OverviewSuggest Edit

Since its SEC effective date on October 27, 2011 ACT has successfully launched its new phase II software platform, TurnScor and TurnScor Pro, going after both the retail and wholesale vertical markets. The Company is securing additional funding as it grows the operations and builds a brand name with TurnScor in the various markets around the country.


TypePublic
Founded2008
HQVenice, US
Websiteturnscor.com

Latest Updates

Employees (est.) (Dec 2018)3
Revenue (FY, 2019)$77.2 K(+642%)
Share Price (Dec 2019)$0.1 (-22%)
Cybersecurity ratingAMore

Advanced Credit Technologies Office Locations

Advanced Credit Technologies has an office in Venice
Venice, US (HQ)
871 Venetia Bay Blvd #220
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Advanced Credit Technologies Financials and Metrics

Advanced Credit Technologies Revenue

Advanced Credit Technologies's revenue was reported to be $77.19 k in FY, 2019
USD

Revenue (Q2, 2020)

8.0k

Net income (Q2, 2020)

(105.9k)

EBIT (Q2, 2020)

(108.9k)

Market capitalization (5-Oct-2018)

9.9m

Closing stock price (5-Oct-2018)

0.1

Cash (30-Jun-2020)

7.0k

EV

10.0m
Advanced Credit Technologies's current market capitalization is $9.9 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

24.1k42.1k11.6k6.2k10.4k77.2k

Sales and marketing expense

1.6k24.7k67.4k

General and administrative expense

4.3k2.6k825.03.1k2.5k3.5k5.0k18.6k

R&D expense

28.5k67.4k192.6k147.2k76.7k30.6k6.2k
Quarterly
USDQ1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

2.4k9.2k10.5k24.5k39.9k5.0k10.3k11.6k668.02.3k6.3k700.01.7k4.2k6.2k66.6k22.8k8.1k8.0k

Sales and marketing expense

2.4k

General and administrative expense

982.03.6k1.4k1.2k1.9k400.0825.0825.0760.01.7k1.9k2.6k861.0829.0965.0965.02.0k2.0k67.5k2.1k3.5k6.3k5.1k3.0k1.7k

R&D expense

15.8k21.8k1.1k3.1k4.1k16.2k16.2k35.1k97.1k127.1k115.0k26.3k42.5k1.5k29.8k25.6k1.0k5.2k2.1k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.1k2.0k14.8k44.1k31.8k112.8k21.0k636.0

Accounts Receivable

1.0k9.0k40.3k

Current Assets

128.8k30.0k40.9k

PP&E

670.7k550.7k444.4k
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

13.0k901.03.2k4.2k3.0k2.5k2.4k1.4k71.0890.090.044.0k13.7k28.4k61.0k10.9k168.2k48.1k46.9k460.045.6k23.0k50.8k22.8k25.0k7.0k

Accounts Receivable

899.012.0k50.3k50.0k40.3k40.0k

Current Assets

180.2k67.3k87.1k18.1k45.6k23.0k101.1k72.8k65.3k47.9k

PP&E

700.7k640.7k610.7k580.7k536.4k505.7k475.1k413.7k383.7k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(150.3k)(208.5k)(171.7k)(438.7k)(520.9k)(559.9k)(1.0m)(521.4k)

Depreciation and Amortization

50.0k120.1k122.0k

Accounts Payable

55.5k

Cash From Operating Activities

(413.8k)(339.6k)
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(66.4k)(92.5k)(137.3k)(17.9k)(33.6k)(61.8k)(22.1k)(66.1k)(82.4k)(74.4k)(170.6k)(231.2k)(98.3k)(300.7k)(430.7k)(94.5k)(280.7k)(448.7k)(204.3k)(361.7k)(835.6k)(143.0k)(249.9k)(365.1k)(122.4k)(228.3k)

Depreciation and Amortization

20.0k30.0k3.7k90.0k30.0k60.7k91.4k30.7k60.7k

Accounts Payable

13.7k10.0k17.5k(22.4k)6.8k

Cash From Operating Activities

(77.2k)(189.4k)(287.4k)(112.3k)(165.9k)
USDQ1, 2012

Financial Leverage

1 x
Show all financial metrics

Advanced Credit Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Advanced Credit Technologies Online and Social Media Presence

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Advanced Credit Technologies News and Updates

Advanced Credit Technologies, Inc. Officially Changes Corporate Name and Symbol to Better Reflect the Companys Direction Toward Cyber-Security

Venice, FL - (NewMediaWire) - January 08, 2020 - CyberloQ Technologies, Inc. ("CyberloQ" or the "Company") ( CLOQ ) is pleased to announce the following update on the Company's business and information objectives going forward.Advanced Credit Technologies, Inc. ( ACRT ) has officially changed i…

Advanced Credit Technologies, Inc. Launches Pinnacle Debit Card Platform Supported by QRails, Inc. and the Visa Network

Venice, FL - (NewMediaWire) - October 17, 2019 - Advanced Credit Technologies, Inc. ("CyberloQ" or the "Company") (PINK: ACRT) is pleased to announce the following update on the Company's business and information objectives going forward.“Advanced Credit Technologies Inc. is pleased to announce…

Advanced Credit Technologies, Inc. Completes Private Blockchain for Securing Sensitive Data for Medical, Legal, Financial, and a Host of Other Channels

Venice FL - (NewMediaWire) - April 03, 2019 - Advanced Credit Technologies, Inc. ("CyberloQ" or the "Company") (OTC: ACRT) is pleased to announce the following update on the Company's business and information objectives going forward. The Company has successfully developed its very first pr…

Advanced Credit Technologies, Inc. Initiates Build Out of Proprietary Medical Database to Coincide with CyberloQ Protected Private Blockchain(s)

Venice, FL - (NewMediaWire) - February 6, 2019 - Advanced Credit Technologies, Inc. ("CyberloQ" or the "Company") (OTC: ACRT) is pleased to announce the following update on the Company's business and information objectives going forward. A private blockchain is an invitation-only network govern…

Advanced Credit Technologies, Inc. Completes Distribution Onboarding, Announces Partnership with Kairos Facial Recognition

Venice, FL - (NewMediaWire) - September 26, 2018 - Advanced Credit Technologies, Inc. ("CyberloQ" or the "Company") (OTCQB: ACRT) is pleased to announce the following update on the Company's business and information objectives going forward. Advanced Credit Technologies (“ACRT”), software develope…

Advanced Credit Technologies, Inc. Integrates CyberloQ Vault Security Protocol for Accounting Firm

Venice, FL - (NewMediaWire) - August 29, 2018 - Advanced Credit Technologies, Inc. ("CyberloQ" or the "Company") (OTC: ACRT) is pleased to announce the following update on the Company's business and information objectives going forward.H&S Bookkeeping, LLC in Minneapolis, MN, has recently t…
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Advanced Credit Technologies Frequently Asked Questions

  • When was Advanced Credit Technologies founded?

    Advanced Credit Technologies was founded in 2008.

  • How many employees does Advanced Credit Technologies have?

    Advanced Credit Technologies has 3 employees.

  • What is Advanced Credit Technologies revenue?

    Latest Advanced Credit Technologies annual revenue is $77.2 k.

  • What is Advanced Credit Technologies revenue per employee?

    Latest Advanced Credit Technologies revenue per employee is $25.7 k.

  • Who are Advanced Credit Technologies competitors?

    Competitors of Advanced Credit Technologies include Phrontier Software, Vyze and Digital Assets Data.

  • Where is Advanced Credit Technologies headquarters?

    Advanced Credit Technologies headquarters is located at 871 Venetia Bay Blvd #220, Venice.

  • Where are Advanced Credit Technologies offices?

    Advanced Credit Technologies has an office in Venice.

  • How many offices does Advanced Credit Technologies have?

    Advanced Credit Technologies has 1 office.