Jiuzi Holdings (JZXN) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Jiuzi Holdings, Inc. reports a substantial increase in total assets, from $11.39 million to $56.22 million, between October 31, 2023, and April 30, 2024, according to their unaudited consolidated balance sheets. Despite this, the company has experienced a gross loss in operations and a significant rise in accumulated deficit, indicating financial challenges. The balance between liabilities and shareholder equity has shifted profoundly, with total equity jumping from $4.3 million to over $50 million in the same period.
For further insights into JZXN stock, check out TipRanks’ Stock Analysis page.
