Integrated Ventures, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 15, 2023 at 04:31 pm
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Integrated Ventures, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 1.44 million compared to USD 0.964319 million a year ago. Revenue was USD 1.44 million compared to USD 1.43 million a year ago. Net loss was USD 1.77 million compared to USD 0.074005 million a year ago. Basic loss per share from continuing operations was USD 0.88 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.88 compared to USD 0.13 a year ago.
For the nine months, sales was USD 2.37 million compared to USD 4.08 million a year ago. Revenue was USD 2.37 million compared to USD 5.89 million a year ago. Net loss was USD 3.32 million compared to net income of USD 0.758191 million a year ago. Basic loss per share from continuing operations was USD 2.23 compared to basic earnings per share from continuing operations of USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 2.23 compared to diluted earnings per share from continuing operations of USD 0.15 a year ago.
Integrated Ventures, Inc. is a diversified holdings company, which develops, acquires, operates, and invests in businesses, focused on e-commerce, entertainment, information technology, data center design and cryptocurrency mining. The Company focuses on blockchain applications, information technology, cryptocurrency mining which includes mining, design, management, and operation of the data centers and power plants. Its operations include consist of cryptocurrency mining and retail sales of the mining equipment.