Investment Thesis
AppTech Payments Corp. is in severe financial distress with collapsing revenues (-45.2% YoY), massive operating losses (-$6.1M on $735K revenue), and critical liquidity crisis (0.12x current ratio). The company is burning cash at unsustainable rates (-$3.8M operating cash flow) with minimal cash reserves ($439K) relative to liabilities ($4.8M), indicating imminent solvency risk without immediate capital infusion.
APCXW Strengths
- Gross margin of 54.4% suggests underlying product profitability potential
- Moderate debt-to-equity ratio of 0.41x indicates leverage is not the primary issue
- 6 Form 4 insider filings suggest some level of management engagement
APCXW Risks
- Revenue declining sharply (-45.2% YoY) with negative operating margin of -831%
- Severe liquidity crisis: current ratio of 0.12x with cash reserves of only $439K against $4.8M liabilities
- Unsustainable cash burn of -$3.8M operating cash flow with negative FCF margin of -521%
- Net margin of -847.9% indicates fundamental business model failure at current scale
- Long-term debt of $579K combined with minimal equity ($1.4M) leaves no margin for error
Key Metrics to Watch
- Monthly revenue trends and customer retention rates
- Cash runway and path to operating cash flow positivity
- Operating expense reduction initiatives and restructuring announcements
- Debt refinancing or capital raise announcements
- Quarterly gross margin sustainability
APCXW Financial Metrics
APCXW Profitability Ratios
APCXW Balance Sheet & Liquidity
APCXW 5-Year Financial Trend
5-Year Trend Summary: AppTech Payments Corp.'s revenue has grown significantly by 53% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.01 indicates the company is currently unprofitable.
APCXW Growth Metrics (YoY)
APCXW Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $43.0K | -$1.7M | $-0.05 |
| Q2 2025 | $76.0K | -$1.9M | $-0.06 |
| Q1 2025 | $105.0K | -$2.6M | $-0.08 |
| Q3 2024 | $43.0K | -$2.0M | $-0.08 |
| Q2 2024 | $76.0K | -$2.9M | $-0.12 |
| Q1 2024 | $89.0K | -$3.0M | $-0.13 |
| Q3 2023 | $115.0K | -$2.8M | $-0.15 |
| Q2 2023 | $123.0K | -$3.2M | $0.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
APCXW Capital Allocation
APCXW SEC Filings
Access official SEC EDGAR filings for AppTech Payments Corp. (CIK: 0001070050)