Ryvyl Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 14.85 million compared to USD 6.97 million a year ago. Net loss was USD 12.01 million compared to net income of USD 12.09 million a year ago. Basic loss per share from continuing operations was USD 2.3 compared to basic earnings per share from continuing operations of USD 2.8 a year ago.
For the six months, sales was USD 26.14 million compared to USD 11.18 million a year ago. Net loss was USD 19.98 million compared to USD 17.34 million a year ago. Basic loss per share from continuing operations was USD 3.9 compared to USD 5.6 a year ago.