Greenpro Capital (GRNQ) experienced a decline in revenue and a significant increase in expenses in Q3 2024, resulting in a substantial net loss for the period.
- Revenue Trend: The total revenue for GRNQ in Q3 2024 was $1.07 million, representing a year-over-year growth rate of -0.5%1. This indicates a slight decrease in revenue compared to the same period last year.
GRNQ Total Revenue YoY, Total Revenue
- Expense Trend: The total expenses for GRNQ in Q3 2024 were not provided in the report. However, the net income was -$330,320, which suggests that the expenses were significantly higher than the revenue for the period.
- Net Income: The net income for GRNQ in Q3 2024 was -$330,320, reflecting a substantial loss for the period. This net loss indicates that the expenses exceeded the revenue during this quarter.
In conclusion, GRNQ faced a challenging quarter in Q3 2024, with revenue declining slightly and expenses leading to a substantial net loss.