Livento Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 19, 2022 at 02:22 am IST
Share
Livento Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 0.523013 million. Net loss was USD 0.144185 million compared to USD 0.000343 million a year ago.
For the nine months, revenue was USD 1.47 million. Net loss was USD 0.162509 million compared to USD 0.070343 million a year ago.
Livento Group, Inc. is engaged in specializing in the acquisition and development of companies with disruptive business models in the film, content, and technology sectors. The Company, operates through its subsidiary, BOXO Productions Inc., a film and television production company, which produces and funds content across a range of genres. The Company operates through two divisions: BOXO Productions, which is engaged in captivating movie production, and Robotics & AI, which is establishing advancements in artificial intelligence. It has developed a software called Elisee that can capture large amounts of data and create predictive behavior based on client inputs that assists the client in establishing its investment portfolio. Elisee uses algorithms that read market data and neurological network abilities to determine the path forward and make ongoing corrections over time.