Digiasia Corp. Reports $1.48M Net Loss for H1 2024, EPS at $(0.03)

Reuters
13 Jun
Digiasia Corp. Reports $1.48M Net Loss for H1 2024, EPS at $(0.03)

DigiAsia Corp. has released its unaudited consolidated financial results for the six months ended June 30, 2024. The company reported a net loss of approximately $1.479 million, a decrease from the net loss of approximately $164,417 recorded in the same period of the previous year. The loss attributable to DigiAsia Corp. was approximately $1.485 million, compared to a loss of approximately $3.675 million in the previous year. The loss per share for DigiAsia Corp. was reported at $0.03 for the six-month period ended June 30, 2024, compared to $0.08 for the same period in 2023. The weighted average shares outstanding for basic and diluted shares was approximately 50.185 million in 2024, up from approximately 44.548 million in 2023. No specific outlook or guidance for future periods was provided in the report. The report also noted that the company is not subject to any commitments or contingencies in the ordinary course of business as of June 30, 2024.

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