Alset Inc narrowed second quarter of 2024 net loss per share of $-0.13 compare to net loss per share of $-0.46 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.73 realized in previous quarter.
second quarter of 2024
Earnings Per Share
Revenues
$ -0.13
$
1 Mill
$+0.33
Unch.+21.59 %
Alset Inc 's Revenue
rose by
21.59 % in second quarter of 2024 (Jun 30 2024) year on year,
to $1 million and
declined by
-81.48 % sequentially.
Alset Inc in the second quarter of 2024 recorded net loss of $-1.150 million, an improvement compare to net loss of $-4.323 million in I. Quarter a year ago.
Sequentially
net loss narrowed from net loss of $-7.314 million realized in previous quarter.
Alset Inc Inventories Inventories declined by -82.48 % to $0.01 million from I. Quarter a year ago, sequentially inventories fell by -5.93 %.
In Jun 30 2024 company's net cash and cash equivalents decreased by $-4 million, capital expenditures fell by -0.008277303.73%, to $0 millions compare to same quarter a year ago
In trailing twelve-month period Alset Inc earned $ 0.53 cash per share, on a free-cash flow basis
.
Book value fell by -2.60 % sequentially to $9.50 per share, -4.28% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.49 per share from $ 9.74.
Company
repurchased 0.00 million shares or 0.00 % in Jun 30 2024.
In trailing twelve-month period Alset Inc had $ 0.53 cash flow per share, on a free-cash flow basis
.
Book value fell by -2.60 % sequentially to $9.50 per share, -4.28% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 9.49 per share from $ 9.74.
Company
repurchased 0.00 million shares or 0.00 % in Jun 30 2024.
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