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FDCTech, Inc. (OTC: FDCT), parent of Alchemy Markets/Prime, FXIFY, XOALA payments has reported financial results for the second quarter and six months ended June 30, 2026, alongside confirmation that its Quarterly Report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission.
Total revenues for the second quarter reached $17,472,536, up 222.4% from $5,419,791 in the second quarter of 2025 (restated). For the six months ended June 30, 2026, total revenues were $32,687,028, an increase of 186.8% from $11,396,739 in the prior-year period (restated).
Gross margin expanded to 68.0% for the quarter, up from 42.5% in the second quarter of 2025 (restated), and to 71.9% for the six-month period, up from 45.3% (restated). The company attributed the margin expansion to a shift in revenue mix toward its higher-margin brokerage segment.
Operating income for the quarter was $7,383,880, representing an operating margin of 42.3%, compared with an operating loss of $166,545 in the prior-year quarter (restated). For the six months, operating income was $14,242,776, compared with $241,300 in the prior-year period (restated), with operating expenses growing 88.1% against revenue growth of 186.8%.
Net income attributable to FDCTech shareholders was $7,710,931 for the quarter, or $1.82 per basic share and $0.03 per diluted share, compared with a net loss of $437,923 in the second quarter of 2025 (restated). For the six months, net income attributable to shareholders was $14,578,197, or $3.45 per basic share and $0.06 per diluted share, compared with a net loss of $145,111 in the prior-year period (restated).
By segment, brokerage revenues were $14,264,990 for the quarter, an increase of 451.2%, and $26,274,408 for the six months, an increase of 322.7%. The company said the growth was driven primarily by the full-quarter contribution of Alchemy International Ltd. (AIL), its Seychelles-regulated subsidiary acquired in the fourth quarter of 2025, together with the continuing operations of Alchemy Markets Ltd. (Malta) and Alchemy Prime Limited (United Kingdom). The brokerage segment represented 81.6% of total revenues for the quarter.
Technology & Software revenues were $1,393,442 for the quarter, an increase of 18.3%, and $3,032,664 for the six months, an increase of 52.2%, which the company said reflects expanded adoption of its proprietary Condor Trading Technology suite across a broader broker-dealer client base.
Wealth Management revenues were $1,814,104 for the quarter, an increase of 9.7%, and $3,379,956 for the six months, an increase of 6.0%, generated by AD Advisory Services Pty Ltd. (ADS), the company's ASIC-regulated Australian subsidiary, which oversees approximately $770 million in funds under advice across a network of 26 financial advisors.
Total stockholders' equity increased to $39,310,479 at June 30, 2026, compared with $22,691,288 at December 31, 2025 (restated). Accumulated surplus increased to $17,979,684 from $3,401,487 at December 31, 2025. Working capital improved 85.4% to $33,063,252, with total liabilities reduced 61.9% to $15,779,315.
On June 29, 2026, the company filed a Certificate of Amendment with the Secretary of State of the State of Delaware effecting a one-for-one hundred (1-for-100) reverse stock split of its common stock, which began trading on a post-split basis on July 10, 2026. On July 13, 2026, the board of directors approved the conversion of all 2,371,844 outstanding shares of Series B Convertible Preferred Stock into 118,592,200 shares of common stock. Following the conversion, 122,823,068 shares of common stock were outstanding as of August 17, 2026.
In June 2026, the company acquired 100% of Alchemy Markets (Cayman) Ltd., a Cayman Islands company licensed by the Cayman Islands Monetary Authority as a securities investment business licensee holding a Broker/Dealer licence, consolidated from June 19, 2026 as a transfer of an entity under common control.
On August 7, 2026, the company entered into a Share Purchase Agreement to acquire The Millionaire's Club Ltd, a Malta company holding Type 1, Type 2 and Type 3 business-to-consumer gaming licences issued by the Malta Gaming Authority. The transaction remains subject to closing conditions and regulatory approvals.
The company said it continues to pursue a potential listing of its common stock on a national securities exchange in connection with a proposed public offering of equity securities, subject to SEC review, satisfaction of applicable exchange listing requirements, market conditions and other factors.
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