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Arvana Inc   (AVNI)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $0.6882 $0.20 40.449%
Day's High: $0.6999 Week Perf: 7.53 %
Day's Low: $ 0.51 30 Day Perf: -3.9 %
Volume (M): 8 52 Wk High: $ 1.03
Volume (M$): $ 6 52 Wk Avg: $0.56
Open: $0.51 52 Wk Low: $0.15



 Market Capitalization (Millions $) 74
 Shares Outstanding (Millions) 108
 Employees 1
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Arvana Inc
The Company was incorporated in the State of Nevada on June 16, 1977 as “Turinco, Inc.” to engage in any legal undertaking. On July 24, 2006, the shareholders approved a change of the Company’s name from “Turinco, Inc.” to Arvana Inc. to reflect the acquisition of Arvana Networks, Inc. and the decision to operate a telecommunications business. We discontinued efforts related to our telecommunications business as of December 31, 2009. We have since been in the process of seeking other business opportunities.

Our office is located at 299 S. Main Street, 13th Floor, Salt Lake City, Utah 84111, and our telephone number is (801) 232-7395. Our registered agent is JAD Communications LLC., 5209 West Gowan Road, Las Vegas, Nevada 89130.

Should the Company not acquire CaiE, we will not restrict our consideration to any particular business or industry segment, and might consider, among others, finance, brokerage, insurance, transportation, communications, research and development, biotechnology, service, natural resources, manufacturing or high-technology. Management recognizes that the Company’s inadequate financial resources limit the scope and number of suitable business venture candidates that might otherwise be available.



   Company Address: 299 Main Street Salt Lake City 84111 UT
   Company Phone Number: 232-7395   Stock Exchange / Ticker: AVNI
   AVNI is expected to report next financial results on April 16, 2024.


   

Stock Performances by Major Competitors

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Arvana Inc

AVNI's Fiscal Outlays Soar to New Heights, Surprising Investors

The stock market is a constantly evolving landscape, with investors always on the lookout for promising opportunities. One such company that has caught the attention of many investors is Arvana Inc. Despite not expecting any moderations at the top-line during the earnings season from July to September 30, 2023, this small entity has presented some unexpected developments.
During this period, Arvana Inc. recorded an operating shortfall of $-0.117133 million. This unforeseen outcome has piqued the interest of investors, as they eagerly await the company's announcement of its revenue figures. While the specific revenue numbers are yet to be disclosed, it is important to take note of the context surrounding recent efforts.

Arvana Inc

Arvana Inc Proclaims Robust Second Quarter Performance with Revenue of $0.013579 Million in 2023 Financial Report



Arvana Inc, a renowned company in the industry, recently disclosed its second-quarter earnings for the 2023 fiscal year. While the revenue figures of $0.013579 million indicate a minor growth, the net shortfall of $-0.114 million has raised concerns among investors. However, taking into account the company's upcoming financial report and its potential for growth, there are several reasons to remain bullish on Arvana Inc.
Q2 Earnings Impact:
Arvana Inc's financial results for the second quarter of 2023 have generated mixed reactions among investors. The net shortfall of $-0.114 million, compared to $-0.001 million in the same period last year, initially appears alarming. However, it is crucial to consider that this report represents a snapshot in time, and the company's long-term prospects must be examined.

Arvana Inc

Arvana Inc. Reports Revenue of $4 in Q1 2023

Arvana Inc, a technology company, has recently disclosed its financial results for the January to March 31, 2023 interval. The company has reported a revenue of $0.000004 million, which is a minimal amount. This revenue figure is substantially lower than the revenue reported by the company for the same interval a year ago. It indicates that the company has not been able to generate significant revenue in the current quarter. The reported revenue is undoubtedly a source of concern for the company's management and its shareholders.
Furthermore, the company has reported a net shortfall of $-0.928 million for the same period. This net shortfall is of particular importance because it has significantly increased from the $-0.009 million net shortfall reported a year ago. This is a major setback for Arvana Inc and raises questions about the company's long-term survival and growth prospects.






 




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