Elvictor Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 05:31 pm
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Elvictor Group, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was USD 466,568 compared to USD 473 a year ago. Operating loss was USD 360,142 compared to USD 104,743 a year ago. Net loss was USD 449,057 compared to USD 104,743 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
Elvictor Group, Inc. is a technology driven crew management company. The Company is focused on developing, deploying, and converging technologies that enhances vessel and crew management performance. Crewing and Crew Management Services provide services that cover all the types of crew management activities. These activities include the sourcing and preliminary screening of seafarers, the matching of crew members with ship owning companies, and submission of employment proposals to them. Ship Management Services include the technical and financial fleet management, the crew management and procurement process, as well as compliance with quality and safety standards. The crew management services include licensing, developing, and acquiring various technologies, platforms, and other artificial intelligence and data intelligence applications. The crew management cloud ecosystem includes SEATRIX, which is a software specializing in developing custom cloud maritime applications.