CARLSBAD, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech” or the “Company”) (NASDAQ: APCX), a fintech company innovating payment solutions for businesses, today announced financial results for the second quarter ended June 30, 2025. For the three months ended June, the Company reported an operating loss of $1.9 million, or $0.06 per share, compared to an operating loss of $2.9 million, or $0.12 per share, for the same period in 2024. This year-over-year improvement reflects the C ...

Core Viewpoint - Yiren Digital Ltd. is set to release its unaudited financial results for Q2 2025 on August 21, 2025, before the U.S. market opens, indicating a focus on transparency and communication with investors [1]. Company Overview - Yiren Digital Ltd. operates as an AI-powered platform that provides a comprehensive suite of financial services in Asia, aiming to enhance customers' financial well-being and quality of life through digital financial services and tailored insurance solutions [2]. - The company supports clients at various growth stages, addressing financing needs related to consumption and production activities, with a goal to improve the overall well-being and financial security of individuals, families, and businesses [2]. Earnings Conference Call - An earnings conference call will be hosted by Yiren Digital's management at 8:00 a.m. U.S. Eastern Time on August 21, 2025, allowing stakeholders to engage directly with the company's leadership [1]. - Participants interested in joining the call must register online in advance to receive dial-in details, and a live and archived webcast will be available for broader access [2].

Core Viewpoint - Yiren Digital Ltd. is set to release its unaudited financial results for Q1 2025 on June 12, 2025, before the U.S. market opens [1] Group 1: Financial Results Announcement - Yiren Digital will announce its unaudited financial results for the first quarter ended March 31, 2025 [1] - The announcement is scheduled for June 12, 2025, before U.S. market opens [1] Group 2: Earnings Conference Call - An earnings conference call will be hosted by Yiren Digital's management at 8:00 a.m. U.S. Eastern Time on June 12, 2025 [2] - Participants must register online in advance to join the call [2] Group 3: Webcast Availability - A live and archived webcast of the conference call will be available for participants [3] Group 4: Company Overview - Yiren Digital is an AI-powered platform offering a comprehensive suite of financial and lifestyle services in Asia [3] - The company's mission is to enhance customers' financial well-being and quality of life through digital financial services and tailor-made insurance solutions [3]

Market Reactions - Markets are showing resilience to tariff news, indicating a shift in investor sentiment compared to previous months when volatility was high at the slightest hint of trade tensions [2][3] - The current market behavior suggests an expectation for a quicker resolution to tariff issues and trade wars, alongside a belief that inflation remains under control, which could lead to rate cuts by the Federal Reserve [4] Federal Reserve Insights - The Fed's preferred inflation gauge, the core PCE index, rose 2.5% annually in April, down from 2.7% in March, indicating tame inflation despite tariffs [5] - The Consumer Price Index (CPI) report for April showed a 2.3% increase in consumer prices year-over-year, below the expected 2.4%, marking the lowest annual increase since February 2021 [6] - Some Fed officials express skepticism about the transitory nature of inflation caused by tariffs, with ongoing debates about the impact on employment and price stability [7][8] Stock Performance - AppLovin (APP) is experiencing strong performance, surpassing earnings estimates for eight consecutive quarters, with a projected full-year EPS of $8.39, reflecting an 85.2% growth rate year-over-year [12][15] - Sea Limited (SE) is also outperforming, with analysts raising fiscal 2025 EPS estimates by 1.44%, projecting a total revenue of over $22.37 billion this year, a 32% increase from 2024 [17] Market Outlook - The decline in volatility surrounding tariffs and stable inflation trends suggest potential for further market gains, with expectations of two rate cuts by the Fed this year [19]

Core Insights - AppTech Payments Corp. announced that board member Albert L. Lord intends to purchase up to one million shares of the company's common stock in the open market, expressing disappointment in the current share price performance despite efforts to meet NASDAQ listing requirements [1] - Lord emphasized that the delisting does not affect the company's growth potential or the confidence in the original investment thesis, asserting that the current share price significantly undervalues the company [1] Company Overview - AppTech Payments Corp. provides digital financial services through a scalable cloud-based platform for financial institutions, corporations, small and midsized enterprises (SMEs), and consumers [2]

Core Points - AppTech Payments Corp. has been notified by Nasdaq of its delisting due to noncompliance with Nasdaq Listing Rule 5550(a)(2), leading to the suspension of trading of its common stock and warrants effective May 20, 2025 [1] - Following the delisting, the company's common stock and warrants will now trade on the OTC Markets' OTCQB market tier under the symbols APCX and APCXW, with no impact on the company's operations [2] - The CEO of AppTech Payments Corp. expressed disappointment over the delisting but remains confident in the company's growth strategy and revenue outlook [3] - Two key executives, Luke D'Angelo and Virgilio Llapitan, resigned from their positions on May 19, 2025, without any disagreements related to the company's operations [3][4] - AppTech Payments Corp. provides digital financial services through a scalable cloud-based platform for various clients, including financial institutions and SMEs [5]

Core Insights - AppTech Payments Corp. reported a first quarter 2025 operating loss of $2.6 million, an improvement from a $3.0 million loss in the same quarter of 2024 [1] - The cash basis loss for the first quarter of 2025 was $1.8 million, compared to $2.2 million in 2024, indicating a reduction in losses [1] Financial Performance - The company aims to enhance operating efficiency and has introduced new revenue sources to achieve breakeven and eventually profitable results [2] - CFO Felipe Corrado stated that the steps taken to improve the financial position are beginning to yield tangible results, with a focus on revenue expansion and cost efficiency [2] Company Overview - AppTech Payments Corp. provides digital financial services through a scalable cloud-based platform for financial institutions, corporations, SMEs, and consumers [2]

Company Overview - Yiren Digital is an AI-powered platform providing a comprehensive suite of financial and lifestyle services in Asia [3] - The company's mission is to enhance customers' financial well-being and quality of life through digital financial services, tailor-made insurance solutions, and premium lifestyle services [3] Event Announcement - Yiren Digital's SVP of Capital Market, William Hui, will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025 [1] - The conference is designed to introduce global companies with ADR programs to investors [1] Event Details - The event will take place on May 15th at 11:30 AM ET and will be a live, interactive online event [2] - Participation in the conference is free of charge [3] Virtual Investor Conferences - Virtual Investor Conferences (VIC) is a leading proprietary investor conference series that allows publicly traded companies to present directly to investors [4] - VIC provides a real-time investor engagement solution, enhancing companies' capabilities to connect with investors and schedule targeted one-on-one meetings [5]

Core Viewpoint - SoFi has experienced significant stock volatility, with a 200% increase over nine months, rising from $6 to $18, followed by a decline [1] Company Summary - SoFi is positioned as a comprehensive digital financial services provider aimed at helping members manage their finances effectively [1] - The company is characterized as a "divergent stock," indicating it has strong fundamentals and growth potential despite current price challenges [1] Investment Strategy - The investment strategy focuses on identifying innovative companies that contribute positively to society while also presenting investment opportunities due to their undervalued stock prices [1]

Financial Performance - AppTech Payments Corp. reported an operating loss of $2.1 million ($0.08 per share) in Q4 2024, an improvement from a $3.4 million loss in Q4 2023 ($0.18 per share) [1] - The total operating loss for the full year 2024 was $8.8 million ($0.35 per share), compared to $18.5 million ($1.01 per share) in 2023, indicating a significant reduction in losses [1] Organizational Changes - A new investor group committed $5 million to AppTech, leading to significant organizational changes, including the establishment of voting control of the Board of Directors and the replacement of key executives, including the CEO and CFO [2] - The new CFO, Felipe Corrado, expressed optimism about the organizational and operational improvements made in Q4, highlighting a bolstered capital position, reduced expenses, and a narrowed focus on potentially profitable customers [2] Company Overview - AppTech Payments Corp. provides digital financial services for financial institutions, corporations, small and midsized enterprises (SMEs), and consumers through a scalable cloud-based platform [3]