AppTech Payments Corp. reported first-quarter 2026 results with revenue rising to $1.46M from $217K a year earlier, while the company posted a net loss of ($3.31M) and diluted loss per share of ($0.08) for the quarter.

Financial Highlights

Metric	Current quarter	Prior year quarter	YoY change
Revenue¹	$1.46M	$217K	571.4%
Net income²	($3.31M)	($2.64M)	(25.3%)
Diluted EPS³	($0.08)	($0.08)	0%

¹ Reported as “Revenues”. ² Reported as “Net loss”. ³ Reported as “loss per common share”.

Business Highlights

Revenue growth was driven by lending activities, the InfinitusPay integration and increased ISO merchant processing.
The company is shifting channels toward fintech infrastructure with its Banking Platform, PaaS FinZeo, and embedded finance partnerships to expand B2B distribution.
Product momentum includes a fully operational Banking Platform with a partner bank and integrated cross-border, multi-currency and compliance features via InfinitusPay.
Management is improving bank alignment and onboarding efficiency, scaling cross-border capabilities, and prioritizing transaction and subscription revenue growth while reducing outsourced R&D and reallocating resources to cut expenses.

Original SEC Filing: AppTech Payments Corp. [ APCX ] - 10-Q - May. 15, 2026

Disclaimer

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

AppTech Payments Corp. 1Q 2026: Revenue $1.46M, Net income ($3.31M), EPS ($0.08) — 10-Q Summary