Aug. 20 at 11:22 AM
$GWAV
The actual numbers are apparently out but they still have an extention on their actual rapport !!! :)
I got this through chatgbt:
This means significantly higher revenue while the loss is decreasing at the same time.
Even more interesting is the first half of the year: GWAV had approximately
$12.87M in gross profit, compared with
$5.60M the year before, while the operating loss decreased to approximately
$3.92M from
$8.53M. Operating cash flow also improved from -
$2.93M to +
$0.95M.
⚠️ But there is one major warning sign
GWAV still has going-concern risk, meaning there is uncertainty about the company's ability to continue financing its operations. And the fact that the Q2 report was delayed is not something I would ignore — especially since the Q1 report was also delayed and was not filed until July 29.
STILL A LOT to think about though
