Xalles Holdings (OTC:XALL) has reported its financial results for the third quarter. Revenue for the first nine months of 2024 was $16.5 million, up from $13.8 million for the comparable period in 2023.
Xalles Holdings (OTC:XALL) reported a year-over-year increase in revenue and profits for the second quarter. Revenue was up 4% from the year-ago quarter at $5,690,179 and profit surged 56% to $159,109.
| Software Industry | Information Technology Sector | Mr. Thomas William Nash CEO | OTC PINK Exchange | 98388D107 CUSIP |
| US Country | 7 Employees | - Last Dividend | 24 Aug 2015 Last Split | - IPO Date |
Xalles Holdings Inc. is a forward-thinking company based in Washington, District of Columbia, dedicated to providing exceptional payment consulting and system solutions specifically tailored for government entities and business organizations. Leveraging their expertise in financial technologies, Xalles Holdings Inc. aims to streamline payment processes, enhance operational efficiencies, and ensure secure and transparent transactions. By focusing on the intricate needs of both the government and the corporate sector, the company sets itself apart as a pivotal player in the financial solutions industry.
This service is designed to help organizations identify their payment system needs, analyze current operations, and implement strategies that can improve efficiency, reduce costs, and enhance payment security. Xalles Holdings Inc. utilizes its extensive knowledge in the financial sector to deliver tailored advice that aligns with the client's business objectives.
Specially developed for businesses and government agencies, these systems ensure accurate and timely reconciliation of financial transactions. By automating the reconciliation process, Xalles Holdings Inc. helps its clients to minimize errors, detect fraud more efficiently, and maintain accurate records for auditing purposes. This is crucial for organizations that handle a large volume of transactions and require precise financial oversight.
These systems are focused on providing a comprehensive audit of all payment transactions. By leveraging advanced technology, Xalles Holdings Inc. offers organizations the ability to perform thorough inspections of their payment processes, ensuring compliance with regulatory standards and internal policies. This service is essential for identifying discrepancies, preventing fraudulent activities, and safeguarding the integrity of financial transactions.