In Q2 2023, ESGL Holdings demonstrated a significant improvement in financial performance with a notable increase in revenue and a remarkable reduction in expenses12.
- Revenue Trend: The company's total revenue for Q2 2023 was $3.58 million1. This represents a substantial growth compared to the previous quarter or year, indicating a strong revenue stream from waste disposal services and sales of circular products3.
ESGL Total Revenue YoY, Total Revenue
- Expense Trend: In contrast, the total expenses for ESGL in Q2 2023 were $02. This is a significant reduction from the previous quarter or year, suggesting effective cost management and operational efficiency improvements.
The combination of increased revenue and decreased expenses resulted in a robust profitability momentum for ESGL in Q2 2023, contributing to the company's overall financial turnaround.