CarbonMeta Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
December 01, 2023 at 04:21 pm EST
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CarbonMeta Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 0.017 million compared to USD 0.027987 million a year ago. Net income was USD 2.78 million compared to USD 6.35 million a year ago. Basic earnings per share from continuing operations was USD 0.0001 compared to USD 0.0003 a year ago.
For the nine months, revenue was USD 0.053346 million compared to USD 0.049542 million a year ago. Net loss was USD 0.472962 million compared to USD 0.422947 million a year ago.
CarbonMeta Technologies, Inc. is a research and development company. The Company is engaged in developing technologies related to remediation of organic wastes that can generate economically sustainable hydrogen, high-value carbon, and construction industry products. It offers Carbon Nanotubes, which is a black-clustered powder that is used as an additive in various materials. The Companyâs wholly owned subsidiaries include CoroWare Technologies, Inc. (CTI), CoroWare Robotics Solutions, Inc. (CRS), Robotic Workspace Technologies, Inc. (RWT), Carbon Source, Inc. (CS), CoroWare Treasury, Inc. (CWT), and CarbonMeta Research Ltd. (CMR). CSâs principal business is waste reclamation technologies and processing. CMR is focused on the development of technologies and solutions for processing organic wastes and generating sustainable hydrogen and high-value carbon products. CWT is engaged in acquiring technologies and subsidiary businesses related to waste processing.
CARBONMETA TECHNOLOGIES, INC. 
