Arogo Capital Reports $1.24M Net Loss for FY 2024, No Revenue Generated

Reuters
2025.07.23 18:54
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Arogo Capital Acquisition Corp. reported a net loss of $1.24 million for FY 2024, with no revenue generated. The loss includes $2.07 million in formation and operating costs and a $178,000 franchise tax, partially offset by $1.01 million in investment income. The company remains a blank check corporation, focusing on identifying business combination targets, and plans to generate revenue post-combination. No future performance guidance was provided.