Finotec Group, Inc. operates as a holding company, which offers online brokerage services to individuals, professionals, and institutional traders. It also develops, markets, and operates a software system that delivers foreign exchange, commodities, and futures investment services to the public. The company was founded on October 8, 1987 and is headquartered in New York, NY.
Company profile
Ticker
LVPA, LVPA, FTGID
Exchange
Website
CEO
David Lazar
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CONDOR WEST CORP, FINOTEC GROUP INC, ONLINE INTERNATIONAL CORP /NV/
SEC CIK
Corporate docs
IRS number
760251547
LVPA stock data
Latest filings (excl ownership)
UPLOAD
Letter from SEC
24 Jan 24
10-K/A
2023 FY
Annual report (amended)
29 Dec 23
CORRESP
Correspondence with SEC
29 Dec 23
UPLOAD
Letter from SEC
7 Dec 23
8-K
Affiliate Stock Purchase Agreement
6 Dec 23
10-Q
2024 Q3
Quarterly report
24 Nov 23
UPLOAD
Letter from SEC
13 Nov 23
UPLOAD
Letter from SEC
2 Oct 23
10-Q
2024 Q2
Quarterly report
17 Aug 23
10-Q
2024 Q1
Quarterly report
13 Jun 23
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | ||||||
Cash burn (monthly) | (no burn) | (no burn) | 3.72 k | 3.00 k | 3.82 k | 3.46 k |
Cash used (since last report) | n/a | n/a | 18.34 k | 14.81 k | 18.87 k | 17.05 k |
Cash remaining | n/a | n/a | -18.34 k | -14.81 k | -18.87 k | -17.05 k |
Runway (months of cash) | n/a | n/a | -4.9 | -4.9 | -4.9 | -4.9 |