Longfin(OTC) LFIN

Longfin Corp. operates as a financial technology enterprise, specializing in structured financing solutions for trade and physical commodities. The company serves financial institutions and trading platforms across North America, South America, and Africa, and was established in 2017 in Manalapan, New Jersey.

Products and Services

• Structured financing solutions for trade and physical commodities
• Services tailored for financial institutions and trading platforms
• Focus on North American, South American, and African markets

Growth Outlook

• Revenue of $39.88 million in Q2 2018, showing market demand
• Net income improved from -$7.30 million in Q1 2018 to -$3.66 million in Q2 2018
• Current ratio of 1.40 indicates strong short-term financial health

Financial Highlights

• Trailing twelve months (TTM) revenue of $54.26 million
• Operating cash flow of -$2.61 million in Q2 2018
• Cash and cash equivalents of $490,000 as of June 30, 2018

Longfin Corp. has positioned itself in the financial technology sector, focusing on structured financing solutions that cater to a diverse range of clients. The recent revenue figures indicate a growing demand for its services, while the improvement in net income suggests a potential turnaround in profitability. The company's current ratio reflects a solid ability to meet short-term obligations, which is crucial for maintaining operational stability. Despite challenges in cash flow, the overall financial metrics present a narrative of resilience and opportunity within the evolving financial technology landscape.