Last $0.03 USD
Change Today 0.00 / 0.00%
Volume 0.0
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OTC US
As of 8:10 PM 03/28/14 All times are local (Market data is delayed by at least 15 minutes).

fnds3000 corp (FDTC) Snapshot

Open
$0.03
Previous Close
$0.03
Day High
$0.03
Day Low
$0.03
52 Week High
11/13/13 - $0.24
52 Week Low
10/22/13 - $0.02
Market Cap
2.6M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
86.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FNDS3000 CORP (FDTC)

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fnds3000 corp (FDTC) Details

FNDS3000 Corp operates as a financial transaction-processing company. The company provides prepaid reloadable cards through distributors to corporate customers in cooperation with financial institutions in South Africa. Its payment processing platform supports prepaid programs for payroll, insurance, medical aid, gift card and corporate incentive, prepaid cellular charge, and small-scale international funds transfer applications, as well as other offerings, such as micro-lending, debt rescheduling and management programs, and commission and gratuity cards. It provides its prepaid reloadable cards to individuals who do not have bank accounts. The company was formerly known as FundsTech Corp. and changed its name to FNDS3000 Corp in March 2008. FNDS3000 Corp was founded in 2006 and is based in Jacksonville, Florida.

fnds3000 corp (FDTC) Top Compensated Officers

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fnds3000 corp (FDTC) Key Developments

FNDS3000 Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended May 31, 2013

FNDS3000 Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended May 31, 2013. For the quarter, the company reported revenue, net of $832,503 compared to $866,121 a year ago. Loss from operations before income taxes was $255,625 compared to $554,214 a year ago. Loss from operations was $255,625 compared to 554,214 a year ago. For the nine months, the company reported revenue, net of $2,621,642 compared to $2,524,254 a year ago. Loss from operations before income taxes was $868,157 compared to $1,644,402 a year ago. Loss from operations was $868,157 compared to $1,644,402 a year ago. Basic and diluted loss per share was $0.01 compared to $0.02 a year ago.

FNDS3000 Corp. Reports Unaudited Earnings Results for the First Quarter Ended November 30, 2012

FNDS3000 Corp. reported unaudited earnings results for the first quarter ended November 30, 2012. For the quarter, as compared to the quarter ended August 31, 2011, the company's net loss improved $273,000 or 42%. Revenues were $913,600, an increase of $57,800 (7%). The net loss for the quarter showed a 9% increase compared to the previous quarter and this was due to increased hosting fees as certain credits were applied in the prior quarter; increased bank fees due to increased minimum fees; and, the company incurred recruitment fees as it augmented its IT staff as the continued to invest in the development of the software platform.

FNDS3000 Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended May 31, 2012

FNDS3000 Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended May 31, 2012. For the quarter, the company's revenue was $873,018, an increase of $177,718 from $695,300 for the third quarter of fiscal 2011. The company reported loss from operations of $533,916 and loss from operations before income taxes of $548,698 compared to loss from operations of $565,784 and loss from operations before income taxes of $572,214 reported a year ago. Net loss was $548,698 or $0.01 per basic and diluted share compared to $572,214 or $0.01 per basic and diluted share for the same period in the prior year. For the nine months, revenue was $2,531,151, an increase of $925,221 or 57.6% from $1,605,930 for the nine months ended May 31, 2011. The net loss was $1,644,402 or $0.02 per basic and diluted share, a decrease of $771,840 or 31.9% from $2,416,262 or $0.03 per basic and diluted share for the same period in the prior year. The company reported loss from operations of $1,635,524 and loss from operations before income taxes of $1,644,402 compared to loss from operations of $2,414,654 and loss from operations before income taxes of $2,416,262 reported a year ago.

 

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