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Stock impact report

Earlyworks Co., Ltd. Reports Financial and Operational Performance for the Six Months Ended October 31, 2023 [Yahoo! Finance]

Earlyworks Co., Ltd. (ELWS) 
Company Research Source: Yahoo! Finance
solutions, yesterday announced its financial results for the six months ended October 31, 2023. For the six months ended October 31, 2023, the Company's revenue increased by approximately JPY 22,738 thousand, gross profit increased by approximately JPY 39,631 thousand and net loss decreased by approximately JPY 28,393 thousand, as compared to the same period in 2022. Management Commentary The six-month period ended October 31, 2023 marks several milestones for the Company. First, the Company achieved its initial public offering and listing on the NASDAQ in the six months ended October 31, 2023. Second, the Company has been able to leverage its research and development achievements for business opportunities. In the 2023 fiscal year, the Company was dedicated to the research and development of its proprietary blockchain system (Grid Ledger System, hereinafter “GLS”). This was a strategic decision made by Company's management to contribute to its future business. During the si Show less Read more
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