# FDCTECH, INC. (FDCT) · Edgar & Edgarette company card

> Fdctech (FDCT) grew revenue 29.7% in FY2025 to $35 million, operating margin 17.4% against a 0.9% median for prepackaged software, equity 35.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1722731 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/FDCT) · [JSON](https://www.pops4.com/boards/company/FDCT.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $35M |
| Revenue growth, 1 year | 29.7% |
| Revenue growth per year | 195.6% |
| Operating margin | 17.4% (prior year -2.4%) |
| Net margin | 16.7% |
| Operating cash flow | −$41M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $18M |
| Long-term debt | — |
| Total assets | $64M |
| Total equity | $23M |
| Equity ÷ assets | 35.4% |
| Return on equity | 25.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.21 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: 5.41 (above the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · filed late annual report notice, earlier statements no longer to be relied on, late quarterly report notice in the last 12 months; operating cash flow was negative; revenue is hard to predict: its 80% range is ±75%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $35.0M (FY2025). Experience: revenue up 29.7% on the year, up 195.6% a year over 4 years; operating margin 17.4%, up from -2.4%. Soundness: equity 35.4% of assets, return on equity 25.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $20.0M and $138.9M next year (method v4.1: its own 5-year record of growth weighed at 57% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $17.5M to $159.3M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin 17.4% against a 0.9% median; growth 29.7% against 13.0%.

Range logged 2026-09-24, receipt 37eb4c4e6f323a39, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-03-30 ([filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226013558/0001493152-26-013558-index.htm))
- Item 4.02 Earlier statements no longer to be relied on: 2, latest 2026-06-23 ([filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226029812/0001493152-26-029812-index.htm))
- Item NT 10-Q Late quarterly report notice: 1, latest 2026-08-17 ([filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226038577/0001493152-26-038577-index.htm))
- Item 5.02 Director or officer change: 1, latest 2026-09-22 ([filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226043666/0001493152-26-043666-index.htm))

## Recent filings

- 8-K · filed 2026-10-14 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226046961/0001493152-26-046961-index.htm)
- 8-K · filed 2026-09-22 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226043666/0001493152-26-043666-index.htm)
- S-1 · filed 2026-09-15 · [filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226042707/0001493152-26-042707-index.htm)
- 8-K · filed 2026-09-10 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226042090/0001493152-26-042090-index.htm)
- 8-K · filed 2026-08-26 · 3.02 Unregistered Sales of Equity Securities; 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226040184/0001493152-26-040184-index.htm)
- 10-Q · filed 2026-08-17 · [filing](https://www.sec.gov/Archives/edgar/data/1722731/000149315226038590/0001493152-26-038590-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001722731.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1722731

## Cite

POPS4, Edgar & Edgarette: FDCTECH, INC. (FDCT) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/FDCT. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.