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Trucept, Inc. DBA Afinida Reports Strong Q3 2024 Financial Results, Marking Sustained Growth and Profitability

Trucept, Inc. DBA Afinida Reports Strong Q3 2024 Financial Results, Marking Sustained Growth and Profitability

PUBLISHED: November 19, 2024
BY: Investors | Press Releases
Two people reviewing reports
Two people reviewing reports

Nov 19, 2024 | Investors, Press Releases

ESCONDIDO, Calif., November 19, 2024 /PRNewswire/ — Trucept, Inc. (OTC Pink: TREP) DBA Afinida, is pleased to announce its Q3 2024 financial results, showcasing robust growth across key metrics compared to the same period last year. The company’s continued focus on operational efficiency and client satisfaction has resulted in another profitable quarter, setting the stage for a strong close to the year.

Q3 2024 Financial Highlights:

  • $1,524,541 or 33% increase in Net Revenues for Q3 2024 vs. Q3 2023
  • $1,006,660 or 34% increase in Gross Profit for Q3 2024 vs. Q3 2023
  • $3,658,912 or 27% increase in Year-to-Date (YTD) Net Revenues compared to 2023
  • 6% increase in YTD Net Income compared to 2023

“We are proud to release the Q3 2024 financial results for Trucept, Inc. and to announce to our shareholders that we have achieved another profitable quarter,” em>said Brendan McMenamy, CFO. em> “The third quarter is always difficult, operationally speaking, considering year-end is looming in the distance – I am very pleased with our sustained growth, and our teams are pushing for a successful Q4 to close the year out strong!”

Trucept, Inc. continues to leverage its diverse portfolio of business solutions to drive growth and shareholder value, while its dedicated team ensures sustained excellence in service delivery and operational performance.

Stay informed with the latest updates from Trucept, Inc. Read our full report and explore more company news at https://trucept.com/investors/#reports

Trucept, Inc. (DBA Afinida) continues to innovate and adapt to meet the evolving needs of its clients while driving sustainable growth and delivering shareholder value. It’s portfolio of professional services includes:

  • Afinida Accounting – Financial Accounting Services
  • Afinida HR – Human Resources and Management
  • Afinida Insurance -Insurance Offerings and Third-party Administrator (TPA) services
  • Afinida Marketing – Full-Service Marketing Agency
  • Afinida Payroll – Full-Service Payroll
  • Afinida Risk Management – Safety and Risk Management

Media Contact:
Norman Tipton
CEO
Trucept, Inc. (DBA Afinida)
Phone: (858) 381-0737
Email: info@trucept.com
Website: Website: https://trucept.com

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About Afinida Inc.

Afinida, Inc. (OTC ID: TREP), helps organizations focus on growth. With a dedicated suite of powerful tools and services designed to keep owners in charge of running their businesses, Afinida manages the necessary administrative needs of its clients while streamlining operational processes and delivering a host of high-touch business solutions.

The company offers expert services in the form of payroll, human resources and people management, accounting support, safety and risk management, marketing, and business insurance services.

For more information, please visit www.afinida.com and follow us on LinkedIn, and Facebook.

Disclaimer

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations regarding these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.

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