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Stock impact report

Mercurity Fintech Holding Inc. Reports Full Fiscal Year 2022 Financial Results with Expanded Revenue Streams and Gross Profits

Mercurity Fintech Holding Inc. - American Ordinary Shares (MFH) 
Company Research Source: GlobeNewswire
NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced its financial results for the twelve months concluded on December 31, 2022. Despite challenging market conditions, MFH has made remarkable strides in both its financial performance and business operation. This includes expanding revenue streams, minimizing company losses, enhancing liquidity, and optimizing business operations by adopting a global structure headquartered in the United States and diversifying the board structure. These measures have collectively fortified the Company's market position, paving the way for future growth and expansion. Full Year Financial Highlights GAAP revenue – MFH generated total revenue on a consolidated basis in the amounts of $863,438 for the year ended December 31, 2022, and $670,171 for the year ended December 31, 2021. The incr Show less Read more
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