Yuanyu Enterprise Management Co., Limited, Reports 1Q2024 Unaudited Financial Results
Connexa Sports Technologies Inc. (YYAI)
Company Research
Source: GlobeNewswire
YYEM posts significant license revenue and net income increases over prior year Company, which is 20% owned by Connexa, to become a subsidiary pending Nasdaq approval Windsor Mills, MD, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: YYAI) reports unaudited operating results for the first quarter of FY24 from Yuanyu Enterprise Management Co., Ltd. (“YYEM”). Yuanyu is 20% owned by Connexa and will become a 70%-owned subsidiary of Connexa pending Nasdaq’s approval. “The strong financial results of YYEM for the first quarter of its financial year support the Board’s decision to acquire a majority stake in the company, which the Board expects will deliver shareholder value and provide all Connexa shareholders with an opportunity to share in YYEM’s success as it grows its operations in the ‘love & marriage’ industry,” commented Mike Ballardie, Connexa CEO. For the first quarter of YYEM’s fiscal year, ended April 30, 2024, the Company reported revenue of $3
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Sec Filings
- 9/10/24 - Form 10-Q
- 9/9/24 - Form SC
- 9/9/24 - Form SC
- YYAI's page on the SEC website