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Agape ATP | 10-Q: Q3 2024 Earnings Report

Agape ATP | 10-Q: Q3 2024 Earnings Report

Agape ATP | 10-Q:2024財年三季報
美股SEC公告 ·  2024/11/14 20:26

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Agape ATP Corporation reported Q3 2024 financial results, with revenue decreasing to $331,289 from $355,314 in Q3 2023. Net loss widened to $524,039 compared to $324,735 in the same period last year. Loss per share increased to $0.13 from $0.09 year-over-year.For the nine months ended September 30, 2024, revenue declined to $962,971 from $1,040,017 in the prior year period. Net loss for the nine months expanded to $1,659,449 versus $1,138,259 in 2023. The company saw increases in cost of revenue and general and administrative expenses, while selling and commission expenses decreased.Agape ATP's cash and cash equivalents stood at $2,719,033 as of September 30, 2024, down from $4,832,460 at the end of 2023. The company is diversifying operations into renewable energy, having formed ATPC Green Energy Sdn Bhd in 2024. Management continues to focus on its health and wellness product lines while exploring new business opportunities.
Agape ATP Corporation reported Q3 2024 financial results, with revenue decreasing to $331,289 from $355,314 in Q3 2023. Net loss widened to $524,039 compared to $324,735 in the same period last year. Loss per share increased to $0.13 from $0.09 year-over-year.For the nine months ended September 30, 2024, revenue declined to $962,971 from $1,040,017 in the prior year period. Net loss for the nine months expanded to $1,659,449 versus $1,138,259 in 2023. The company saw increases in cost of revenue and general and administrative expenses, while selling and commission expenses decreased.Agape ATP's cash and cash equivalents stood at $2,719,033 as of September 30, 2024, down from $4,832,460 at the end of 2023. The company is diversifying operations into renewable energy, having formed ATPC Green Energy Sdn Bhd in 2024. Management continues to focus on its health and wellness product lines while exploring new business opportunities.
Agape ATP Corporation發佈了2024年第三季度的財務結果,營業收入從2023年第三季度的$355,314下降至$331,289。淨虧損擴大至$524,039,較去年同期的$324,735有所增加。每股虧損從去年的$0.09增加至$0.13。截至2024年9月30日的九個月,營業收入從去年同期的$1,040,017下降至$962,971。九個月的淨虧損擴大至$1,659,449,而2023年爲$1,138,259。公司在營業成本和一般及管理費用上有所增加,而銷售及佣金費用則有所下降。截至2024年9月30日,Agape ATP的現金及現金等價物爲$2,719,033,低於2023年底的$4,832,460。公司正在向可再生能源多元化,已於2024年成立ATPC綠色能源有限公司。管理層繼續關注其健康和保健產品線,同時探索新的業務機會。
Agape ATP Corporation發佈了2024年第三季度的財務結果,營業收入從2023年第三季度的$355,314下降至$331,289。淨虧損擴大至$524,039,較去年同期的$324,735有所增加。每股虧損從去年的$0.09增加至$0.13。截至2024年9月30日的九個月,營業收入從去年同期的$1,040,017下降至$962,971。九個月的淨虧損擴大至$1,659,449,而2023年爲$1,138,259。公司在營業成本和一般及管理費用上有所增加,而銷售及佣金費用則有所下降。截至2024年9月30日,Agape ATP的現金及現金等價物爲$2,719,033,低於2023年底的$4,832,460。公司正在向可再生能源多元化,已於2024年成立ATPC綠色能源有限公司。管理層繼續關注其健康和保健產品線,同時探索新的業務機會。
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