Elvictor Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 24, 2021 at 04:57 pm EDT
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Elvictor Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 617,122. Operating income was USD 80,592 compared to operating loss of USD 125,870 a year ago. Net loss was USD 43.062 million compared to USD 125,870 a year ago. Basic loss per share from continuing operations was USD 0.11. For the half year, total revenue was USD 1.173 million. Operating income was USD 100,515 compared to operating loss of USD 236,021 a year ago. Net loss was USD 43.037 million compared to USD 236,021 a year ago. Basic loss per share from continuing operations was USD 0.21.
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.
ELVICTOR GROUP, INC. 
