NiSun International Enterprise Development Group (NISN) has released an update.
Nisun International Enterprise Development Group has reported a significant 65% increase in revenue for the fiscal year 2023, reaching $386.7 million, with a net income of $17.7 million. The company also boasts a strong cash position, ending the year with $114.5 million in cash and cash equivalents, translating to $29.0 cash per share. Despite these robust financials, CEO Xin Liu believes the stock is undervalued and is exploring strategic alternatives to enhance shareholder value.
For further insights into NISN stock, check out TipRanks’ Stock Analysis page.
