First Quarter Gross Revenue of $997K Generates Net Operating Income of $75,744
May 30 2019 - 8:24AM
Fintech Select Ltd. (“
Fintech Select” or the
“
Company”) (TSX-V: FTEC) is pleased to announce
its un-audited financial results for its first quarter ended March
31, 2019. The Company has made gross revenue of $997,686 with a net
operating income of $75,744 and a comprehensive income of $88,381
due to the increased revenue of its high margin business unit.
The first quarter 2019 Financial Statements and Management
Discussion & Analysis (“MD&A”) have been filed on
SEDAR.
Mohammad Abuleil, President and CEO of Fintech
Select, issued the following comment, "The record result for our
first quarter financial statements reflect our commitment to
strengthen our balance sheet, and continue to drive revenue growth
and profitable operations as we move forward.”
FOR FURTHER INFORMATION PLEASE CONTACT:
Mohammad Abuleil, President & CEO orShelley Alliet @ -
Investor@fintechselect.com 519-3518647
About Fintech Select Ltd.
Fintech Select is a provider of robust and
disruptive Pre-Paid Card programs and mobile banking solutions.
Fintech Select has enabled these core assets which operate through
separate divisions to work together harmoniously to create a new
and ubiquitous environment for consumers and businesses alike.
Fintech select also operates an international call centre that
provides fulfillment and customer service support to customers
across all three platforms mentioned. Our mission is to provide
customers with choice, convenience and cost-effective ways to
facilitate traditional and crypto financial transactions.
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on:https://www.facebook.com/FintechSelecthttps://twitter.com/fintech_select
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Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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