FDCTech (FDCT) AI Stock Analysis

• Market Cap: $10.99M
• Dividend Yield: N/A
• Average Volume (3M): 191.77K
• Price to Earnings (P/E): 7.6
• Beta (1Y): -16.30
• Revenue Growth: 8.78%
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): <0.01
• Shares Outstanding: 422,584,720
• 10 Day Avg. Volume: 86,761
• 30 Day Avg. Volume: 191,773
• PEG Ratio: -0.06
• Price to Book (P/B): 0.03
• Price to Sales (P/S): 0.02
• P/FCF Ratio: -0.06
• Enterprise Value/Market Cap: -0.84
• Enterprise Value/Revenue: -0.35
• Enterprise Value/Gross Profit: -0.67
• Enterprise Value/Ebitda: -4.70
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: $0.02 ▼(-45.00% Downside)

The score is held back mainly by weak technicals (downtrend, negative MACD, very low RSI) and mixed fundamentals driven by negative operating/free cash flow and thin/negative net margins. These risks are partially offset by a stable, low-leverage balance sheet, strong revenue growth, a low P/E valuation, and positive expansion-related corporate events.

Positive Factors

Robust revenue growth

Sustained high revenue growth (TTM +76.8%) signals expanding transaction volumes and platform adoption. Durable fee-based payment revenue scales with volume, improving operating leverage over time and providing resources for product investment and broader network expansion.

High gross margin (~50%)

A near-50% gross margin indicates the platform captures significant value per transaction and benefits from scalable infrastructure. High gross margins provide flexibility to fund compliance, sales, and technology investments while preserving the ability to pursue growth without immediate margin erosion.

Strategic expansion via acquisition and licensing

The Alchemy acquisition and a Payment Intermediary license materially expand FDCTech’s regulatory footprint and distribution. These are structural moves that lower barriers to serve international partners, enable new product flows, and broaden the addressable market over the medium term.

Negative Factors

Negative operating and free cash flows

Persistent negative operating and free cash flows create durable liquidity risk. Ongoing cash burn constrains organic investment, increases reliance on external financing or equity, and may slow integration of acquisitions or scaling of payment programs over the next several months.

Slightly negative net profit margin

A slightly negative net margin means revenue growth is not yet converting into retained earnings. This reduces internal capital for reinvestment, heightens sensitivity to cost shocks, and makes achieving sustainable profitability a structural priority rather than a short-term issue.

Modest EBIT/EBITDA margins

Modest operating margins limit the company’s cushion against downturns and indicate persistent efficiency gaps. With integration and scaling needs ahead, improving EBIT/EBITDA is essential to fund growth internally and reduce dependence on external capital over the medium term.

FDCTech Business Overview & Revenue Model

Company Description

FDCTech, Inc. operates as a technology provider and software developer in the cryptocurrency or digital asset space. It operates Condor Pro Multi-Asset Trading Platform, a commercial trading platform primarily for day traders and retail investors. The company's Condor Pro Multi-Asset Trading Platform features front-end, back-end, news feeds, and charting system, as well as risk management, pricing engine, and connectivity to liquidity providers or market makers. It serves markets, such as forex, stocks, commodities, cryptocurrencies, and other financial products. The company was formerly known as Forex Development Corporation and changed its name to FDCTech, Inc. in February 2018. FDCTech, Inc. was incorporated in 2016 and is based in Irvine, California.

How the Company Makes Money

FDCTech generates revenue through multiple streams, primarily from software licensing, subscription-based services, and customized IT solutions for enterprise clients. The company offers tiered pricing models for its software products, allowing clients to choose plans that best fit their operational needs. Additionally, FDCT earns revenue from consulting services, where it provides strategic advice and technical expertise to optimize IT infrastructure and integrate new technologies. Significant partnerships with major cloud service providers and technology firms enhance FDCT’s offerings, leading to increased sales and market penetration. Furthermore, maintenance and support contracts contribute to recurring revenue, ensuring a steady income stream as clients rely on FDCT for ongoing service and updates.

FDCTech Financial Statement Overview

Summary

Strong TTM revenue growth and a ~50% gross margin support the score, and the balance sheet is conservative with very low leverage. Offsetting this, profitability is still pressured (slightly negative net margin) and operating/free cash flow are negative, indicating execution and liquidity risk.

Income Statement

FDCTech has shown significant revenue growth, particularly in the TTM period with a 76.8% increase. The gross profit margin is strong at nearly 50%, indicating effective cost management. However, the net profit margin is slightly negative, suggesting challenges in translating revenue growth into net income. EBIT and EBITDA margins are modest, reflecting operational efficiency but also highlighting areas for improvement in profitability.

Balance Sheet

The company's balance sheet is stable with a low debt-to-equity ratio of 0.09, indicating conservative leverage. Return on equity is positive at 8.79%, showing effective use of equity to generate profits. The equity ratio is healthy, suggesting a strong capital structure. Overall, the balance sheet reflects financial stability and prudent management of liabilities.

Cash Flow

FDCTech's cash flow statement reveals challenges, with negative operating and free cash flows in the TTM period. The free cash flow growth rate is negative, indicating potential liquidity issues. However, the free cash flow to net income ratio is over 1, suggesting that cash flow generation relative to net income is strong. Improving cash flow management will be crucial for future financial health.

Breakdown	TTM	Mar 2025	Dec 2023	Mar 2023	Dec 2021	Dec 2020
Income Statement
Total Revenue	26.08M	26.94M	12.75M	6.45M	457.66K	215.41K
Gross Profit	13.76M	12.04M	6.25M	1.02M	42.28K	-36.55K
EBITDA	1.96M	893.90K	1.81M	-835.52K	-1.45M	-142.68K
Net Income	1.38M	80.03K	1.57M	-1.07M	-1.74M	-458.49K
Balance Sheet
Total Assets	47.93M	41.84M	47.54M	2.92M	3.89M	699.21K
Cash, Cash Equivalents and Short-Term Investments	24.78M	24.78M	31.32M	264.83K	93.55K	22.47K
Total Debt	759.06K	1.37M	593.77K	768.70K	238.80K	1.23M
Total Liabilities	31.46M	27.39M	34.49M	1.31M	961.46K	1.74M
Stockholders Equity	16.39M	14.43M	13.01M	1.55M	1.63M	-1.04M
Cash Flow
Free Cash Flow	-7.75M	-7.24M	20.63M	-785.88K	-2.92M	-208.51K
Operating Cash Flow	-7.69M	-7.24M	20.98M	-516.05K	-2.63M	-13.85K
Investing Cash Flow	1.22M	444.73K	1.16M	-251.58K	1.06M	-194.66K
Financing Cash Flow	3.26M	255.73K	8.91M	937.48K	1.64M	203.09K

FDCTech Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FDCT, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.88 is Neutral, neither overbought nor oversold. The STOCH value of 76.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FDCT.

FDCTech Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
COHN	63 Neutral	$35.79M	7.39	9.56%	6.45%	214.07%	-40.88%
FDCT	57 Neutral	$10.99M	7.65	-0.18%	―	8.78%	―
ABTS	47 Neutral	$6.61M	-5.29	-11.74%	―	31.69%	86.25%
GREE	45 Neutral	$20.06M	-5.80	―	―	-3.52%	83.39%
MIGI	42 Neutral	$16.06M	-0.24	―	―	-11.39%	79.96%
ARBK	39 Underperform	$7.85M	-0.01	―	―	-13.86%	-32.19%

FDCTech Corporate Events

FDCTech Expands Financial Services with New License

FDCTech reported strong financial results for Q3 2025, achieving a net income of $755,408, marking a return to profitability compared to a net loss in the previous year. The company also finalized the acquisition of Alchemy International Ltd. in October 2025, which is expected to enhance its global operations and expand its client base. Additionally, Xoala Asia, a subsidiary, received a Payment Intermediary Services license in November 2025, positioning the company to expand its financial infrastructure capabilities in Mauritius.

FDCTech Completes Acquisition of Alchemy International

On October 29, 2025, FDCTech, Inc. completed the acquisition of Alchemy International Ltd., a Seychelles-licensed securities dealer, for $2,000,000. This acquisition, approved by the Financial Services Authority, positions Alchemy International as a key subsidiary, enhancing FDCTech’s ability to serve a broader client base in the global market.