Tian Ruixiang Holdings (TIRX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Tian Ruixiang Holdings Ltd reports a substantial increase in cash holdings from $2,383 to $27,456,502 as of April 2024, alongside a notable shift from short-term investments to cash and restricted cash. The company’s total assets rose to $37,967,293 from $35,479,774, while it also reported a net accumulated deficit increase and a slight decrease in shareholders’ equity. Operating expenses outpaced revenues, resulting in a loss from operations of $2,962,830 for the six months ended April 2024.
For further insights into TIRX stock, check out TipRanks’ Stock Analysis page.