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Cryomass Technologies Inc  (AFCT)
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Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 237
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -7
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Cryomass Technologies Inc
Cryomass Technologies Inc is a company specializing in the development of innovative cryogenic technologies. They are known for their expertise in creating environmentally sustainable solutions for waste management and energy production. The company focuses on converting biomass waste into clean energy sources such as biogas and biochar through a cryogenic process. Cryomass Technologies Inc aims to tackle climate change and promote a circular economy by providing efficient and cost-effective solutions for waste disposal and renewable energy generation.


   Company Address: 1001 Bannock Street Denver 80204 CO
   Company Phone Number: 303-416-7208   Stock Exchange / Ticker: AFCT


   

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Cryomass Technologies Inc

Cryomass Technologies Inc. faces significant challenges amidst declining performance during Q3 2023 earnings season

Cryomass Technologies Inc, a company in the Miscellaneous Manufacturing sector, is currently under scrutiny by researchers who are analyzing its third quarter results for 2023. The company has reported an operating deficit of $-1.373304 million for the period of July to September 2023, as it has not stated any revenue thus far.
Analyzing the third quarter earnings season development for 2023, it is apparent that Cryomass Technologies Inc is facing financial challenges. Comparing it to the operating deficit of $-1.253826 million in the third quarter of 2022, it is evident that the deficit has increased.

Cryomass Technologies Inc

Cryomass Technologies Inc Faces Financial Struggles: Q2 2023 Operating Shortfall Raises Concerns



Cryomass Technologies Inc, a prominent player in the industry, recently released their financial results for the April to June 30, 2023 reporting cycle. Surprisingly, investors did not anticipate any modifications at the company during this period. However, the results unveiled a significant operating shortfall of $-6.274718 million, highlighting potential challenges for the organization. This article will analyze the financial situation of Cryomass Technologies Inc in the second quarter of 2023 and discuss how these results may impact the company going forward.
Operating Shortfall Comparison:
A crucial aspect to consider is the drastic increase in the operating shortfall from the second quarter of 2022 to the corresponding period in 2023. In Q2 2022, the operating shortfall stood at $-1.416244 million, significantly lower compared to this year's $-6.274718 million. This alarming difference suggests that the company may be grappling with some internal issues or external market challenges affecting its financial performance.

Cryomass Technologies Inc

Cryomass Technologies Inc Surpasses Market Expectations, Slashes Operating Deficit by $0.6 Million in Q1 2023

In the first quarter of 2023, Cryomass Technologies Inc has shown a significant improvement in its operating deficit, which was $-1.531555 million. Although the company did not provide any top-line figures for the period from January to March 31, 2023, it is still a very positive outcome for market participants, particularly coming off the back of a $-2.12779 million operating deficit in the first quarter of 2022.
Despite the lack of top-line figures, Cryomass Technologies Inc has demonstrated its potential to become a leading industry player, with market confidence starting to grow. The company's losses have also decreased from $-2.152 million in the first quarter of 2022 to $-1.599 million in the same period this year, further reinforcing its potential for success.







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