Infobird Co. Financial Update: Asset Growth Amid Loss

Infobird Co (IFBD) has released an update.

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Infobird Co., Ltd has shown a significant increase in total assets, reaching over $62 million by mid-2024 compared to $57 million at the end of 2023. Despite generating $20,000 in revenue for the first half of 2024, the company reported a net loss from continuing operations of approximately $812,000. This financial update indicates ongoing efforts to stabilize and grow in a challenging economic environment.

For further insights into IFBD stock, check out TipRanks’ Stock Analysis page.

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