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Fintech firm MCAP Q4 adjusted EPS rises 40% sequentially

Overview

US financial technology firm's Q4 adjusted EPS rose 40% quarter-over-quarter to $0.13

Quarterly EBITDA reached $4.7 mln, with full-year EBITDA at $21 mln

Company continues investing in software, customer relationships, and business diversification

Outlook

MCAP did not provide specific guidance for the current quarter or full year

Result Drivers

INVESTMENT IN CUSTOMER RELATIONSHIPS - Co said continued investment in customer relationships contributed to expansion

SOFTWARE AND PLATFORM DEVELOPMENT - Co cited ongoing development of application software and securities execution platforms as supporting growth

BUSINESS DIVERSIFICATION - Co said diversification of business lines is part of its expansion strategy

Company press release: ID:nPn86wChya

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 EPS$0.13
Q4 EBITDA$4.70 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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