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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.
外国私人发行人HUB Cyber Security Ltd. 在向美国证券交易委员会提交的2024年1月6-K表中报告了截至2023年6月30日的六个月未经审计的财务业绩。该公司披露该期间的净亏损为6,870万美元，较2022年同期报告的2,020万美元亏损大幅增加。亏损归因于多种因素，包括收入减少，下降17.92％，至3,070万美元，以及由于与SPAC合并相关的成本，一般和管理费用增加了一倍以上，达到3,610万美元。其他支出也急剧上升，主要是由于与合并相关的整合费用。尽管出现亏损，但该公司还是于2024年1月8日发布了一份新闻稿，对2024-2025年的强劲表现表示乐观。报告中提供的财务信息未经审计并由公司管理层编写。
外国私人发行人HUB Cyber Security Ltd. 在向美国证券交易委员会提交的2024年1月6-K表中报告了截至2023年6月30日的六个月未经审计的财务业绩。该公司披露该期间的净亏损为6,870万美元，较2022年同期报告的2,020万美元亏损大幅增加。亏损归因于多种因素，包括收入减少，下降17.92％，至3,070万美元，以及由于与SPAC合并相关的成本，一般和管理费用增加了一倍以上，达到3,610万美元。其他支出也急剧上升，主要是由于与合并相关的整合费用。尽管出现亏损，但该公司还是于2024年1月8日发布了一份新闻稿，对2024-2025年的强劲表现表示乐观。报告中提供的财务信息未经审计并由公司管理层编写。
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