CARLSBAD, Calif. - March 20, 2023 (Investorideas.com Newswire) AppTech Payments Corp. ("AppTech") (NASDAQ: APCX), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced results for its fourth quarter and fiscal year ended December 31, 2022. The financial statements and 10-K are available on sec.gov.
Fourth Quarter and Fiscal Year 2022 Financial Highlights
Recent Business Highlights
Luke D'Angelo, Chief Executive Officer of AppTech, commented: "Last year can be characterized as setting the stage for the company's next phase of growth. Our accomplishments were broad-based and foundational, as we look to increasingly convert our growing backlog of clients. Key milestones included the launch of our unique Commerce Experiences-as-a-Service platform, further expanding our ecosystem via partnerships and acquisitions, strengthening the management team, and bolstering our capital position.
"Looking to 2023 and beyond, we expect to onboard clients on to our Commerse platform that will drive a step up in revenue and earnings growth. In addition, our strong balance sheet positions us well to capitalize on M&A opportunities and strategic partnerships to further enhance our growth prospects and ultimately drive value for our shareholders."
About AppTech Payments Corp.
AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for corporations, small and midsized enterprises ("SMEs") and consumers through the Company's scalable cloud-based platform architecture and infrastructure, coupled with our commerce experiences development and delivery model. AppTech maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities. For more information, please visit www.apptechcorp.com.
This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will" and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the company's control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Investor Relations Contact
Michael Kim/Brooks Hamilton
AppTech Payments Corp.
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