Articles from Standard Premium Finance Holdings, Inc.

MIAMI, July 31, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), a leading specialty finance company, today announced that its board of directors has authorized an expansion of the Company’s previously announced $250,000 stock repurchase program which follows the Company’s strong second quarter performance, including $3.1 million in revenue, income before taxes of $345,000 and a return-on-equity of 15%. The board approved the ability for repurchases to be effectuated in the open market in accordance with applicable SEC regulations and safe harbor provisions, in addition to privately negotiated transactions directly with stockholders.

MIAMI, July 24, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. ("Standard Premium") (OTCQX: SPFX), a leading specialty finance company, announces strong preliminary financial and operational results for the second quarter and first half of 2025, highlighting growth in the Company’s loan portfolio, stable originations, improved funding costs and continued return-on-equity growth.

MIAMI, June 17, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today announced an increase to its revolving line of credit with First Horizon Bank (NYSE:FHN), a leading regional bank operating in 12 states across the southern U.S. The amendment raises Standard Premium’s borrowing capacity from $45 million to $50 million, supporting the Company’s strategic growth trajectory.

MIAMI, June 03, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today reaffirmed its position as a stable, growth-oriented domestic investment option amid rising global trade tensions and tariff-related market volatility. The Company’s U.S.-focused business model remains shielded from international trade risks, supporting continued growth performance and resilience.

MIAMI, May 27, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), a leading specialty finance company, today announced that its board of directors approved a stock repurchase program where the Company may purchase up to $250,000 of common stock in privately negotiated transactions over a six-month period, expiring November 2, 2025. The program will depend on market conditions, stock price, regulatory requirements and limitations, corporate liquidity requirements, priorities and other factors.

MIAMI, May 20, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. ("Standard Premium") (OTCQX: SPFX), a leading specialty finance company, announces record-breaking profitability across its latest financial reporting periods. In fiscal year 2024, net income rose 84.1% year-over-year and total revenues exceeded $12.1 million, a 24.9% increase over 2023. In Q1 2025, the Company delivered its strongest single-quarter performance, including 230% increase in earnings per share and 82.7% rise in net income compared to the same period in 2024.

MIAMI, FL, April 03, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (the “Company” or “Standard”) today announced that on March 31, 2025, it entered into employment agreements with William Koppelmann, its President and Chief Executive Officer, and Brian Krogol, its Chief Financial Officer. The agreements, approved by the Compensation Committee and the Board of Directors, provide for a five-year term, securing the brain trust and proprietary trade secrets of the Company, and establish the compensation framework for the Company’s top executives.

MIAMI, March 11, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. ("Standard") (OTCQX: SPFX) this week released its financial results for its fiscal year 2024 ended December 31, 2024 on its Form 10-K filed with the SEC.

MIAMI, FL, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (“Standard”) (OTCQX: SPFX), a leading innovator in the insurance premium finance industry, today announced that its CEO and Chairman of the Board of Directors, William Koppelmann, and CFO, Brian Krogol, have purchased common shares of the company through the OTCQX. These investments reaffirm their confidence in Standard’s growth strategy and long-term value creation for shareholders.

MIAMI, Florida, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (“Standard”) (OTCQX: SPFX), a leader in the insurance premium finance industry, announced financial results for the third quarter ended September 30, 2024, as reported in its Form 10-Q filed with the Securities and Exchange Commission.

Miami, FL, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. ("Standard") (OTCQX: SPFX) is pleased to announce the results of its 2024 Annual Shareholder Meeting, held on November 8, 2024. Shareholders of record as of September 9, 2024, participated in person and online via the iProxyDirect voting portal.

MIAMI, FL, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. ("Standard") (OTCQX: SPFX) last week released its financial results for its second quarter of fiscal year 2024 ended June 30, 2024.