payments Second Quarter 2024 Earnings: Revenues Disappoint [Yahoo! Finance]Yahoo! Finance
- AppTech Payments Reports Positive Second Quarter Financial Results and Strategic ProgressGlobeNewswire
APCX
Sec Filings
- 9/27/24 - Form S-1
- 9/12/24 - Form 8-K
- 8/29/24 - Form 8-K
- APCX's page on the SEC website