Nov. 18 at 11:56 PM
$VMNT 9 months q3 23 vs 9 months q3 24
Key Metrics Comparison
Sales and Revenue:
2023 (9 months):
$105,417
2024 (9 months):
$948,565 (a significant increase driven by their VinHMS acquisition and expanded operations)
Operating Profit (Loss):
2023: Operating loss of $(901,745)
2024: Operating profit of
$206,181 (a notable improvement, showing the business turned operationally profitable in 2024)
Cash Flow from Operations:
2023: Cash used in operating activities was $(326,703)
2024: Cash provided by operating activities was
$309,879 (a significant positive shift)
Net Profit (Loss):
2023: Net loss of $(913,584)
2024: Net loss of $(371,786), reduced but still negative, primarily due to interest expenses of $(575,599)
