ENDI Corp. Announces 2023 Financial Results
A summary of our annual results for the Company's reportable segments can be found below. Our full report on the Form 10-K filing can be found at endicorp.com.
Year Ended |
|
CrossingBridge |
|
|
|
|
|
Internet |
|
|
Other |
|
|
Consolidated |
|
|||||
Revenues |
|
$ |
8,678,783 |
|
|
$ |
182,970 |
|
|
$ |
725,770 |
|
|
$ |
- |
|
|
$ |
9,587,523 |
|
Cost of revenue |
|
|
- |
|
|
|
- |
|
|
|
218,269 |
|
|
|
- |
|
|
|
218,269 |
|
Operating expenses |
|
|
5,261,667 |
|
|
|
399,928 |
|
|
|
234,173 |
|
|
|
1,753,039 |
|
|
|
7,648,807 |
|
Other income (expenses) |
|
|
72,094 |
|
|
|
1,104 |
|
|
|
(19,882) |
|
|
|
755,788 |
|
|
|
809,104 |
|
Net income (loss) |
|
|
3,489,210 |
|
|
|
(215,854) |
|
|
|
253,446 |
|
|
|
(997,251) |
|
|
|
2,529,551 |
|
|
|
|
737,869 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
737,869 |
|
Identifiable assets |
|
$ |
7,472,058 |
|
|
$ |
661,177 |
|
|
$ |
805,306 |
|
|
$ |
15,840,578 |
|
|
$ |
24,779,119 |
|
The Company will host a shareholder conference call to discuss the results on
About
Forward Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. These statements are not guaranties of future performance, and actual results may differ materially from those forecasted.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending," and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs, or projections.
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