From GlobeNewswire: 2025-03-07 17:59:00

AppTech Payments Corp. shared its Fourth Quarter 2024 financial results, reporting an operating loss of $2.1 million ($0.08 per share) compared to $3.4 million in the same quarter of 2023. The full year 2024 operating loss was $8.8 million versus $18.5 million in 2023. The company made significant organizational changes in Q4, receiving a $5 million investment to improve operations and replace key executives.

New CFO Felipe Corrado highlighted organizational and operating improvements, stating they bolstered capital, reduced expenses, and focused on potentially profitable customers. AppTech will file its 2024 Form 10K on March 31, 2025. The company provides digital financial services for financial institutions, corporations, SMEs, and consumers through a scalable cloud-based platform.



Read more at GlobeNewswire:: AppTech Payments Corp. Highlights Q4 2024 Financial and