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HUB Cyber Security Ltd., a foreign private issuer, reported its unaudited financial results for the six months ended June 30, 2023, in a Form 6-K filed with the U.S. Securities and Exchange Commission for January 2024. The company disclosed a net loss of $68.7 million for the period, a significant increase from the $20.2 million loss reported for the same period in 2022. The loss was attributed to various factors, including a decrease in revenue, which fell by 17.92% to $30.7 million, and an increase in general and administrative expenses, which more than doubled to $36.1 million due to costs associated with a SPAC merger. Other expenses also rose sharply, primarily due to integration expenses related to the merger. Despite the losses, the company issued a press release on January 8, 2024, expressing optimism for a strong performance in 2024-2025. The financial information provided in the report is unaudited and prepared by the company's management.
HUB Cyber Security Ltd., a foreign private issuer, reported its unaudited financial results for the six months ended June 30, 2023, in a Form 6-K filed with the U.S. Securities and Exchange Commission for January 2024. The company disclosed a net loss of $68.7 million for the period, a significant increase from the $20.2 million loss reported for the same period in 2022. The loss was attributed to various factors, including a decrease in revenue, which fell by 17.92% to $30.7 million, and an increase in general and administrative expenses, which more than doubled to $36.1 million due to costs associated with a SPAC merger. Other expenses also rose sharply, primarily due to integration expenses related to the merger. Despite the losses, the company issued a press release on January 8, 2024, expressing optimism for a strong performance in 2024-2025. The financial information provided in the report is unaudited and prepared by the company's management.
外國私人發行人HUB Cyber Security Ltd. 在向美國證券交易委員會提交的2024年1月6-K表中報告了截至2023年6月30日的六個月未經審計的財務業績。該公司披露該期間的淨虧損爲6,870萬美元,較2022年同期報告的2,020萬美元虧損大幅增加。虧損歸因於多種因素,包括收入減少,下降17.92%,至3,070萬美元,以及由於與SPAC合併相關的成本,一般和管理費用增加了一倍以上,達到3,610萬美元。其他支出也急劇上升,主要是由於與合併相關的整合費用。儘管出現虧損,但該公司還是於2024年1月8日發佈了一份新聞稿,對2024-2025年的強勁表現表示樂觀。報告中提供的財務信息未經審計並由公司管理層編寫。
外國私人發行人HUB Cyber Security Ltd. 在向美國證券交易委員會提交的2024年1月6-K表中報告了截至2023年6月30日的六個月未經審計的財務業績。該公司披露該期間的淨虧損爲6,870萬美元,較2022年同期報告的2,020萬美元虧損大幅增加。虧損歸因於多種因素,包括收入減少,下降17.92%,至3,070萬美元,以及由於與SPAC合併相關的成本,一般和管理費用增加了一倍以上,達到3,610萬美元。其他支出也急劇上升,主要是由於與合併相關的整合費用。儘管出現虧損,但該公司還是於2024年1月8日發佈了一份新聞稿,對2024-2025年的強勁表現表示樂觀。報告中提供的財務信息未經審計並由公司管理層編寫。
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