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Earlyworks Co., Ltd. Reports Financial and Operational Performance for the Six Months Ended October 31, 2024
Globenewswire· 2025-03-03 21:15
Financial Performance - For the six months ended October 31, 2024, the Company's revenue increased by approximately JPY 170,039 thousand, reaching approximately JPY 224,984 thousand compared to the same period in 2023 [1][12] - Gross profit increased by approximately JPY 81,193 thousand, while net loss decreased by approximately JPY 74,789 thousand compared to the same period in 2023 [1] - Revenue from software and system development services increased by approximately JPY 212,888 thousand, attributed to the launch of the System Development Kit package for GLS [13] - Revenue from consulting and solution services increased by approximately JPY 6,016 thousand due to collaborations with large Japanese corporations [13] - Revenue from sales of NFTs decreased by approximately JPY 48,865 thousand due to a decline in demand in the NFT market [13] - Cost of revenue increased by approximately JPY 88,846 thousand, primarily due to the significant increase in revenue [14] - Total operating expenses decreased by approximately JPY 37,395 thousand, mainly due to a reduction in general and administrative expenses and research and development expenses [15] Company Developments - The Company was successfully listed on Nasdaq in July 2023, marking a significant milestone [2] - The proprietary blockchain platform, the "Grid Ledger System (GLS)," was completed in December 2023 and has been recognized for its high processing speed by multiple corporate clients [2] - The Company is preparing for a full-scale expansion of services, including system planning, development, consultation, and maintenance across various industries [3] - To accelerate growth in Web3-related businesses, the Company is promoting business alliances and collaborations to enhance GLS's reliability and market competitiveness [4] Organizational Structure - In November 2024, the Company appointed a Chief Operating Officer (COO) to drive business operations and improve sales activities [5] - A Chief Design Officer (CDO) role was established to enhance creative and design capabilities, focusing on user experience for GLS and other technologies [5] - The collaboration between the COO and CDO is expected to enable the execution of business strategies and deliver customer value [6] Financial Position - As of October 31, 2024, the Company had approximately JPY 243,979 thousand in cash and restricted cash, with total shareholders' equity decreasing to approximately JPY 220,559 thousand due to net loss [16] - Total assets as of October 31, 2024, were approximately JPY 380,153,967 [11]
GrowHub Ltd(TGHL) - Prospectus(update)
2025-02-13 16:12
As filed with the U.S. Securities and Exchange Commission on February 13, 2025. Registration No. 333-282916 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 THE GROWHUB LIMITED (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) Cayman Islands 7374 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Sta ...
Digital Asset Acquisition Corp Unit(DAAQU) - Prospectus
2025-02-07 21:40
As filed with the U.S. Securities and Exchange Commission on February 7, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 174 Nassau Street, Suite 2100 Princeton, New Jersey 08542 Tel: (609) 924-0759 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________ Digital Asset Acquisition Corp. (Exact name of registrant as specified in its c ...
Digital Asset Acquisition Corp-A(DAAQ) - Prospectus
2025-02-07 21:40
As filed with the U.S. Securities and Exchange Commission on February 7, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________ Digital Asset Acquisition Corp. (Exact name of registrant as specified in its charter) ___________________ (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) ___________________ Jeff Tude ...
GrowHub Ltd(TGHL) - Prospectus
2024-10-31 17:03
As filed with the U.S. Securities and Exchange Commission on October 31, 2024. Registration No. 333-[*] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 THE GROWHUB LIMITED (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) Cayman Islands 7374 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classi ...
DMINT(DMNT) - Prospectus
2024-10-21 12:31
As filed with the Securities and Exchange Commission on October 21, 2024 Registration Number [ ] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 A black and white logo Description automatically generated DMINT, INC. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification ...
Earlyworks (ELWS) - Prospectus(update)
2023-07-14 21:15
Table of Contents As filed with the U.S. Securities and Exchange Commission on July 14, 2023 Registration No. 333-269068 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 6 TO FORM F-1 REGISTRATION STATEMENT Under The Securities Act of 1933 Earlyworks Co., Ltd. (Exact name of Registrant as specified in its charter) Earlyworks Co., Ltd. (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) (Primary Standard Industria ...
Earlyworks (ELWS) - Prospectus(update)
2023-06-28 15:59
Table of Contents As filed with the U.S. Securities and Exchange Commission on June 28, 2023 Registration No. 333-269068 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO.5 TO FORM F-1 REGISTRATION STATEMENT Under The Securities Act of 1933 Earlyworks Co., Ltd. (Exact name of Registrant as specified in its charter) Earlyworks Co., Ltd. (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial ...