G2D Investments, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 07:04 pm EDT
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G2D Investments, Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was BRL 7.41 million compared to negative revenue of BRL 334.55 million a year ago. Net income was BRL 2.43 million compared to net loss of BRL 340.86 million a year ago. Basic earnings per share from continuing operations was BRL 0.02 compared to basic loss per share from continuing operations of BRL 3.24 a year ago.
For the six months, revenue was BRL 5 million compared to negative revenue of BRL 308.99 million a year ago. Net loss was BRL 4.21 million compared to BRL 321.72 million a year ago. Basic loss per share from continuing operations was BRL 0.04 compared to BRL 3.06 a year ago.
G2D Investments, Ltd. is a Bermuda-based company, which provides an investment platform that supports technology entrepreneurs and innovators. The Company invests in high-growth technology-based companies in Brazil, the United States and Europe. The Companyâs portfolio includes Direct Investments, Disruptive Consumer Brands and Tech Investment in the USA. Its Direct Investments include Blu, CERC, Grupo 2TM, Quero Educacao and digibee. The Disruptive Consumer Brands includes The Craftory, which is an investment house. The Tech Investment in the USA includes Expanding Capital, which is a venture capital firm.
G2D INVESTMENTS, LTD. 
