Mercurity Fintech Announces Unaudited Financial Results for First Half 2024
Mercurity Fintech Holding Inc. - American Ordinary Shares (MFH)
Company Research
Source: GlobeNewswire
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced its unaudited financial results for the six months ended June 30, 2024. First Half 2024 Financial and Operating Highlights GAAP revenue - First half 2024 GAAP revenues of USD$517,177, compared to revenues of USD$246,242 in first half 2023, reflecting an increase of 110.03% in GAAP revenue and demonstrating the Company’s enhanced profitability and diversified revenue stream for the six months ended June 30, 2024.GAAP gross loss - First half 2024 GAAP gross loss of USD$276,444, compared to gross loss of USD$447,178 in first half 2023, reflecting a decrease of 38.18% in GAAP gross loss.GAAP net loss - First half 2024 GAAP net loss of USD$3,834,465, compared to net loss of USD$2,578,541 in first half 2023, reflecting an increase of 48.71% in GAAP net loss. For detailed f
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