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INNO Holdings, a Texas-based construction technology company, reported a quarterly revenue of $166,617 for the period ending December 31, 2023, marking a 46% decrease from the $309,001 revenue in the same period of 2022. The company's operating loss was slightly reduced to $809,596 compared to $852,531 in the previous year, primarily due to a decrease in bad debt expense. Net loss for the quarter was $817,264, a 6% improvement from the $871,028 net loss in the prior year. The company's cash position significantly improved, with $7,677,270 on hand as of December 31, 2023, largely due to the net proceeds from a successful initial public offering (IPO) in December 2023. INNO Holdings' business development included entering into an agreement to acquire a building for $14.6 million to expand its market capacity. The company also established a new subsidiary, Inno Disrupts Inc., to focus on research and innovation in new technologies. Looking forward, INNO Holdings plans to increase marketing capabilities, production capacity, and explore strategic opportunities to drive growth.
INNO Holdings, a Texas-based construction technology company, reported a quarterly revenue of $166,617 for the period ending December 31, 2023, marking a 46% decrease from the $309,001 revenue in the same period of 2022. The company's operating loss was slightly reduced to $809,596 compared to $852,531 in the previous year, primarily due to a decrease in bad debt expense. Net loss for the quarter was $817,264, a 6% improvement from the $871,028 net loss in the prior year. The company's cash position significantly improved, with $7,677,270 on hand as of December 31, 2023, largely due to the net proceeds from a successful initial public offering (IPO) in December 2023. INNO Holdings' business development included entering into an agreement to acquire a building for $14.6 million to expand its market capacity. The company also established a new subsidiary, Inno Disrupts Inc., to focus on research and innovation in new technologies. Looking forward, INNO Holdings plans to increase marketing capabilities, production capacity, and explore strategic opportunities to drive growth.
總部位於德克薩斯州的建築技術公司INNO Holdings報告稱，截至2023年12月31日的季度收入爲166,617美元，較2022年同期的309,001美元收入下降了46％。該公司的營業虧損從去年的852,531美元略有減少至809,596美元，這主要是由於壞賬支出減少。該季度的淨虧損爲817,264美元，較去年的871,028美元的淨虧損增長了6％。該公司的現金狀況顯著改善，截至2023年12月31日，手頭有7,677,270美元，這主要歸因於2023年12月成功進行首次公開募股（IPO）的淨收益。INNO Holdings的業務發展包括簽訂協議，以1460萬美元的價格收購一座建築物，以擴大其市場容量。該公司還成立了新的子公司Inno Disrupts Inc.，專注於新技術的研究和創新。展望未來，INNO Holdings計劃提高營銷能力和生產能力，並探索推動增長的戰略機會。
總部位於德克薩斯州的建築技術公司INNO Holdings報告稱，截至2023年12月31日的季度收入爲166,617美元，較2022年同期的309,001美元收入下降了46％。該公司的營業虧損從去年的852,531美元略有減少至809,596美元，這主要是由於壞賬支出減少。該季度的淨虧損爲817,264美元，較去年的871,028美元的淨虧損增長了6％。該公司的現金狀況顯著改善，截至2023年12月31日，手頭有7,677,270美元，這主要歸因於2023年12月成功進行首次公開募股（IPO）的淨收益。INNO Holdings的業務發展包括簽訂協議，以1460萬美元的價格收購一座建築物，以擴大其市場容量。該公司還成立了新的子公司Inno Disrupts Inc.，專注於新技術的研究和創新。展望未來，INNO Holdings計劃提高營銷能力和生產能力，並探索推動增長的戰略機會。
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