- NiSun International Enterprise Development Group Co, Ltd NISN reported FY21 revenue growth of 280% year-on-year to $160.2 million.
- Revenue from Financial Services grew by 118% Y/Y to $92.1 million.
- Revenue from Supply Chain Trading Business was $68.1 million.
- Gross profit from continuing operations increased by 143% Y/Y to $54.0 million due to a significant increase in demand from SME enterprises in mainland China.
- EPS was $1.41 versus a $(0.71) loss last year.
- NiSun held $91.6 million in cash and equivalents and generated $23.9 million in operating cash flow.
- Price Action: NISN shares traded higher by 18.3% at $0.71 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
