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FDCT's Latest Acquisition Set To More Than Double Its Bottom Line
It is not often that a $2 million acquisition adds $6 million in net income to the bottom line in under three months of ownership. FDCTech, Inc. (OTCID: $FDCT ) picked up Alchemy International Ltd. for $2 million last October, a licensed broker that was already doing $7.56 million in revenue at a 50%+ net margin before the deal closed. The NT 10-K the company filed last week projects the acquisition will add over $17 million in net assets, more than $13 million in revenue,

Checkers
23 hours ago3 min read
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