Gold and Gemstone Mining Achieves Record $8.6 Million Revenue
Gold and Gemstone Mining (GGSM) reported record revenue of $8.6 million for the nine months ending September 30, 2024, marking a substantial increase of $5.6 million compared to 2023's total revenues. The company attributes this growth to strategic acquisitions and successful integration of new assets, particularly in recreational activities in the Mentawai Islands. Additionally, GGSM announced the appointment of Todd Noble as President and Board Member, bringing 20 years of experience in driving business financial growth to help shape the company's future in 2025.
Gold and Gemstone Mining (GGSM) ha riportato un fatturato record di 8,6 milioni di dollari per i nove mesi terminati il 30 settembre 2024, segnando un notevole aumento di 5,6 milioni di dollari rispetto ai ricavi totali del 2023. L'azienda attribuisce questa crescita a acquisizioni strategiche e all'integrazione riuscita di nuovi asset, in particolare nelle attività ricreative delle Isole Mentawai. Inoltre, GGSM ha annunciato la nomina di Todd Noble come Presidente e Membro del Consiglio, portando oltre 20 anni di esperienza nel stimolare la crescita finanziaria delle imprese per contribuire a plasmare il futuro della compagnia nel 2025.
Gold and Gemstone Mining (GGSM) reportó ingresos récord de $8.6 millones para los nueve meses que terminaron el 30 de septiembre de 2024, marcando un aumento significativo de $5.6 millones en comparación con los ingresos totales de 2023. La compañía atribuye este crecimiento a adquisiciones estratégicas y a la exitosa integración de nuevos activos, particularmente en actividades recreativas en las Islas Mentawai. Además, GGSM anunció el nombramiento de Todd Noble como Presidente y Miembro de la Junta, aportando 20 años de experiencia en impulsar el crecimiento financiero empresarial para ayudar a dar forma al futuro de la compañía en 2025.
Gold and Gemstone Mining (GGSM)은 2024년 9월 30일로 종료된 9개월 동안 860만 달러의 기록적인 수익을 보고했으며, 이는 2023년 총 수익에 비해 560만 달러의 상당한 증가를 의미합니다. 회사는 이 성장을 전략적 인수와 새로운 자산의 성공적인 통합, 특히 멘타와이 제도의 레크리에이션 활동에 기인하고 있습니다. 또한, GGSM은 Todd Noble을 사장 겸 이사로 임명했으며, 그는 기업 재무 성장을 주도한 20년의 경험을 바탕으로 2025년 회사의 미래를 형성하는 데 도움을 줄 예정입니다.
Gold and Gemstone Mining (GGSM) a annoncé des revenus record de 8,6 millions de dollars pour les neuf mois se terminant le 30 septembre 2024, marquant une augmentation substantielle de 5,6 millions de dollars par rapport aux revenus totaux de 2023. L'entreprise attribue cette croissance à des acquisitions stratégiques et à l'intégration réussie de nouveaux actifs, en particulier dans les activités récréatives des îles Mentawai. De plus, GGSM a annoncé la nomination de Todd Noble en tant que président et membre du conseil, apportant 20 ans d'expérience dans le développement de la croissance financière des entreprises pour aider à façonner l'avenir de l'entreprise en 2025.
Gold and Gemstone Mining (GGSM) meldete für die neun Monate bis zum 30. September 2024 einen Rekordumsatz von 8,6 Millionen Dollar, was einen erheblichen Anstieg von 5,6 Millionen Dollar im Vergleich zu den Gesamterlösen von 2023 darstellt. Das Unternehmen führt dieses Wachstum auf strategische Übernahmen und die erfolgreiche Integration neuer Vermögenswerte zurück, insbesondere im Bereich der Freizeitaktivitäten auf den Mentawai-Inseln. Darüber hinaus gab GGSM die Ernennung von Todd Noble zum Präsidenten und Vorstandsmitglied bekannt, der 20 Jahre Erfahrung in der Förderung des finanziellen Wachstums von Unternehmen mitbringt, um die Zukunft des Unternehmens im Jahr 2025 zu gestalten.
- Record revenue of $8.6M for nine months ending September 2024
- $5.6M increase in revenue compared to 2023
- Successful integration of strategic acquisitions
- Appointment of experienced executive Todd Noble as President
- None.
A Landmark Year of Growth, New Leadership, and Strategic Advancements for Gold and Gemstone Mining
JAKARTA, Indonesia, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Gold and Gemstone Mining, Inc. ("Gemstone") (GGSM), operating proudly announces a remarkable milestone in its history, surpassing
This impressive growth highlights Gold and Gemstone Mining's unwavering dedication to innovation, strategic market positioning, and sustainable value creation for its shareholders. "This year has been a pivotal moment for our company," said a member of the Board of Directors. "We are fulfilling our commitment to expanding market presence, increasing shareholder value, and paving the way for future success."
The exceptional revenue increase results from strategic acquisitions and the successful integration of new assets into Gold and Gemstone Mining's existing framework. By targeting complementary assets, the Company has enhanced its market presence and strengthened its position as a leading force in recreational activities in the Mentawai Islands.
Gold and Gemstone Mining is pleased to announce the appointment of Todd Noble to its Board of Directors and as the Company's new President. With 20 years of experience driving business financial growth, Mr. Noble is positioned to play a pivotal role in shareholder communication and shaping the Company's future in 2025.
We are thrilled to welcome Todd Noble to our leadership team,” said a member of the Board. “His deep expertise in growth strategies will be invaluable as we drive progress and pursue expansion.”
About Gold and Gemstone Mining Inc.
Gold and GemStone Mining, Inc. is focused on acquiring and managing properties, assets, and charter boat services worldwide. The Company's goal is to build a successful action sports business that delivers benefits to shareholders and contributes to coastal regions around the world.
Stay connected:
• Website: www.ggsmglobal.com
• OTC Markets: GGSM
For further information, please contact:
info@ggsmglobal.com
Gold and Gemstone Mining Inc.
Todd Noble
Grand Slipi Tower, Jln. Jend. S. Parman 22-24
Jakarta 11480 Indonesia
+1 619-844-1279
Safe Harbor for Forward-Looking Statements
This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes," "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
FAQ
How much revenue did Gold and Gemstone Mining (GGSM) generate in the first nine months of 2024?
What was GGSM's revenue increase compared to 2023?
Who is the new President appointed to GGSM's Board of Directors in 2024?
What strategic developments contributed to GGSM's revenue growth in 2024?
