Fdctech, Inc.
FDCTECH, INC. is a U.S.-listed financial technology and services company that combines brokerage, wealth management, and proprietary trading software under one platform. It grows by acquiring legacy financial services firms and replacing their infrastructure with its Condor trading technology to improve client experience, compliance, and operating efficiency.
Tilikausi 2025 · muutos edellisvuodesta
Kehitys 2020–2025
Liiketoiminta
Osuus liikevaihdostaRetail and professional brokerage services across forex, equities, commodities, and digital asset-linked derivatives.
Australian adviser licensing, compliance, education, and funds-under-advice services through AD Advisory Services.
Condor-branded trading platforms, licensing agreements, and related software development services.
Cyprus-based support services provided to subsidiaries and affiliated companies.
Tuotteet
Raportoitu · osuus liikevaihdosta- Investment and Brokerage67,0 %
- Wealth Management18,4 %
- Technology Service14,6 %
Lähde: 10-K/A FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.
Asiakkaat
FDCTech serves brokerage clients, wealth advisers, and financial firms that need regulated trading, advisory, and technology infrastructure. Its customer base is split between end investors using brokerage platforms and professional intermediaries such as advisers, brokers, and affiliated financial services companies that buy software, licensing, and support services.
Individuals and professional traders who use AML and APL platforms to trade forex, equities, commodities, and digital asset-linked derivatives.
Australian advisers and accountants who buy licensing, compliance, and education solutions from AD Advisory Services.
Retail online brokers that license Condor Pro to add multi-asset trading, risk, and pricing functionality.
Subsidiaries and related companies that receive technology, sales, and marketing support from ATECH.
Strategia
FDCTech’s strategy is to acquire small and mid-sized legacy financial services firms, integrate them, and migrate them onto its proprietary Condor technology stack. Management is also expanding licensing relationships, building new products like the Condor Investing & Trading App, and using regulatory approvals to broaden market access and cross-sell services.
Integration drives cost synergies, platform standardization, and cross-selling across the group.
Licensing creates recurring software revenue and expands reach without owning every client relationship.
More licenses and jurisdictions increase addressable market and reduce dependence on any single country.
A simplified app can widen the customer base beyond advanced traders and improve retention.
Maantiede
FDCTech operates across the United States, Europe, the UK, Australia, Cyprus, and Mauritius, with most operating income generated outside the U.S. The company’s brokerage business is licensed across multiple European markets, while wealth management is anchored in Australia and technology/support functions are based in Cyprus. It also formed a Mauritius subsidiary for future investment-dealer operations, although that entity has no operations yet.
Riskit
FDCTech depends on successful acquisitions, regulatory approvals, and the integration of regulated financial businesses, so execution risk is high. Its brokerage and software model is exposed to market activity, compliance requirements, and foreign-currency and cross-border operating complexity, while the company has also disclosed going-concern concerns in prior audits.
The business model depends on buying legacy firms and migrating them onto Condor systems.
Brokerage, wealth management, and advisory services require ongoing approvals and compliance.
Management has disclosed historical going-concern concerns and potential need for future capital.
Brokerage revenue is tied to trading volumes and client activity in volatile markets.
Most operating income is generated outside the U.S., increasing FX, tax, and repatriation complexity.
Kirjanpito
Harkinnanvaraiset erätThe company earns revenue from brokerage, software licensing, and advisory services with different timing patterns.
Vaikutus: Affects quarterly comparability and gross margin mix
The acquisition-led strategy requires purchase accounting and ongoing impairment testing.
Vaikutus: Can materially affect assets, amortization, and earnings
Management says most operating income is generated outside the U.S. and not intended for repatriation.
Vaikutus: Affects tax provision, cash location, and liquidity analysis
Office and operating leases are recognized under ASC 842 and affect liabilities and operating expenses.
Vaikutus: Impacts balance sheet leverage and EBITDA-style analysis
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Päivitetty: 28.4.2026