$XALL to announce the highlights from the second q
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Posted On: 09/02/2020 10:48:01 AM
$XALL to announce the highlights from the second quarter disclosures and outlook for the remainder of 2020. Xalles has achieved many milestones during the last quarter and has demonstrated its ability to execute against its overall roadmap.
Q2 Achievements
Xalles Holdings released its Quarterly Report and Financial Statements yesterday on August 19, 2020 for the quarter ending June 30, 2020. Despite the challenges posed by the pandemic and the limited mobility of team members to travel, the second quarter of 2020 was record-setting as Xalles recorded its second consecutive quarter of profitability.
The balance sheet recorded a significant increase in the cash balance at the end of Q2 (greater than $200,000) compared to Q1, which was driven by new loans and equity investments.
During the second quarter, Xalles completed the closing of the Intel365, Inc. acquisition on May 15, 2020, and the Argus Technology Partners, Inc. acquisition on May 31, 2020.
2020 Outlook
https://finance.yahoo.com/news/xalles-holding...00698.html
Q2 Achievements
Xalles Holdings released its Quarterly Report and Financial Statements yesterday on August 19, 2020 for the quarter ending June 30, 2020. Despite the challenges posed by the pandemic and the limited mobility of team members to travel, the second quarter of 2020 was record-setting as Xalles recorded its second consecutive quarter of profitability.
The balance sheet recorded a significant increase in the cash balance at the end of Q2 (greater than $200,000) compared to Q1, which was driven by new loans and equity investments.
During the second quarter, Xalles completed the closing of the Intel365, Inc. acquisition on May 15, 2020, and the Argus Technology Partners, Inc. acquisition on May 31, 2020.
2020 Outlook
https://finance.yahoo.com/news/xalles-holding...00698.html
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