The Company is happy to report that it has posted its first consolidated financial statements since the acquisition of CGCX.
Key Highlights:
- Revenues for the 3rd quarter of 2021: USD 6,277,704
- EBITDA for the 3rd quarter of 2021: USD 2,002,819
- Net Income for the 3rd quarter of 2021: USD 1,674,225
USD 173,354,165 in total assets andUSD 5,429,213 in total liabilities.
Total revenue for the third quarter (2021-Q3) and the combined previous two quarters (2021-Q2 and 2021-Q1): USD 6,277,704 and USD 5,117,136 respectively.
“We are proud of the results of the CGCX team. The growth and results both met and exceeded our expectations and projections. said
Dr.
About
For more information about the Company visit:
Our OTC Markets Profile: https://www.otcmarkets.com/stock/mjwl/overview
Our website is: https://majiccorp.co/
Our Twitter account is: https://twitter.com/MajicCorp
Our Discord: https://discord.gg/apolloassets
About
Founded in 2018, Calfin Global Crypto Exchange CGCX set out to offer a highly sophisticated cryptocurrency exchange for a seamless & secure crypto trading experience. Unlike most exchanges that offer only cryptocurrency trading, CGCX caters to the larger blockchain community by providing four services under a single platform.
CGCX Website: https://www.cgcx.io
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE:
FOR MORE INFORMATION, PLEASE CONTACT:
Email: info@majiccorp.co
Attachment
- $MJWL Majic Reports First Consolidated Financials with Revenues of 6.28 Million in Revenues & 173 Million in Assets
$MJWL Majic Reports First Consolidated Financials with Revenues of 6.28 Million in Revenues & 173 Million in Assets
$MJWL - Q3 2021
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