Cuentas Inc. posts $3.3 million net loss for 2024
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Cuentas Inc. reported a net loss of $3.3 million for 2024, up from $2.2 million in 2023. Operating expenses decreased significantly to $1.9 million. Other income was $4.3 million, mainly from derivative warrants. Cash from investing was $92,000, and financing activities generated $316,000. Cuentas renewed cooperation with Cuentas SDI LLC and formed a joint venture with World Mobile Group. This summary is based on AI-generated content by Public Technologies.
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