AppTech Payments Corp. (APCX) 10-Year Financial Performance & Capital Metrics

APCX • • Industrial / General

TechnologyInfrastructure SoftwarePayment Processing & Digital CommerceEnterprise Payment Processors

AboutAppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant services offer financial processing for businesses to accept cashless and/or contactless payments, such as credit cards, automatic clearing house, wireless payments, and others. In addition, the company offers integrated solutions for frictionless digital and mobile payment acceptance, including acceptance of alternative payment methods, as well as multi-use case, multi-channel, API-driven, and account-based issuer processing for card, digital tokens, and payment transfer transaction services. The company was formerly known as AppTech Corp. AppTech Payments Corp. was incorporated in 1998 and is headquartered in Carlsbad, California.Show more

Revenue $276K -45.2%
EBITDA -$8M +55.4%
Net Income -$9M +51.7%
EPS (Diluted) -0.35 +65.3%
Gross Margin 81.16% +29.0%
EBITDA Margin -2943.48% +18.5%
Operating Margin -3459.06% +9.1%
Net Margin -3236.59% +11.9%
ROE -184.93% +42.0%
ROIC -183.2% +42.4%
Debt/Equity 0.03 -28.6%
Interest Coverage -14.78 +96.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Negative free cash flow
✗Shares diluted 32.5% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-10.82%

5Y1.5%

3Y-7.96%

TTM115.62%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM36.85%

EPS CAGR

10Y-

5Y-

3Y-

TTM54.28%

ROCE

10Y Avg-7274.53%

5Y Avg-7274.53%

3Y Avg-310.25%

Latest-194.46%

Peer Comparison

Enterprise Payment Processors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TOSTToast, Inc.	17.39B	33.76	1048.45	28.33%	4.66%	13.56%	1.76%	0.02
DLODLocal Limited	2.42B	14.59	37.41	14.7%	17.8%	33.87%		0.11
IIIVi3 Verticals, Inc.	615.36M	25.67	36.67	-7.29%	55.87%	25.96%	0.93%	0.01
ACIWACI Worldwide, Inc.	4.48B	43.49	22.77	9.76%	15.07%	17.64%	7.66%	0.67
FOURShift4 Payments, Inc.	4.45B	65.91	21.75	29.86%	5.02%	8.73%	6.97%	2.83
WEXWEX Inc.	5.51B	160.57	21.41	3.15%	10.81%	25.38%	6.07%	2.99
EVTCEVERTEC, Inc.	1.93B	30.12	17.41	21.7%	16.17%	20.63%	8.91%	1.86
XYZBlock, Inc.	35.55B	64.92	14.27	10.06%	13.08%	13.95%	4.37%	0.37

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	194.5K	282.04K	255.1K	253.78K	256.14K	329.5K	354K	450K	504K	276K
Revenue Growth %	-0.78%	0.45%	-0.1%	-0.01%	0.01%	0.29%	0.07%	0.27%	0.12%	-0.45%
Cost of Goods Sold+	111.39K	174.88K	398.5K	108.39K	101.64K	140.37K	150K	220K	187K	52K
COGS % of Revenue	0.57%	0.62%	1.56%	0.43%	0.4%	0.43%	0.42%	0.49%	0.37%	0.19%
Gross Profit+	83.11K	107.16K	-143K	145.4K	154.5K	189.13K	204K	230K	317K	224K
Gross Margin %	0.43%	0.38%	-0.56%	0.57%	0.6%	0.57%	0.58%	0.51%	0.63%	0.81%
Gross Profit Growth %	-0.46%	0.29%	-2.33%	2.02%	0.06%	0.22%	0.08%	0.13%	0.38%	-0.29%
Operating Expenses+	745.54K	930.97K	939.25K	1.9M	1.1M	3.8M	77.52M	16.46M	19.5M	9.77M
OpEx % of Revenue	3.83%	3.3%	3.68%	7.48%	4.31%	11.53%	218.99%	36.59%	38.69%	35.4%
Selling, General & Admin	745.54K	930.97K	939.25K	1.91M	1.02M	3.75M	8.4M	8M	9.87M	7.79M
SG&A % of Revenue	3.83%	3.3%	3.68%	7.53%	3.99%	11.38%	23.73%	17.78%	19.59%	28.24%
Research & Development	0	0	0	279.69K	82.06K	49.25K	169K	7.56M	3.5M	1.98M
R&D % of Revenue	-	-	-	1.1%	0.32%	0.15%	0.48%	16.79%	6.94%	7.16%
Other Operating Expenses	0	0	0	0	0	1.03K	68.96M	904K	6.13M	0
Operating Income+	-662K	-818K	-1.08M	-1.8M	-948.43K	-3.61M	-77.32M	-16.23M	-19.18M	-9.55M
Operating Margin %	-3.4%	-2.9%	-4.25%	-7.09%	-3.7%	-10.96%	-218.42%	-36.08%	-38.07%	-34.59%
Operating Income Growth %	-0.31%	-0.24%	-0.32%	-0.66%	0.47%	-2.81%	-20.42%	0.79%	-0.18%	0.5%
EBITDA+	-650.16K	-807.17K	-1.08M	-1.8M	-948.36K	-3.61M	-76.14M	-15.83M	-18.2M	-8.12M
EBITDA Margin %	-3.34%	-2.86%	-4.24%	-7.09%	-3.7%	-10.96%	-215.07%	-35.18%	-36.11%	-29.43%
EBITDA Growth %	-0.34%	-0.24%	-0.34%	-0.66%	0.47%	-2.81%	-20.09%	0.79%	-0.15%	0.55%
D&A (Non-Cash Add-back)	11.84K	10.82K	131	129	65	65	0	405K	985K	1.42M
EBIT	-735K	-1.38M	-1.08M	-2.05M	-1.05M	-3.85M	-76.14M	-15.86M	-18.46M	-8.29M
Net Interest Income+	0	-791K	-467K	-465K	-288.78K	-342.32K	-3.11M	-417K	-52K	-646K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	594.45K	790.61K	466.85K	464.62K	288.78K	342.32K	3.11M	417K	52K	646K
Other Income/Expense	-667K	-1.35M	-467K	-465K	-394.78K	-578K	-1.93M	-47K	673K	614K
Pretax Income+	-1.33M	-2.17M	-1.55M	-2.51M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Pretax Margin %	-6.84%	-7.7%	-6.07%	-9.89%	-5.24%	-12.71%	-223.86%	-36.18%	-36.73%	-32.37%
Income Tax+	1.07K	0	0	329.36K	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	0.85%	1%	1%	1%	1%	1%	1%
Net Income+	-1.33M	-2.17M	-1.55M	-2.13M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Net Margin %	-6.84%	-7.7%	-6.07%	-8.39%	-5.24%	-12.71%	-223.86%	-36.18%	-36.73%	-32.37%
Net Income Growth %	-0.4%	-0.63%	0.29%	-0.37%	0.37%	-2.12%	-17.93%	0.79%	-0.14%	0.52%
Net Income (Continuing)	-1.33M	-2.17M	-1.55M	-2.51M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.02	-0.30	-0.19	-0.28	-0.17	-0.45	-6.97	-1.00	-1.01	-0.35
EPS Growth %	0.86%	-12.82%	0.37%	-0.47%	0.39%	-1.65%	-14.49%	0.86%	-0.01%	0.65%
EPS (Basic)	-0.02	-0.30	-0.19	-0.28	-0.17	-0.45	-6.97	-1.00	-1.01	-0.35
Diluted Shares Outstanding	61.46M	7.15M	8.27M	9.19M	8.89M	9.11M	11.37M	16.25M	19.1M	25.31M
Basic Shares Outstanding	61.46M	7.15M	8.27M	9.19M	8.89M	9.11M	11.37M	16.25M	18.35M	25.31M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	40.81K	26.49K	52.49K	25.19K	84.94K	104.83K	622.65K	4.42M	1.52M	2.42M
Cash & Short-Term Investments	20.32K	885	26.29K	1.38K	24.16K	57.5K	8.03K	3.46M	1.28M	868K
Cash Only	20.32K	885	26.29K	1.38K	24.16K	57.5K	8.03K	3.46M	1.28M	868K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	20.49K	25.6K	26.2K	23.8K	29.84K	40.63K	40.34K	51K	30K	43K
Days Sales Outstanding	38.45	33.14	37.49	34.23	42.52	45.01	41.6	41.37	21.73	56.87
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	25K	0	0	0	0	0
Total Non-Current Assets+	346.66K	325	1.9M	6.01K	0	274.86K	6.93M	8.09M	6.84M	6.57M
Property, Plant & Equipment	46.66K	325	194	65	0	249.82K	188.64K	127K	66K	86K
Fixed Asset Turnover	4.17x	867.82x	1314.96x	3904.38x	-	1.32x	1.88x	3.54x	7.64x	3.21x
Goodwill	0	0	0	0	0	0	0	0	1.16M	1.16M
Intangible Assets	0	0	1.9M	0	0	0	3.44M	5.23M	4.43M	5.23M
Long-Term Investments	300K	0	0	0	0	0	25.5K	26K	26K	0
Other Non-Current Assets	0	0	0	5.95K	0	25.04K	3.28M	2.71M	1.16M	86K
Total Assets+	387.47K	26.81K	1.95M	31.2K	84.94K	379.69K	7.56M	12.52M	8.35M	8.99M
Asset Turnover	0.50x	10.52x	0.13x	8.13x	3.02x	0.87x	0.05x	0.04x	0.06x	0.03x
Asset Growth %	-0.52%	-0.93%	71.82%	-0.98%	1.72%	3.47%	18.9%	0.66%	-0.33%	0.08%
Total Current Liabilities+	4.51M	5.54M	6.19M	7.08M	7.37M	8.21M	7.28M	4.93M	4.08M	3.44M
Accounts Payable	689.24K	1.07M	1.2M	1.56M	1.71M	1.64M	1.25M	347K	1.8M	1.85M
Days Payables Outstanding	2.26K	2.23K	1.1K	5.24K	6.13K	4.25K	3.05K	575.7	3.51K	13.01K
Short-Term Debt	1.98M	2.55M	2.86M	2.89M	2.9M	2.86M	1.86M	1.85M	1K	68K
Deferred Revenue (Current)	0	1000K	1000K	0	0	0	0	0	244K	0
Other Current Liabilities	1.84M	430K	430K	105.9K	430K	688.97K	3.87M	2.42M	1.77M	1.2M
Current Ratio	0.01x	0.00x	0.01x	0.00x	0.01x	0.01x	0.09x	0.90x	0.37x	0.70x
Quick Ratio	0.01x	0.00x	0.01x	0.00x	0.01x	0.01x	0.09x	0.90x	0.37x	0.70x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	3.62M	4.05M	0	160K	366.89K	230.5K	166K	79K	79K
Long-Term Debt	0	0	0	0	0	67.4K	67.4K	67K	65K	61K
Capital Lease Obligations	0	0	0	0	0	224.49K	163.1K	99K	14K	18K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	160K	75K	0	0	0	0
Total Liabilities	4.51M	5.54M	6.19M	7.08M	7.53M	8.57M	7.51M	5.09M	4.16M	3.52M
Total Debt+	1.98M	2.55M	2.86M	2.89M	2.9M	3.2M	2.09M	2.02M	158K	147K
Net Debt	1.96M	2.55M	2.83M	2.89M	2.87M	3.15M	2.09M	-1.45M	-1.12M	-721K
Debt / Equity	-	-	-	-	-	-	47.57x	0.27x	0.04x	0.03x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-1.11x	-1.03x	-2.32x	-3.87x	-3.28x	-10.55x	-24.85x	-38.93x	-368.94x	-14.78x
Total Equity+	-4.13M	-5.52M	-4.24M	-7.05M	-7.45M	-8.19M	44K	7.42M	4.19M	5.47M
Equity Growth %	-0.69%	-0.34%	0.23%	-0.66%	-0.06%	-0.1%	1.01%	167.72%	-0.44%	0.3%
Book Value per Share	-0.07	-0.77	-0.51	-0.77	-0.84	-0.90	0.00	0.46	0.22	0.22
Total Shareholders' Equity	-4.13M	-5.52M	-4.24M	-7.05M	-7.45M	-8.19M	44K	7.42M	4.19M	5.47M
Common Stock	62.98K	73.66K	86.32K	86.8K	84.15K	9.32K	11.95K	17K	22K	33K
Retained Earnings	-30.97M	-33.14M	-34.69M	-39.42M	-40.76M	-44.95M	-124.19M	-140.47M	-159.75M	-168.7M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-373.64K	-736.15K	-80.91K	279.7K	-760.54K	-591.39K	-1.82M	-8.2M	-8.86M	-7.46M
Operating CF Margin %	-1.92%	-2.61%	-0.32%	1.1%	-2.97%	-1.79%	-5.15%	-18.22%	-17.58%	-27.02%
Operating CF Growth %	-1.17%	-0.97%	0.89%	4.46%	-3.72%	0.22%	-2.09%	-3.49%	-0.08%	0.16%
Net Income	-1.33M	-2.17M	-1.55M	-2.13M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Depreciation & Amortization	11.84K	10.82K	131	129	65	0	0	405K	985K	1.42M
Stock-Based Compensation	0	357.24K	867.86K	1.55M	0	111.22K	5.32M	7.71M	3.48M	1.39M
Deferred Taxes	0	0	7.5K	0	0	0	0	0	0	0
Other Non-Cash Items	419.75K	614.17K	248.4K	58.8K	123.61K	3.18M	71.92M	645K	5.84M	-640K
Working Capital Changes	409.39K	454.43K	344.7K	802.25K	458.99K	302.29K	179.99K	-674K	-653K	-699K
Change in Receivables	-3.82K	-5.11K	-596	-2	-6.03K	-10.8K	291	-11K	21K	-12K
Change in Inventory	0	0	0	0	0	0	-757.56K	0	0	0
Change in Payables	143.7K	235.87K	127.64K	518.81K	310.47K	-4.89K	928.24K	-909K	540K	1.15M
Cash from Investing+	-317.04K	0	-350K	-440.95K	-25K	5.91K	-1.18M	-1.79M	-500K	-1.16M
Capital Expenditures	-17.04K	0	-350K	-435K	0	0	-1.18M	-1.79M	0	-1.08M
CapEx % of Revenue	0.09%	-	1.37%	1.71%	-	-	3.32%	3.98%	-	3.92%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	-5.95K	-25K	5.91K	-8K	-2K	0	-78K
Cash from Financing+	671.26K	716.71K	456.31K	136.35K	808.32K	618.81K	2.96M	13.44M	7.18M	8.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	-5K	0	132.8K	736.25K	329.61K	1.13K	20K	33K	1.01M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-390.68K	-736.15K	-430.91K	-155.3K	-760.54K	-591.39K	-3M	-9.99M	-8.86M	-8.54M
FCF Margin %	-2.01%	-2.61%	-1.69%	-0.61%	-2.97%	-1.79%	-8.48%	-22.2%	-17.58%	-30.93%
FCF Growth %	-1.18%	-0.88%	0.41%	0.64%	-3.9%	0.22%	-4.08%	-2.33%	0.11%	0.04%
FCF per Share	-0.01	-0.10	-0.05	-0.02	-0.09	-0.06	-0.26	-0.61	-0.46	-0.34
FCF Conversion (FCF/Net Income)	0.28x	0.34x	0.05x	-0.13x	0.57x	0.14x	0.02x	0.50x	0.48x	0.83x
Interest Paid	0	0	0	0	5.8K	0	0	0	1.23M	67K
Taxes Paid	0	0	0	0	7.06K	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	-	-	-180089.99%	-436.02%	-318.68%	-184.93%
Return on Invested Capital (ROIC)	-	-	-	-	-	-	-	-300.4%	-318.05%	-183.2%
Gross Margin	42.73%	37.99%	-56.06%	57.29%	60.32%	57.4%	57.63%	51.11%	62.9%	81.16%
Net Margin	-684.31%	-770.46%	-607.21%	-838.9%	-524.41%	-1270.71%	-22385.59%	-3618%	-3673.02%	-3236.59%
Debt / Equity	-	-	-	-	-	-	47.57x	0.27x	0.04x	0.03x
Interest Coverage	-1.11x	-1.03x	-2.32x	-3.87x	-3.28x	-10.55x	-24.85x	-38.93x	-368.94x	-14.78x
FCF Conversion	0.28x	0.34x	0.05x	-0.13x	0.57x	0.14x	0.02x	0.50x	0.48x	0.83x
Revenue Growth	-77.58%	45.01%	-9.55%	-0.52%	0.93%	28.64%	7.44%	27.12%	12%	-45.24%

Frequently Asked Questions

Growth & Financials

AppTech Payments Corp. (APCX) reported $0.8M in revenue for fiscal year 2024. This represents a 29% increase from $0.6M in 2006.

AppTech Payments Corp. (APCX) saw revenue decline by 45.2% over the past year.

AppTech Payments Corp. (APCX) reported a net loss of $7.2M for fiscal year 2024.

Dividend & Returns

AppTech Payments Corp. (APCX) has a return on equity (ROE) of -184.9%. Negative ROE indicates the company is unprofitable.

AppTech Payments Corp. (APCX) had negative free cash flow of $6.8M in fiscal year 2024, likely due to heavy capital investments.

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AppTech Payments Corp. (APCX) 10-Year Financial Performance & Capital Metrics

APCX • • Industrial / General

TechnologyInfrastructure SoftwarePayment Processing & Digital CommerceEnterprise Payment Processors

Revenue $276K -45.2%
EBITDA -$8M +55.4%
Net Income -$9M +51.7%
EPS (Diluted) -0.35 +65.3%
Gross Margin 81.16% +29.0%
EBITDA Margin -2943.48% +18.5%
Operating Margin -3459.06% +9.1%
Net Margin -3236.59% +11.9%
ROE -184.93% +42.0%
ROIC -183.2% +42.4%
Debt/Equity 0.03 -28.6%
Interest Coverage -14.78 +96.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Negative free cash flow
✗Shares diluted 32.5% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-10.82%

5Y1.5%

3Y-7.96%

TTM115.62%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM36.85%

EPS CAGR

10Y-

5Y-

3Y-

TTM54.28%

ROCE

10Y Avg-7274.53%

5Y Avg-7274.53%

3Y Avg-310.25%

Latest-194.46%

Peer Comparison

Enterprise Payment Processors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TOSTToast, Inc.	17.39B	33.76	1048.45	28.33%	4.66%	13.56%	1.76%	0.02
DLODLocal Limited	2.42B	14.59	37.41	14.7%	17.8%	33.87%		0.11
IIIVi3 Verticals, Inc.	615.36M	25.67	36.67	-7.29%	55.87%	25.96%	0.93%	0.01
ACIWACI Worldwide, Inc.	4.48B	43.49	22.77	9.76%	15.07%	17.64%	7.66%	0.67
FOURShift4 Payments, Inc.	4.45B	65.91	21.75	29.86%	5.02%	8.73%	6.97%	2.83
WEXWEX Inc.	5.51B	160.57	21.41	3.15%	10.81%	25.38%	6.07%	2.99
EVTCEVERTEC, Inc.	1.93B	30.12	17.41	21.7%	16.17%	20.63%	8.91%	1.86
XYZBlock, Inc.	35.55B	64.92	14.27	10.06%	13.08%	13.95%	4.37%	0.37

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	194.5K	282.04K	255.1K	253.78K	256.14K	329.5K	354K	450K	504K	276K
Revenue Growth %	-0.78%	0.45%	-0.1%	-0.01%	0.01%	0.29%	0.07%	0.27%	0.12%	-0.45%
Cost of Goods Sold+	111.39K	174.88K	398.5K	108.39K	101.64K	140.37K	150K	220K	187K	52K
COGS % of Revenue	0.57%	0.62%	1.56%	0.43%	0.4%	0.43%	0.42%	0.49%	0.37%	0.19%
Gross Profit+	83.11K	107.16K	-143K	145.4K	154.5K	189.13K	204K	230K	317K	224K
Gross Margin %	0.43%	0.38%	-0.56%	0.57%	0.6%	0.57%	0.58%	0.51%	0.63%	0.81%
Gross Profit Growth %	-0.46%	0.29%	-2.33%	2.02%	0.06%	0.22%	0.08%	0.13%	0.38%	-0.29%
Operating Expenses+	745.54K	930.97K	939.25K	1.9M	1.1M	3.8M	77.52M	16.46M	19.5M	9.77M
OpEx % of Revenue	3.83%	3.3%	3.68%	7.48%	4.31%	11.53%	218.99%	36.59%	38.69%	35.4%
Selling, General & Admin	745.54K	930.97K	939.25K	1.91M	1.02M	3.75M	8.4M	8M	9.87M	7.79M
SG&A % of Revenue	3.83%	3.3%	3.68%	7.53%	3.99%	11.38%	23.73%	17.78%	19.59%	28.24%
Research & Development	0	0	0	279.69K	82.06K	49.25K	169K	7.56M	3.5M	1.98M
R&D % of Revenue	-	-	-	1.1%	0.32%	0.15%	0.48%	16.79%	6.94%	7.16%
Other Operating Expenses	0	0	0	0	0	1.03K	68.96M	904K	6.13M	0
Operating Income+	-662K	-818K	-1.08M	-1.8M	-948.43K	-3.61M	-77.32M	-16.23M	-19.18M	-9.55M
Operating Margin %	-3.4%	-2.9%	-4.25%	-7.09%	-3.7%	-10.96%	-218.42%	-36.08%	-38.07%	-34.59%
Operating Income Growth %	-0.31%	-0.24%	-0.32%	-0.66%	0.47%	-2.81%	-20.42%	0.79%	-0.18%	0.5%
EBITDA+	-650.16K	-807.17K	-1.08M	-1.8M	-948.36K	-3.61M	-76.14M	-15.83M	-18.2M	-8.12M
EBITDA Margin %	-3.34%	-2.86%	-4.24%	-7.09%	-3.7%	-10.96%	-215.07%	-35.18%	-36.11%	-29.43%
EBITDA Growth %	-0.34%	-0.24%	-0.34%	-0.66%	0.47%	-2.81%	-20.09%	0.79%	-0.15%	0.55%
D&A (Non-Cash Add-back)	11.84K	10.82K	131	129	65	65	0	405K	985K	1.42M
EBIT	-735K	-1.38M	-1.08M	-2.05M	-1.05M	-3.85M	-76.14M	-15.86M	-18.46M	-8.29M
Net Interest Income+	0	-791K	-467K	-465K	-288.78K	-342.32K	-3.11M	-417K	-52K	-646K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	594.45K	790.61K	466.85K	464.62K	288.78K	342.32K	3.11M	417K	52K	646K
Other Income/Expense	-667K	-1.35M	-467K	-465K	-394.78K	-578K	-1.93M	-47K	673K	614K
Pretax Income+	-1.33M	-2.17M	-1.55M	-2.51M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Pretax Margin %	-6.84%	-7.7%	-6.07%	-9.89%	-5.24%	-12.71%	-223.86%	-36.18%	-36.73%	-32.37%
Income Tax+	1.07K	0	0	329.36K	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	0.85%	1%	1%	1%	1%	1%	1%
Net Income+	-1.33M	-2.17M	-1.55M	-2.13M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Net Margin %	-6.84%	-7.7%	-6.07%	-8.39%	-5.24%	-12.71%	-223.86%	-36.18%	-36.73%	-32.37%
Net Income Growth %	-0.4%	-0.63%	0.29%	-0.37%	0.37%	-2.12%	-17.93%	0.79%	-0.14%	0.52%
Net Income (Continuing)	-1.33M	-2.17M	-1.55M	-2.51M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.02	-0.30	-0.19	-0.28	-0.17	-0.45	-6.97	-1.00	-1.01	-0.35
EPS Growth %	0.86%	-12.82%	0.37%	-0.47%	0.39%	-1.65%	-14.49%	0.86%	-0.01%	0.65%
EPS (Basic)	-0.02	-0.30	-0.19	-0.28	-0.17	-0.45	-6.97	-1.00	-1.01	-0.35
Diluted Shares Outstanding	61.46M	7.15M	8.27M	9.19M	8.89M	9.11M	11.37M	16.25M	19.1M	25.31M
Basic Shares Outstanding	61.46M	7.15M	8.27M	9.19M	8.89M	9.11M	11.37M	16.25M	18.35M	25.31M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	40.81K	26.49K	52.49K	25.19K	84.94K	104.83K	622.65K	4.42M	1.52M	2.42M
Cash & Short-Term Investments	20.32K	885	26.29K	1.38K	24.16K	57.5K	8.03K	3.46M	1.28M	868K
Cash Only	20.32K	885	26.29K	1.38K	24.16K	57.5K	8.03K	3.46M	1.28M	868K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	20.49K	25.6K	26.2K	23.8K	29.84K	40.63K	40.34K	51K	30K	43K
Days Sales Outstanding	38.45	33.14	37.49	34.23	42.52	45.01	41.6	41.37	21.73	56.87
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	25K	0	0	0	0	0
Total Non-Current Assets+	346.66K	325	1.9M	6.01K	0	274.86K	6.93M	8.09M	6.84M	6.57M
Property, Plant & Equipment	46.66K	325	194	65	0	249.82K	188.64K	127K	66K	86K
Fixed Asset Turnover	4.17x	867.82x	1314.96x	3904.38x	-	1.32x	1.88x	3.54x	7.64x	3.21x
Goodwill	0	0	0	0	0	0	0	0	1.16M	1.16M
Intangible Assets	0	0	1.9M	0	0	0	3.44M	5.23M	4.43M	5.23M
Long-Term Investments	300K	0	0	0	0	0	25.5K	26K	26K	0
Other Non-Current Assets	0	0	0	5.95K	0	25.04K	3.28M	2.71M	1.16M	86K
Total Assets+	387.47K	26.81K	1.95M	31.2K	84.94K	379.69K	7.56M	12.52M	8.35M	8.99M
Asset Turnover	0.50x	10.52x	0.13x	8.13x	3.02x	0.87x	0.05x	0.04x	0.06x	0.03x
Asset Growth %	-0.52%	-0.93%	71.82%	-0.98%	1.72%	3.47%	18.9%	0.66%	-0.33%	0.08%
Total Current Liabilities+	4.51M	5.54M	6.19M	7.08M	7.37M	8.21M	7.28M	4.93M	4.08M	3.44M
Accounts Payable	689.24K	1.07M	1.2M	1.56M	1.71M	1.64M	1.25M	347K	1.8M	1.85M
Days Payables Outstanding	2.26K	2.23K	1.1K	5.24K	6.13K	4.25K	3.05K	575.7	3.51K	13.01K
Short-Term Debt	1.98M	2.55M	2.86M	2.89M	2.9M	2.86M	1.86M	1.85M	1K	68K
Deferred Revenue (Current)	0	1000K	1000K	0	0	0	0	0	244K	0
Other Current Liabilities	1.84M	430K	430K	105.9K	430K	688.97K	3.87M	2.42M	1.77M	1.2M
Current Ratio	0.01x	0.00x	0.01x	0.00x	0.01x	0.01x	0.09x	0.90x	0.37x	0.70x
Quick Ratio	0.01x	0.00x	0.01x	0.00x	0.01x	0.01x	0.09x	0.90x	0.37x	0.70x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	3.62M	4.05M	0	160K	366.89K	230.5K	166K	79K	79K
Long-Term Debt	0	0	0	0	0	67.4K	67.4K	67K	65K	61K
Capital Lease Obligations	0	0	0	0	0	224.49K	163.1K	99K	14K	18K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	160K	75K	0	0	0	0
Total Liabilities	4.51M	5.54M	6.19M	7.08M	7.53M	8.57M	7.51M	5.09M	4.16M	3.52M
Total Debt+	1.98M	2.55M	2.86M	2.89M	2.9M	3.2M	2.09M	2.02M	158K	147K
Net Debt	1.96M	2.55M	2.83M	2.89M	2.87M	3.15M	2.09M	-1.45M	-1.12M	-721K
Debt / Equity	-	-	-	-	-	-	47.57x	0.27x	0.04x	0.03x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-1.11x	-1.03x	-2.32x	-3.87x	-3.28x	-10.55x	-24.85x	-38.93x	-368.94x	-14.78x
Total Equity+	-4.13M	-5.52M	-4.24M	-7.05M	-7.45M	-8.19M	44K	7.42M	4.19M	5.47M
Equity Growth %	-0.69%	-0.34%	0.23%	-0.66%	-0.06%	-0.1%	1.01%	167.72%	-0.44%	0.3%
Book Value per Share	-0.07	-0.77	-0.51	-0.77	-0.84	-0.90	0.00	0.46	0.22	0.22
Total Shareholders' Equity	-4.13M	-5.52M	-4.24M	-7.05M	-7.45M	-8.19M	44K	7.42M	4.19M	5.47M
Common Stock	62.98K	73.66K	86.32K	86.8K	84.15K	9.32K	11.95K	17K	22K	33K
Retained Earnings	-30.97M	-33.14M	-34.69M	-39.42M	-40.76M	-44.95M	-124.19M	-140.47M	-159.75M	-168.7M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-373.64K	-736.15K	-80.91K	279.7K	-760.54K	-591.39K	-1.82M	-8.2M	-8.86M	-7.46M
Operating CF Margin %	-1.92%	-2.61%	-0.32%	1.1%	-2.97%	-1.79%	-5.15%	-18.22%	-17.58%	-27.02%
Operating CF Growth %	-1.17%	-0.97%	0.89%	4.46%	-3.72%	0.22%	-2.09%	-3.49%	-0.08%	0.16%
Net Income	-1.33M	-2.17M	-1.55M	-2.13M	-1.34M	-4.19M	-79.25M	-16.28M	-18.51M	-8.93M
Depreciation & Amortization	11.84K	10.82K	131	129	65	0	0	405K	985K	1.42M
Stock-Based Compensation	0	357.24K	867.86K	1.55M	0	111.22K	5.32M	7.71M	3.48M	1.39M
Deferred Taxes	0	0	7.5K	0	0	0	0	0	0	0
Other Non-Cash Items	419.75K	614.17K	248.4K	58.8K	123.61K	3.18M	71.92M	645K	5.84M	-640K
Working Capital Changes	409.39K	454.43K	344.7K	802.25K	458.99K	302.29K	179.99K	-674K	-653K	-699K
Change in Receivables	-3.82K	-5.11K	-596	-2	-6.03K	-10.8K	291	-11K	21K	-12K
Change in Inventory	0	0	0	0	0	0	-757.56K	0	0	0
Change in Payables	143.7K	235.87K	127.64K	518.81K	310.47K	-4.89K	928.24K	-909K	540K	1.15M
Cash from Investing+	-317.04K	0	-350K	-440.95K	-25K	5.91K	-1.18M	-1.79M	-500K	-1.16M
Capital Expenditures	-17.04K	0	-350K	-435K	0	0	-1.18M	-1.79M	0	-1.08M
CapEx % of Revenue	0.09%	-	1.37%	1.71%	-	-	3.32%	3.98%	-	3.92%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	-5.95K	-25K	5.91K	-8K	-2K	0	-78K
Cash from Financing+	671.26K	716.71K	456.31K	136.35K	808.32K	618.81K	2.96M	13.44M	7.18M	8.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	-5K	0	132.8K	736.25K	329.61K	1.13K	20K	33K	1.01M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-390.68K	-736.15K	-430.91K	-155.3K	-760.54K	-591.39K	-3M	-9.99M	-8.86M	-8.54M
FCF Margin %	-2.01%	-2.61%	-1.69%	-0.61%	-2.97%	-1.79%	-8.48%	-22.2%	-17.58%	-30.93%
FCF Growth %	-1.18%	-0.88%	0.41%	0.64%	-3.9%	0.22%	-4.08%	-2.33%	0.11%	0.04%
FCF per Share	-0.01	-0.10	-0.05	-0.02	-0.09	-0.06	-0.26	-0.61	-0.46	-0.34
FCF Conversion (FCF/Net Income)	0.28x	0.34x	0.05x	-0.13x	0.57x	0.14x	0.02x	0.50x	0.48x	0.83x
Interest Paid	0	0	0	0	5.8K	0	0	0	1.23M	67K
Taxes Paid	0	0	0	0	7.06K	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	-	-	-180089.99%	-436.02%	-318.68%	-184.93%
Return on Invested Capital (ROIC)	-	-	-	-	-	-	-	-300.4%	-318.05%	-183.2%
Gross Margin	42.73%	37.99%	-56.06%	57.29%	60.32%	57.4%	57.63%	51.11%	62.9%	81.16%
Net Margin	-684.31%	-770.46%	-607.21%	-838.9%	-524.41%	-1270.71%	-22385.59%	-3618%	-3673.02%	-3236.59%
Debt / Equity	-	-	-	-	-	-	47.57x	0.27x	0.04x	0.03x
Interest Coverage	-1.11x	-1.03x	-2.32x	-3.87x	-3.28x	-10.55x	-24.85x	-38.93x	-368.94x	-14.78x
FCF Conversion	0.28x	0.34x	0.05x	-0.13x	0.57x	0.14x	0.02x	0.50x	0.48x	0.83x
Revenue Growth	-77.58%	45.01%	-9.55%	-0.52%	0.93%	28.64%	7.44%	27.12%	12%	-45.24%

Frequently Asked Questions

Growth & Financials

AppTech Payments Corp. (APCX) reported $0.8M in revenue for fiscal year 2024. This represents a 29% increase from $0.6M in 2006.

AppTech Payments Corp. (APCX) saw revenue decline by 45.2% over the past year.

AppTech Payments Corp. (APCX) reported a net loss of $7.2M for fiscal year 2024.

Dividend & Returns

AppTech Payments Corp. (APCX) has a return on equity (ROE) of -184.9%. Negative ROE indicates the company is unprofitable.

AppTech Payments Corp. (APCX) had negative free cash flow of $6.8M in fiscal year 2024, likely due to heavy capital investments.