An update from Earlyworks Co., Ltd. Sponsored ADR ( (ELWS) ) is now available.
Earlyworks Co., Ltd. reported its financial results for the six months ended October 31, 2024, showing a revenue increase of approximately JPY 170,039 thousand and a reduction in net loss by approximately JPY 74,789 thousand compared to the same period in 2023. The company has made significant strides with its proprietary blockchain platform, the Grid Ledger System (GLS), which has been recognized for its high processing speed. Following its Nasdaq listing in July 2023, Earlyworks is expanding its operations and strengthening its organizational structure by appointing a COO and CDO to enhance business operations and design capabilities. The company is actively pursuing business alliances to boost the adoption of GLS and aims to contribute to the Web3 industry’s growth and a sustainable society.
More about Earlyworks Co., Ltd. Sponsored ADR
Earlyworks Co., Ltd. is a Japanese company specializing in blockchain technology solutions. The company focuses on providing services such as system planning, development, consultation, and maintenance across various industries including telecommunications, transportation infrastructure, food and beverage, real estate, entertainment, and IT services.
YTD Price Performance: -21.01%
Average Trading Volume: 33,469
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.57M
See more data about ELWS stock on TipRanks’ Stock Analysis page.
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