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Stock impact report

AppTech Payments Corp. Reports Strong Start to 2024 with Positive First Quarter Financial Results and Strategic Business Advances [Yahoo! Finance]

AppTech Payments Corp. - Common stock (APCX) 
NASDAQ:AMEX Investor Relations: apptechcorp.com/investor-relations
Company Research Source: Yahoo! Finance
announced its financial results for the first quarter ended March 31, 2024, demonstrating significant revenue growth and strategic progress. Financial Highlights: Revenue Growth: Reported revenue of approximately $105,000 for Q1 2024, reflecting an 18% increase from $89,000 in the same period last year, driven primarily by dynamic licensing activities and innovative product enhancements. Operating Efficiency: Operating expenses were strategically reduced to $3.1 million, a 13% decrease from the previous year, reflecting internal focus on cost management and operational efficiency through advanced technologies. Net Loss Improvement: Our net loss was reduced to $(3.0) million, a 4% improvement compared to the previous year. This highlights the Company's commitment to financial stability and growth. Earnings Per Share: Enhanced shareholder value with earnings per share improving by 39% to $(0.13). Recent Business Highlights Conference Presentation: Presented at the Planet M Show less Read more
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