G2D Investments, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 06:31 pm EST
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G2D Investments, Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative revenue was BRL 1.96 million compared to revenue of BRL 400.09 million a year ago. Net loss was BRL 6.76 million compared to net income of BRL 354.15 million a year ago. Basic loss per share from continuing operations was BRL 0.06 compared to basic earnings per share from continuing operations of BRL 3.36 a year ago.
For the nine months, negative revenue was BRL 310.95 million compared to revenue of BRL 434.62 million a year ago. Net loss was BRL 328.47 million compared to net income of BRL 385.53 million a year ago. Basic loss per share from continuing operations was BRL 3.12 compared to basic earnings per share from continuing operations of BRL 4.49 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. 
