TechFinancials books no financial gain in H1 2024, continues to look for opportunities

TechFinancials books no financial gain in H1 2024, continues to look for opportunities

TechFinancials Inc. today announced its unaudited interim results for the six-month period ended 30 June 2024 (“H1 2024”).

The operating loss for the period was US$0.090m (H1 2023: loss of US$ 0.073m); the operating expenses for the period were attributed to general and administrative costs associated with being a publicly quoted company.

Financial gain for the period was US$ nil.

No taxes on income were recorded in the period (H1 2023: US$ nil).

The loss after taxation for the period attributable to shareholders of the Company was US$ 0.090m (H1 2023: loss of US$ 0.073m).

The Company’s cash position for the period ended 30 June 2024 was US$0.318m (31 December 2023: US$0.371m).

Eitan Yanuv, Independent…
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