APCX

MKT CAP:$17M

AppTech Payments Corp.

Market Cap

$17M

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$0.52+$0.18 (+56.06%)

Apr 21, 2026

Company Details

AppTech 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/o...

CEO

Thomas DeRosa

IPO Date

Jun 4, 2013

Website

www.apptechcorp.com

Key Metrics TTM

Revenue

$462.0K

-11.2% YoY

Net Income

-$8M

EPS (Diluted)

-$0.29

Free Cash Flow

-$7M

Revenue / Share

$0.01

Gross Margin

68.0%

Operating Margin

-1817.5%

Net Margin

-1678.8%

FCF Margin

-1535.9%

P/S

37.1x

P/E

—

Earnings Reports

Q3 2025

May 12, 2026

PENDING

FY 2025

Mar 31, 2026

$1M+405.4%EPS -$0.24

Q2 2025

Aug 14, 2025

$291.0K+282.9%EPS -$0.06

FY 2024

Mar 31, 2025

$276.0K-45.2%EPS -$0.35

Q4 2024

Mar 31, 2025

$52.0K-63.1%EPS -$0.03

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$88.1K	$51.5K	-$916.0K
Q1 21	$101.0K	$67.0K	-$66M
Q2 21	$151.0K	$115.2K	-$5M
Q4 21	$95.0K	$57.0K	-$5M
Q1 22	$104.0K	$53.0K	-$6M
Q2 22	$123.0K	$61.0K	-$4M
Q4 22	$108.0K	$55.0K	-$5M
Q1 23	$89.0K	$36.0K	-$4M
Q2 23	$134.0K	$72.0K	-$9M
Q3 23	$140.0K	$96.0K	-$3M
Q4 23	$141.0K	$28.0K	-$3M
Q1 24	$105.0K	-$253.0K	-$3M
Q2 24	$76.0K	$62.0K	-$3M
Q3 24	$43.0K	$19.0K	-$2M
Q4 24	$52.0K	$49.0K	-$2M
Q2 25	$291.0K	$184.0K	-$2M

Valuation

Quarter	P/S	P/E
Q4 20	30.8x	—
Q1 21	70.4x	—
Q2 21	35.7x	—
Q4 21	53.3x	—
Q1 22	44.6x	—
Q2 22	25.7x	—
Q4 22	96.7x	—
Q1 23	65.8x	—
Q2 23	82.4x	—
Q3 23	155.9x	—
Q4 23	76.0x	—
Q1 24	45.3x	—
Q2 24	54.4x	—
Q3 24	54.5x	—
Q4 24	77.2x	—
Q2 25	16.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 20	-$288.2K	-$288.2K
Q1 21	-$385.0K	-$1M
Q2 21	-$341.0K	-$721.0K
Q4 21	-$1M	-$1M
Q1 22	-$3M	-$3M
Q2 22	-$3M	-$3M
Q4 22	-$2M	-$2M
Q1 23	-$3M	-$3M
Q2 23	-$2M	-$2M
Q3 23	-$1M	-$1M
Q4 23	-$2M	-$2M
Q1 24	-$2M	-$2M
Q2 24	-$2M	-$2M
Q3 24	-$1M	-$1M
Q4 24	-$2M	-$3M
Q2 25	-$1M	-$1M

Capital Expenditures

Quarter	CapEx
Q4 20	$0
Q1 21	$960.0K
Q2 21	$380.0K
Q4 21	$0
Q1 22	$185.0K
Q2 22	$0
Q4 22	$41.0K
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$524.0K
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 20	+34.1%	+210.2%
Q1 21	+73.7%	+4431.5%
Q2 21	+94.0%	+1270.0%
Q4 21	-9.8%	+312.1%
Q1 22	+18.0%	+469.1%
Q2 22	+21.8%	-93.4%
Q4 22	-28.5%	-1.7%
Q1 23	-6.3%	-22.4%
Q2 23	+28.8%	+66.4%
Q3 23	+13.8%	-30.3%
Q4 23	+30.6%	-23.8%
Q1 24	+18.0%	-14.1%
Q2 24	-43.3%	-68.8%
Q3 24	-69.3%	-37.4%
Q4 24	-63.1%	-48.0%
Q2 25	+177.1%	-30.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 20	$0	0.0%
Q1 21	$2M	1810.9%
Q2 21	$3M	1977.2%
Q4 21	$630.0K	663.2%
Q1 22	$3M	2411.5%
Q2 22	$2M	1703.3%
Q4 22	$2M	1531.5%
Q1 23	$1M	1229.2%
Q2 23	$579.0K	432.1%
Q3 23	$1M	917.9%
Q4 23	$518.0K	367.4%
Q1 24	$487.0K	463.8%
Q2 24	$553.0K	727.6%
Q3 24	$312.0K	725.6%
Q4 24	$40.0K	76.9%
Q2 25	$33.0K	11.3%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q4 20	—	$967.5K	—	—
Q1 21	—	$2M	—	—
Q2 21	—	$4M	—	—
Q4 21	$169.0K	$7M	—	—
Q1 22	$2M	$3M	—	—
Q2 22	$3M	$1M	—	—
Q4 22	$2M	$5M	—	—
Q1 23	$2M	$2M	—	—
Q2 23	$498.0K	$3M	—	—
Q3 23	$751.0K	$2M	—	—
Q4 23	$724.0K	—	—	$3M
Q1 24	$644.0K	$2M	—	—
Q2 24	$633.0K	$2M	—	—
Q3 24	$2.0K	$2M	—	—
Q4 24	$699.0K	$1M	$347.0K	—
Q2 25	$910.0K	—	—	$1M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q4 20	34.1%	-1316.2%	-1282.1
Q1 21	73.7%	-65508.9%	-65435.2
Q2 21	94.0%	-306.6%	-212.6
Q4 21	-9.8%	0.0%	-9.8
Q1 22	18.0%	-5192.3%	-5174.3
Q2 22	21.8%	46.3%	68.1
Q4 22	-28.5%	-4072.9%	-4101.4
Q1 23	-6.3%	-3159.6%	-3165.9
Q2 23	28.8%	-2200.7%	-2171.9
Q3 23	13.8%	-1972.1%	-1958.3
Q4 23	30.6%	-2339.0%	-2308.5
Q1 24	18.0%	-2559.0%	-2541.1
Q2 24	-43.3%	-3347.4%	-3390.7
Q3 24	-69.3%	-3862.8%	-3932.1
Q4 24	-63.1%	53.8%	-9.3
Q2 25	177.1%	-527.1%	-350.0

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$10M	$0	$10M
Q2 22	$8M	$0	$8M
Q3 22	$6M	$0	$6M
Q4 22	$3M	$0	$3M
Q1 23	$2M	$0	$2M
Q2 23	$749.0K	$0	$749.0K
Q3 23	$251.0K	$0	$251.0K
Q4 23	$1M	$0	$1M
Q1 24	$2M	$0	$2M
Q2 24	$16.0K	$0	$16.0K
Q3 24	$104.0K	$0	$104.0K
Q4 24	$868.0K	$0	$868.0K
Q1 25	$417.0K	$0	$417.0K
Q2 25	$138.0K	$0	$138.0K
Q3 25	$439.0K	$0	$439.0K
Q4 25	$244.0K	$0	$244.0K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	9M	+1.5%	+4.7%
Q1 21	10M	+9.4%	+14.6%
Q2 21	12M	+15.9%	+29.3%
Q4 21	12M	+1.4%	+30.5%
Q1 22	15M	+29.6%	+66.6%
Q2 22	16M	+4.9%	+59.8%
Q4 22	17M	+2.8%	+41.8%
Q1 23	18M	+6.9%	+49.4%
Q2 23	18M	+3.5%	+19.3%
Q3 23	19M	+1.8%	+15.7%
Q4 23	21M	+12.8%	+27.0%
Q1 24	23M	+6.3%	+26.3%
Q2 24	25M	+9.9%	+34.1%
Q3 24	26M	+4.6%	+37.7%
Q4 24	33M	+28.5%	+57.0%
Q2 25	34M	+1.1%	+49.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	$29.4K	3
Q1 21	$33.7K	3
Q2 21	$50.3K	3
Q4 21	$5.3K	18
Q1 22	$5.8K	18
Q2 22	$6.8K	18
Q4 22	$4.7K	23
Q1 23	$3.9K	23
Q2 23	$5.8K	23
Q3 23	$6.1K	23
Q4 23	$7.8K	18
Q1 24	$5.8K	18
Q2 24	$4.2K	18
Q3 24	$2.4K	18
Q4 24	$5.8K	9
Q2 25	$32.3K	9

Revenue / Employee