GetSwift Reports Fiscal Second Quarter 2022 Financial Results
GetSwift Technologies Limited ("GetSwift" or the "Corporation"; NEO: GSW), a leading provider of last mile SaaS logistics technology and services, has reported its financial and operational results for the fiscal second quarter of 2022 which ended December 31, 2021.
- GetSwift Technologies Limited ("GetSwift" or the "Corporation"; NEO: GSW), a leading provider of last mile SaaS logistics technology and services, has reported its financial and operational results for the fiscal second quarter of 2022 which ended December 31, 2021.
- First fiscal half revenue totaled $20.5 million vs. $19.8 million for the full fiscal year in 2021
Our growth accelerated in the second fiscal quarter of 2022, thanks to continued adoption of our products and services by major businesses that require affordable, scalable, and secure solutions, said Bane Hunter, CEO of GetSwift. - Total operating expenses for the second quarter of 2022 were $9.1 million as compared to total operating expenses of $2.8 million for the second quarter of fiscal 2021.
- Total comprehensive loss for the second quarter of 2022 was $7.5 million, as compared to a total comprehensive loss of $5.4 million for the second quarter of fiscal 2021.