DMG Blockchain Solutions Reports First Quarter Results Ending December 31, 2022
VANCOUVER, British Columbia, March 02, 2023 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and cryptocurrency technology company, today announces its first quarter 2023 unaudited financial results.
- VANCOUVER, British Columbia, March 02, 2023 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and cryptocurrency technology company, today announces its first quarter 2023 unaudited financial results.
- Sheldon Bennett, DMG Blockchain Solutions’ Chief Executive Officer, commented, “DMG has successfully executed its Petra technology, for which we are utilizing to place Ordinals (used to make inscriptions to represent ownership of NFTs or non-fungible tokens) on the Bitcoin blockchain.
- General and administrative expenses increased to $948 thousand in the quarter ending December 31, 2022 versus $701 thousand in the prior-year period.
- Earnings per share for the first fiscal quarter ending December 31, 2022 was negative $0.04 versus positive $0.03 in the prior year period.