AppTech Payments Corp. Reports Substantial Growth in Q3 2025

Operating in a rapidly evolving financial services landscape, AppTech Payments Corp. is committed to staying ahead of technological innovations and regulatory changes, particularly concerning stablecoins and digital assets. The company’s flagship product, the FinZeo™ platform, integrates Payments-as-a-Service (PaaS) and Banking-as-a-Service (BaaS) to offer scalable solutions that meet the dynamic demands of the market.

In a notable operational shift, AppTech remedied its equity deficiency but encountered challenges with Nasdaq's minimum bid price requirement, leading to its delisting and transition to the OTCQB market. Despite this setback, management remains focused on enhancing shareholder value and aims for an uplisting to a national exchange within the fiscal year.

In a strategic move to expand its offerings, AppTech entered into a letter of intent on September 3, 2025, to acquire Infinitus Pay (IP) for a total consideration of up to $3 million, including shares and warrants. This acquisition, finalized on October 31, 2025, is expected to bolster AppTech’s product suite and enhance its competitive edge.

For the three months ended September 30, 2025, AppTech reported revenues of approximately $227 thousand, representing a remarkable increase of 428% from $43 thousand in the same period of 2024. Year-to-date revenues reached around $735 thousand, up from $224 thousand in 2024. This growth was primarily fueled by increased revenue from Independent Sales Organizations (ISOs) and lending activities.

The substantial increase in revenue was accompanied by a rise in the cost of revenue, reflecting the company’s expanding operations and partnerships. General and administrative expenses decreased by 33% for the nine months ended September 30, 2025, attributed to lower professional fees and salaries. However, research and development expenses surged, driven by investments in enhancing the FinZeo platform.

The income statement for Q3 2025 reveals a net income loss of $1.73 million, an improvement from the $2.04 million loss in Q3 2024. The operating income loss for 2025 was approximately $1.57 million, compared to $1.85 million in the prior year.

As of September 30, 2025, AppTech reported cash and cash equivalents totaling $439 thousand, a decline from $868 thousand at the end of the previous year. The company continues to experience recurring operating losses, raising concerns about its ability to sustain operations. Management is actively seeking additional funding options to stabilize its financial position, coupled with ongoing operational restructuring.

The cash flow statement for the nine months ended September 30, 2025, indicates that net cash used in operating activities was approximately $3.8 million, a decrease from $4.9 million in the same period of 2024. Notably, cash flow from financing activities provided $3.4 million, primarily from investments and convertible notes, showcasing the company’s efforts to secure funding amidst operational challenges.

As of Q3 2025, AppTech's total assets amounted to $6.24 million, with total liabilities at $4.83 million, resulting in total equity of $1.41 million. This reflects a slight decline in equity from $1.39 million in the previous year. The balance sheet indicates a diversification of assets, with significant investments in intangible assets related to the FinZeo platform.

AppTech Payments Corp. is navigating a complex financial landscape while demonstrating impressive growth in revenue and strategic positioning for future expansion. With the acquisition of Infinitus Pay and ongoing enhancements to its FinZeo platform, the company is poised to capitalize on the growing demand for modern financial services. As it works to stabilize its financial position and aims for uplisting, stakeholders will be watching closely how AppTech executes its strategic initiatives in the coming quarters.