Why did ESGL report zero earnings in Q4 2021?

ESGL reported zero earnings in Q4 2021 due to non-recurring listing costs. According to the information from their 2023 annual report, the significant decrease in earnings was primarily driven by the non-recurring expenses associated with the company's listing on the NASDAQ exchange. These costs are not expected to have a similar impact on the company's financials in the upcoming years.

Number: 3
Title: ESGL Holdings Limited Reports Full Year 2023 Results
Date: 2024-05-10
Abstract: Revenues increase by +23.5% to $6.2 million on higher waste volumes +4.8% gross margin expansion from 64.3% to 69.1% Company provides guidance for topline growth between +23% and +53% for 2024 SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL) (“ESGL” or the “Company”),...