MCAP Inc. Reports Second Quarter 2022 EPS of $0.10 Per Share
ORLANDO, Fla., Aug. 4, 2022 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology and electronic securities market maker today reported second quarter 2022 net earnings of $0.10 per share. Quarterly revenue was $20.2mm, a 15% YoY increase compared to 2nd quarter 2021. Resulting quarterly after-tax net income was $2.3mm with EBITDA of $2.7mm.
MCAP continues to expand through its investment in customer relationships, software development, and strong strategic partnerships. The company also seeks M&A opportunities that are aligned with the company's core competencies while creating long term shareholder value.
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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.
SOURCE MCAP, LLC