Full text of FDX CAPITAL LLC's X-17A-5 filed 2026-03-24 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **FDX CAPITAL LLC (SEC I.D. No. 8-065170)** REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM AND REVIEW REPORT REGARDING EXEMPTION PROVISIONS FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULE AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2025 AND **PUBLIC** {1}------------------------------------------------ # **FDX CAPITAL LLC STATEMENT OF FINANCIAL CONDITION** As of December 31, 2025 # ASSETS | Cash | \lt;br>260,949 | |---------------------|-----------------| | Accounts receivable | 1,317,182 | | Other assets | 227,267 | | Total Assets | \lt;br>1,805,398 | #### LIABILITIES AND MEMBER'S EQUITY | Accounts payable and accrued expenses | \lt;br>1,168,123 | |---------------------------------------|-----------------| | Total Liabilities | 1,168,123 | | | | | | | | Member's equity | 637,275 | | Total Liabilities and Member's Equity | \lt;br>1,805,398 | The accompanying notes are an integral part of these financial statements. {2}------------------------------------------------ # 1. ORGANIZATION AND NATURE OF BUSINESS FDX CAPITAL LLC (the Company) was formed on October 10, 2001 in the state of New Jersey as a registered broker-dealer in securities transactions under the Securities Exchange Act of 1934. The Company is registered with the Securities and Exchange Commission (the "SEC"), a member of the Financial Industry Regulatory Authority ("FINRA") and the Securities Investor Protection Corporation ("SIPC"). The Company's income is derived from fees earned by raising money for entities and individuals for placement with money managers and investing by professional managers with whom the Company has agreements. ### 2. SIGNIFICANT ACCOUNTING POLICIES ### ACCRUAL BASIS OF ACCOUNTING The Company's financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP). The Company's year-end is December 31. ### SIGNIFICANT JUDGMENTS Revenue from contracts with customers include private placement income and fees from investment banking, M&A and raising capital. The recognition and measurement of revenue is based on the assessment of individual contract terms. Significant judgment is required to determine whether performance obligations are satisfied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on the approach measurement of the company's process und…Read the full text as markdown