Livento Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 11:27 am EST
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Livento Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.586643 million compared to USD 0.35 million a year ago. Revenue was USD 0.586643 million compared to USD 0.35 million a year ago. Net loss was USD 1.18 million compared to USD 0.282983 million a year ago.
For the nine months, sales was USD 1.51 million compared to USD 1.03 million a year ago. Revenue was USD 1.51 million compared to USD 1.03 million a year ago. Net loss was USD 6.14 million compared to USD 0.589983 million a year ago.
Livento Group, Inc. is engaged in specializing in the acquisition and development of companies with disruptive business models in the film, content, and technology sectors. The Company, operates through its subsidiary, BOXO Productions Inc., a film and television production company, which produces and funds content across a range of genres. The Company operates through two divisions: BOXO Productions, which is engaged in captivating movie production, and Robotics & AI, which is establishing advancements in artificial intelligence. It has developed a software called Elisee that can capture large amounts of data and create predictive behavior based on client inputs that assists the client in establishing its investment portfolio. Elisee uses algorithms that read market data and neurological network abilities to determine the path forward and make ongoing corrections over time.