ClimateRock Reports FY 2024 Net Loss of $390,001, Down from FY 2023 Net Income of $483,430
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ClimateRock reported a net loss of $390,001 for FY 2024, a decline from a net income of $483,430 in FY 2023. The loss was attributed to decreased dividend income, which fell to $1.445 million from $2.134 million, and increased formation and operating costs, rising to $1.715 million. The company has not generated operating revenues and expects to incur higher expenses related to its public company status and due diligence for a potential Business Combination.
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