Brief: Jowell Global Announces Q1 2022 Unaudited Financial Results

Jowell Global

25/05/2022 13:16

May 25 (Reuters) - Jowell Global Ltd  JWEL.O :
    * . ANNOUNCES FIRST QUARTER 2022 UNAUDITED FINANCIAL RESULTS
    * Q1 REVENUE ROSE 59.1 PERCENT TO $45.1 MILLION
    * AS OF MARCH 31, 2022, COMPANY HAD CASH AND CASH
EQUIVALENTS AND
RESTRICTED CASH OF $6.1 MILLION
    * QTRLY NET LOSS WAS $3.6 MILLION
    * QTRLY TOTAL GMV TRANSACTED IN ONLINE SHOPPING MALL WAS
$70.3
MILLION
    * CO'S OPERATIONS DURING Q1 OF 2022 WERE NOT SIGNIFICANTLY
IMPACTED BY PANDEMIC

Source text for Eikon:  ID:nGNX6M4JDr 
Further company coverage:  JWEL.O 

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