Inovest B.S.C. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 1.26 million compared to USD 0.866 million a year ago. Net income was USD 0.15 million compared to net loss of USD 1.6 million a year ago. Basic earnings per share from continuing operations was USD 0.0005 compared to basic loss per share from continuing operations of USD 0.0054 a year ago.
For the six months, revenue was USD 4.7 million compared to USD 2.79 million a year ago. Net income was USD 1.44 million compared to net loss of USD 1.67 million a year ago. Basic earnings per share from continuing operations was USD 0.0049 compared to basic loss per share from continuing operations of USD 0.0056 a year ago.