Singularity Future Technology First Quarter 2024 Earnings: US$0.13 loss per share (vs US$0.14 loss in 1Q 2023)

Simply Wall St

November 16, 2023

Singularity Future Technology (NASDAQ:SGLY) First Quarter 2024 Results

Key Financial Results

Revenue: US$895.9k (down 27% from 1Q 2023).
Net loss: US$2.29m (loss narrowed by 26% from 1Q 2023).
US$0.13 loss per share (improved from US$0.14 loss in 1Q 2023).

earnings-and-revenue-history — NasdaqCM:SGLY Earnings and Revenue History November 16th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Singularity Future Technology's share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with Singularity Future Technology (at least 3 which are significant), and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.