Integrated Ventures Is Scheduled To Report Record 6-Month Revenues Of $4,462,979 And 2nd-Quarter Of $2,547,891.
11 Febbraio 2022 - 2:45PM
InvestorsHub NewsWire
Integrated Ventures Is Scheduled To Report Record
6-Month Revenues Of $4,462,979 And 2nd-Quarter Of
$2,547,891.
Philadelphia, PA -- February 11, 2022 --
InvestorsHub NewsWire -- Integrated Ventures Inc. (OTCQB: INTV),
(“Company”) is expected to file Q2/2022
Report, after the market close on 02/11/2022 or prior
to the market open, on 02/14/2022, for financial period, ending on
December 31, 2021.
Key highlights are as
follow:
-
Total Revenues, consisting of (1) cryptocurrency
mining and (2) sales of mining equipment, have increased to
$2,547,891.00 (Q2/2022) vs $1,915,088.00
(Q1/2022).
-
Total Revenues for 6-month period, have increased
to $4,462,979.00 (December 31, 2021) from $264,347.00 (December 31,
2020).
-
Gross mining profits for Q2, excluding mining
related operational expenses and related party employment
compension, have reached $1,736,493.00.
-
The Company's 6-month gross mining profits,
excluding mining related operational expenses and related party
employment compension, have reached $2,578,638.00 (December 31,
2021) vs loss of $87,710.00 (December
31,2021).
-
Shareholder's Equity has increased to
$16,162,494.00 (December 31,2021) from 13,363,965.00 (June 30,
2021)
-
The total for Property and Mining Equipment has
reached $10,066,751.00 (December 31, 2021)
-
The balance for Digital Currencies was
$460,487.00 (December 31,2021).
“In terms of total mining revenues, Q1-Q2, 2022
were INTV's best 6-month to date. Moving forward, the Company
will continue to look for ways to (1) expand
operations and (2) improve bottomline. Next 60 days, INTV intends
to finalize some of on-going strategic M&A initiatives and
expects to commence cryptocurrency operations, in our new facility,
located in Tioga, PA,” said Steve Rubakh, CEO of Integrated
Ventures, Inc.
About Integrated Ventures
Inc: The Company operates as Technology Holdings
Company with focus on cryptocurrency sector. Additional
information is available by visiting company's website
at www.integratedventuresinc.com.
Safe Harbor
Statement: The information posted in this release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. You can identify
these statements by use of the words "may," "will," "should,"
"plans," "explores," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
projected or anticipated. These risks and uncertainties include,
but are not limited to,
general economic and business conditions, effects of continued
geopolitical unrest and regional conflicts, competition, changes in
technology and methods of marketing, and various other factors
beyond the company's control.
CONTACT: +1-215-613-1111 sr@integratedventures.io
Grafico Azioni Integrated Ventures (QB) (USOTC:INTV)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Integrated Ventures (QB) (USOTC:INTV)
Storico
Da Dic 2023 a Dic 2024