Integrated Ventures Reports Preliminary Q1/2024 Revenue Results Of $1,059,064 vs $555,365 for Q1/2022
10 11월 2023 - 10:30PM
InvestorsHub NewsWire
Philadelphia,
PA -- November 10, 2023 -- InvestorsHub NewsWire
-- Integrated
Ventures Inc. (OTCQB: INTV),
("Company") is pleased to confirm the plans to file Q1/2024 Report,
after the market close on 11/14/2023, for financial period, ending
on September 31, 2023.
Key Financial
Highlights are as follow:
-
Total
Revenues: For the Q1/2024, the
Company generated the revenues of $1,059,064 vs $555,365.00 for
Q1/2022.
-
Gross
Loss/Profit: The gross loss from
mining operations was $514,310.00 vs $213,527.00 for
Q1/2022.
-
Income
Loss/Profit: Excluding, non-cash
(common shares issued and booked at market value)
expenses,
for (1)
depreciation and amortization, (2) consulting services and (3)
employment compensation, the gross loss from total operations was
$691,692.00 vs $606,800.00 for Q1/2022.
-
Total
Assets: As of September 31,
2023, the Company reported the total assets, in the amount of
$5,727,699.
-
Total
Current Liabilities: As of September 31,
2023, the Company reported the total liabilities (non-cash), in the
amount of $3,055,556.00 vs $2,975,452.00 for Q1/2022.
-
Total
Cash Available: The ending cash
balance was $57,672.00.
-
Total
Digital Currencies Holdings: As of September 31,
2023, the Company's digital curency holdings (BTC) were valued at
$477,930.00.
-
Net
Loss Per Share:
Excluding, non-cash
(common shares issued and booked at market value)
expenses,
for (1)
depreciation and amortization, (2) consulting services and (3)
employment compensation, the Company's actual net loss per common
share, would amount to 0.28 cents vs 0.61 for
Q1/2022.
Management's Comments:
"Ancipated Mining Revenues for 2024 are projected to increase, due
to (1) BTC pricing of $37,000.00 or higher and (2) increase of
number of miners coming online. Thus, taking in account network
difficulty of 63T+, we are expecting revenues to be in $7.7-$7.9
million range, with over 40% in mining gross margins."
About:
Integrated
Ventures,Inc is diversified
holdings company that develops, acquires, operates and invests in
businesses, focused on ai/information technology, data center
design and cryptocurrency mining. Company's current, revenue
generating operations consist of digital currency mining and
hosting.
For
more details, please visit the Company's website:
www.integratedventuresinc.com.
Safe Harbor
Statement:
The information
posted in this release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of1995. You can identify these statements by use of the words
"may," "will," "should," "plans," "explores," "expects,"
"anticipates," "continue," "estimate," "project," "intend," and
similar expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, and various other factors beyond the company's
control.
Integrated Ventures (QB) (USOTC:INTV)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Integrated Ventures (QB) (USOTC:INTV)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024
