Pseudomoney
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avatarPseudomoney
2024-09-27

$SYLA Technologies (SYT.US) Earnings

$SYLA Technologies (SYT.US)$ SYLA Technologies Co., a leading operator of Japan’s largest membership real estate crowd-funding platform, Rimawari-kun, has released its interim financial results for the first half of 2024. Here are the key highlights: - Revenue increased by 13% to ¥10,564,041 thousand ($65.7 million). - Gross profit decreased by 13% to ¥1,944,954 thousand ($12.1 million). - Net loss was ¥67,257 thousand ($0.4 million). - As of June 30, 2024, the company held cash and cash equivalents of ¥2,381,394 thousand ($14.8 million). - Notably, SYLA experienced a surge in real estate sales, with 162 units sold, a significant increase from 110 units in the same period last year. In addition to these achievements, the company announced several strategic initiatives. Firstly, it formed a
$SYLA Technologies (SYT.US) Earnings
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