Elvictor Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 03:54 pm EDT
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Elvictor Group, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 125,870 compared to USD 21,592 a year ago. Net loss was USD 125,870 compared to USD 21,592 a year ago. For the half year, operating loss was USD 236,021 compared to USD 43,190 a year ago. Net loss was USD 236,021 compared to USD 42,717 a year ago.
Elvictor Group, Inc. is a technology driven crew management company. The Company is focused on developing, deploying, and converging technologies that enhances vessel and crew management performance. Crewing and Crew Management Services provide services that cover all the types of crew management activities. These activities include the sourcing and preliminary screening of seafarers, the matching of crew members with ship owning companies, and submission of employment proposals to them. Ship Management Services include the technical and financial fleet management, the crew management and procurement process, as well as compliance with quality and safety standards. The crew management services include licensing, developing, and acquiring various technologies, platforms, and other artificial intelligence and data intelligence applications. The crew management cloud ecosystem includes SEATRIX, which is a software specializing in developing custom cloud maritime applications.