Mercurity Fintech Holding (MFH) has released an update.
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Mercurity Fintech Holding Inc. reported a 110% increase in GAAP revenue for the first half of 2024 compared to the previous year, showcasing improved profitability and a diversified revenue stream. However, the company’s GAAP net loss also rose by 48.71%, indicating ongoing financial challenges despite revenue growth. This highlights Mercurity’s commitment to innovation in digital finance amid a complex financial landscape.
For further insights into MFH stock, check out TipRanks’ Stock Analysis page.