Ault Alliance Provides A Business Update Letter To Its Stockholders, Reaffirming An Anticipated $200M In Annual Revenue For FY23; As Of June 30, 2023, Total Assets Were Approximately $378M, Total Liabilities Of $255M And For Stockholder Equity Of $122M
Portfolio Pulse from Benzinga Newsdesk
Ault Alliance has provided a business update to its stockholders, reaffirming its anticipation of $200M in annual revenue for FY23. As of June 30, 2023, the company's total assets were approximately $378M, with total liabilities of $255M and stockholder equity of $122M.
September 20, 2023 | 10:42 am
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POSITIVE IMPACT
Ault Alliance's reaffirmation of its anticipated $200M annual revenue for FY23 and its financial position as of June 30, 2023, could influence investor sentiment.
The reaffirmation of anticipated revenue and the disclosure of the company's financial position can be seen as a positive signal to investors, potentially leading to increased confidence in the company and a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100