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Cuentas Inc.

CUENW•NASDAQ
Technology
Software - Application
$0.01
$0.009(900.00%)
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The company's financials show resilient growth, with revenue advancing from $40000.00 in Q2 2023 to $639000.00 in Q1 2024. Gross profit remained healthy with margins at -11% in Q1 2024 compared to -283% in Q2 2023. Operating income hit -$843000.00 last quarter, sustaining a consistent -132% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$428000.00. Net income dropped to -$445000.00, while earnings per share reached -$0.16. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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