Thugmuffin
3 years ago
$MCAP MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per SharePress Release | 05/09/2022
MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share
PR Newswire
NEW YORK, May 9, 2022
NEW YORK, May 9, 2022 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology and electronic securities market maker today reported first quarter 2022 net earnings per share of $0.15 per share. Quarterly revenue was $22.2mm, a 35% increase over 4th quarter 2021 resulting in net profit after tax of $3.4mm and EBITDA of $4.2mm.
First quarter 2022 consolidated was the first full quarter in which the company reported as a C-Corp following its acquisition and consolidation of all subsidiaries under MCAP Inc. The Company had strong performances in its core segments and saw key milestones met in expansion areas, through opportunistic hires, the expansion into DeFi and lending/borrowing capabilities and the completion of a long planned critical infrastructure move to the secure/low latency Equinix NY5 Data Center.
MCAP continues to develop strategic partnerships and seeks M&A opportunities that are aligned with the company's core competencies while creating long term shareholder value.
About MCAP, Inc.
MCAP Inc. is a US based publicly traded corporation with three wholly owned subsidiaries - MCAP Technologies LLC, MBIT LLC and MCAP LLC. MCAP Technologies LLC is a financial technology company that develops trading software and provides data services utilized in various financial markets. MBIT LLC is a digital asset company focused on crypto-currency and DeFi protocols. MCAP LLC is an SEC registered and FINRA member broker dealer focused on electronic securities market making.
Please visit our website www.MCAPtech.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.
View original content:https://www.prnewswire.com/news-releases/mcap-inc-reports-first-quarter-2022-eps-of-0-15-per-share-301542989.html
AskMuncher
3 years ago
$MCAP MetaCap Inc. Announces New Board Members
Press Release | 02/03/2022
METACAP INC. ANNOUNCES NEW BOARD MEMBERS
Orlando, FL / February 3, 2022 -- MetaCap Inc. (OTC: MCAP) today announced that it has expanded its Board of Directors to include Michael Franzese and Edward Barry. Mr. Franzese joined the company in 2015 and currently runs the fixed income division. Mr. Barry joined the company in 2013 focusing on equity market making and customer relationship management. The expansion was approved by the Board of Directors and the new members were approved by a majority of shareholders.
We are pleased to welcome Mike and Ted to our Board of Directors. They both have many years of valuable industry experience. I look forward to working with them to continue growing our existing business and finding new opportunities in the fintech industry." said David Menn, MetaCaps Chief Executive Officer.
About MetaCap, Inc.
MetaCap Inc. is a US based publicly traded corporation with three wholly owned subsidiaries - MCAP Technologies LLC, MBIT LLC and MCAP LLC. MCAP Technologies LLC is a financial technology company that develops software and distributes data utilized in various financial markets. MBIT LLC is a digital asset company focused on crypto-currency and DeFi protocols. MCAP LLC is an SEC registered and FINRA member broker dealer focused on electronic securities market making.
For additional information about MetaCap, contact Investor Relations, at info@metacaptech.com.
Please visit our website www.metacaptech.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.
Slojab
3 years ago
Actually, that's not the company. My mistake. This is it.
https://www.mcapacquisitioncorp.com/about-us
MCAP Acquisition Corporation is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Companyβs sponsor, MCAP Acquisition, LLC (the βSponsorβ), is managed by an affiliate of Monroe Capital LLC. MCAP may pursue an initial business combination target in any business, industry or sector, but it intends to capitalize on the differentiated ability of the Sponsorβs manager to source, acquire and manage software, technology-enabled, and business services companies.