- Revenues for 6-month period
$10,706,514 - Cost of revenues for 6-month period
$8,492,626 - Gross profit for 6-month period
$2,213,888 - Cash on hand as at
June 30, 2022 was$518,631 - Accounts receivable as at
June 30, 2022 was$628,821
“The Company is working diligently to complete its audited financial statements for fiscal years 2020 and 2021. Upon completion, we will file required documentation with the
About Genesis Financial, Inc.
Genesis, with 23 employees under its purview along with 120 financial consultants, advisors, and representatives, is a rapidly growing integrated financial technology company with a full suite of digital financial services solutions. Genesis, focusing on fintech-powered wealth management services, operates its business through two Australian regulated entities in wealth management, tax and accounting advisory services. The two operating subsidiaries are the
About
SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com.
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Safe Harbor Statement
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, members of its management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
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