MDCE / Infinite Auctions (OTC PINK: MDCE) Delivers 2,158% Revenue Growth from Q2 and 251% Asset Growth Over Last Year | PR Newswire [Video]

MESA, Ariz., Nov. 21, 2024 /PRNewswire/ — Medical Care Technologies Inc. / Infinite Auctions LLC. (OTC PINK: MDCE) is pleased to announce significant growth in key financial metrics for the third quarter of 2024. The Company has reported a remarkable increase in total assets, year-over-year, with substantial revenue growth from the previous quarter, and a strong transition to positive net operating income, showcasing a robust business strategy and a resurgence in business demand.

Key Highlights:

1. Year-over-Year Total Asset Growth:
   • Total assets for Q3 2024 reached $1,358,467, representing a 251% increase compared to $386,920 in Q3 2023. This substantial growth underscores the Company’s effective asset acquisition and management strategies, positioning it for long-term operational success.
2. Revenue Growth and Profitability:
   • Q3 2024 revenue totaled $249,011, an astounding 2,158% increase from the modest $11,035 achieved in Q2 2024.
   • This sequential improvement reflects a dynamic business rebound and heightened demand during the third quarter.
3. Net Operating Income …