May 15, 2024 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com) Breaking Bitcoin Stock News – Integrated Ventures Inc. market closes, on 15/05/2024, for financial period, ending on 31 March 2024.
The following news are paid distributed news:
Steve Rubakh, CEO of Integrated Ventures, Inc., adds the following comments:
“We are pleased to deliver record quarterly mining revenue with positive earnings of 0.05 cents per common share. Our liquid position is at the highest level ever and will be used to support potential M&A deals and to to acquire additional, more efficient mining equipment It should be noted that Integrated Ventures has become an early adopter and has deployed new accounting standards for this filing (known as ASU-2023-08) to book crypto assets, using fair value method.
Financial (year-on-year) highlights (Q3/2024 vs Q3/2023) are as follows:
Total Mining Revenue: Company generated the mining revenue of $1,983,250.00 against $1,472,813.00.
Net Revenue Profit/Loss: INTV’s mining operations generated net revenue profit of $297,283.00 versus loss of ($1,766,615.00).
Total Assets: Company reported value of total assets, in the amount of $5,947,859.00 vs $6,590,569.00.
Total Current Liabilities: INTV reported total liabilities (non-cash) in the amount of $3,306,111.00 (non-cash) versus $2,975,452.00.
Total Liquid Assets (Cash+ Digital Securities): Company’s ending balance was $2,007,296.00.
Net profit/loss per share: INTV’s net income (earnings) per common share reported was 0.05 cents versus a loss of ($1.03).
About: Integrated Ventures,Inc is a diversified holding company that develops, acquires, operates and invests in businesses focused on aerospace/information technology, e-commerce, data center design and cryptocurrency mining. Company’s current, revenue-generating operations consist of mining and hosting of digital currencies.
For more details, please visit the company’s website: www.integratedventuresinc.com.
Safe harbor statement:
The information included in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the words “may,” “will,” “should,” ” plan,” “explore,” “anticipate,” “anticipate,” “proceed,” “estimate,” “project,” to use. “intended,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or expected. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company’s control.
Source
Read the company’s full news and disclaimer here:
https://www.integratedventuresinc.com/single-post/integrated-ventures-files-q3-2024-with-mining-revenues-of-1-983-250-and-positive-earnings-of-0-05
https://finance.yahoo.com/news/integrated-ventures-files-q3-2024-152400903.html
Explore more bitcoin stocks with Investorideas.com free stock directory https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp
About Investorideas.com – Great Investment Ideas
Investorideas.com is the ideal platform for great investment ideas. From the latest stock news to top-rated investment podcasts, we’ve got it all covered. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News and the AI Eye. We also create free investor stock guides for sectors including mining, crypto, renewable energy, gaming, biotech, technology, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of news, articles and equity research sourced from third parties and creates original content including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our website does not make recommendations for the purchase or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investments involve risk and possible losses. This site is currently compensated for news publishing and distribution, social media and marketing, content creation and more. Disclosure: this news bite with INTV is a paid service on Investoriiodeas. More information on disclaimer: More information on disclaimer and disclosure https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com news thread https:// www.investorideas. com/News-Upload/
Contact management and IR of each company directly about specific questions. Global investors must adhere to each country’s regulations. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Follow us on Twitter @investorideas @@stocknewsbites
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Sign up for free stock news alerts at Investorideas.com
https://www.investorideas.com/Resources/Newsletter.asp
Contact Investorideas.com
800 665 0411
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
UnCirculars – Cutting through the noise, delivering unbiased crypto news
