
No Signboard cuts losses by 86.6% YoY to $555,313 in Q4
For the entire fiscal year, it pared its losses by 69.9% YoY.
No Signboard narrowed its losses from $4.35m to $583,027 in the fourth quarter of FY22, translating to an 86.6% YoY decrease.
For the entire fiscal year, the company pared its losses by 69.9% YoY to $2.74m.
Given the decrease, the loss attributed to the owners of the company also declined by 86.6% YoY to $583,027 in Q4 and by 70.6% YoY to $2.7m in FY22.
According to the company's unaudited financial statement, it was able to cut losses despite its revenue dropping by 37.8% YoY to $914,205 in Q4 and 31.0% YoY to $5.45m in FY22.