SOL Global Q2 Revenue Drops 217% YoY, Here Are The Details

SOL Global Investments Corp.’s (OTCPK:SOLCF) (CSE:SOL) (Frankfurt: 9SB) unaudited total revenue in Q2 2022, was a loss of CA$96.19 million, an unfavorable decrease of 217% compared to revenue of 81.96 million Q2 2021.

Unaudited Six-Month Period Ended Results

  • For the six-months period ended May 31, 2022, the company recorded a net loss of CA$161.1 million vs. six-months period ended May 31, 2021, net income of CA$272.8 million. This represents an unfavorable change of CA$433.9 million.

  • For the three-months period ended May 31, 2022, the company recorded a net loss of CA$128.1 million vs the three-months period ended May 31, 2021, net income of CA$60.7 million. This represents an unfavorable change of CA$188.8 million.

  • Total loss from investments totaled CA$179.5 million for the six-month period ended May 31, 2022, compared to a gain of CA$327.5 million for the six-month period ended …

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SOL Global Q2 Revenue Drops 217% YoY, Here Are The Details on Benzinga