Livento Group, Inc. Announces 2Q 2024 Results: Achievements and Strategic Progress
Livento Group, Inc. (OTC Pink:NUGN) has announced its Q2 2024 results, showcasing significant achievements and strategic progress. Key highlights include:
- BOXO: Eight movie projects in production phase, with 'Locked' expected to enter distribution soon.
- Elisee Performance: Outperformed DJIA by 12% in volatile market conditions.
- Global Dot Logistics (GDL): Progressing towards acquiring a second company with $15M annual revenue.
- QB Upgrade: Finalizing name change process and submitted QB and 2-11c applications.
- Financial Performance: 29% YoY revenue growth and 12% QoQ increase.
- BOXO reported $365,307 in movie project income for Q2 2024.
CEO David Stybr emphasized focus on OTCQB upgrade, movie production advancement, and GDL acquisition finalization.
Livento Group, Inc. (OTC Pink:NUGN) ha annunciato i risultati per il secondo trimestre del 2024, mostrando risultati significativi e progressi strategici. I punti salienti includono:
- BOXO: Otto progetti cinematografici nella fase di produzione, con 'Locked' che dovrebbe entrare in distribuzione presto.
- Elisee Performance: Ha superato il DJIA del 12% in condizioni di mercato volatile.
- Global Dot Logistics (GDL): In procinto di acquisire una seconda azienda con un fatturato annuale di 15 milioni di dollari.
- Aggiornamento QB: Finalizzazione del processo di cambio nome e invio delle domande QB e 2-11c.
- Performance Finanziaria: Crescita dei ricavi del 29% su base annua e aumento del 12% su base trimestrale.
- BOXO ha riportato un reddito di 365.307 dollari dai progetti cinematografici per il secondo trimestre del 2024.
Il CEO David Stybr ha sottolineato l'importanza dell'aggiornamento a OTCQB, i progressi nella produzione cinematografica e la finalizzazione dell'acquisizione di GDL.
Livento Group, Inc. (OTC Pink:NUGN) ha anunciado sus resultados del segundo trimestre de 2024, mostrando logros significativos y avances estratégicos. Los puntos destacados incluyen:
- BOXO: Ocho proyectos de películas en fase de producción, con 'Locked' que se espera que entre en distribución pronto.
- Elisee Performance: Superó al DJIA en un 12% en condiciones de mercado volátiles.
- Global Dot Logistics (GDL): Avanzando hacia la adquisición de una segunda empresa con ingresos anuales de 15 millones de dólares.
- Actualización QB: Finalizando el proceso de cambio de nombre y presentadas las solicitudes QB y 2-11c.
- Rendimiento Financiero: Crecimiento del 29% en ingresos interanuales y aumento del 12% intertrimestral.
- BOXO reportó $365,307 en ingresos de proyectos de películas para el segundo trimestre de 2024.
El CEO David Stybr enfatizó la concentración en la mejora de OTCQB, el avance en la producción de películas y la finalización de la adquisición de GDL.
Livento Group, Inc. (OTC Pink:NUGN)는 2024년 2분기 결과를 발표하며 중요한 성과와 전략적 진전을 보여주었습니다. 주요 사항은 다음과 같습니다:
- BOXO: 생산 단계에 있는 8개의 영화 프로젝트, 'Locked'는 곧 배급에 들어갈 예정입니다.
- Elisee Performance: 변동성이 큰 시장 상황에서 DJIA를 12% 초과 달성했습니다.
- Global Dot Logistics (GDL): 연간 수익 1500만 달러의 두 번째 기업 인수 진행 중입니다.
- QB 업그레이드: 이름 변경 프로세스를 마무리하고 QB 및 2-11c 신청서를 제출했습니다.
- 재무 성과: 전년 대비 29% 수익 성장과 분기 대비 12% 증가.
- BOXO는 2024년 2분기에 영화 프로젝트에서 $365,307의 수익을 보고했습니다.
CEO David Stybr는 OTCQB 업그레이드, 영화 제작 진전 및 GDL 인수 마무리에 집중하고 있다고 강조했습니다.
Livento Group, Inc. (OTC Pink:NUGN) a annoncé ses résultats du deuxième trimestre 2024, montrant des réalisations significatives et des avancées stratégiques. Les points clés incluent:
- BOXO: Huit projets de films en phase de production, avec 'Locked' qui devrait bientôt entrer en distribution.
- Elisee Performance: A surpassé le DJIA de 12% dans des conditions de marché volatiles.
- Global Dot Logistics (GDL): Avance vers l'acquisition d'une deuxième entreprise avec un chiffre d'affaires annuel de 15 millions de dollars.
- Mise à jour QB: Finalisation du processus de changement de nom et soumission des demandes QB et 2-11c.
- Performance financière: Croissance des revenus de 29% d'une année sur l'autre et augmentation de 12% d'un trimestre à l'autre.
- BOXO a rapporté 365,307 $ de revenus provenant de projets de films pour le deuxième trimestre 2024.
Le PDG David Stybr a souligné l'importance de l'upgrade à l'OTCQB, des avancées dans la production cinématographique et de la finalisation de l'acquisition de GDL.
Livento Group, Inc. (OTC Pink:NUGN) hat seine Ergebnisse für das zweite Quartal 2024 bekannt gegeben, die bedeutende Errungenschaften und strategische Fortschritte präsentieren. Die wichtigsten Highlights sind:
- BOXO: Acht Filmprojekte in der Produktionsphase, mit 'Locked', das voraussichtlich bald in die Distribution geht.
- Elisee Performance: Übertraf den DJIA um 12% bei volatilen Marktbedingungen.
- Global Dot Logistics (GDL): Fortschritte beim Erwerb eines zweiten Unternehmens mit einem Jahresumsatz von 15 Millionen Dollar.
- QB-Upgrade: Abschluss des Namensänderungsprozesses und Einreichung der QB- und 2-11c-Anträge.
- Finanzielle Leistung: 29% Umsatzwachstum im Jahresvergleich und 12% im Quartalsvergleich.
- BOXO berichtete von 365.307 $ an Einnahmen aus Filmprojekten für das zweite Quartal 2024.
CEO David Stybr betonte den Fokus auf das Upgrade auf OTCQB, den Fortschritt bei der Filmproduktion und den Abschluss der Akquisition von GDL.
- 29% year-over-year revenue growth in Q2 2024
- 12% quarter-over-quarter revenue increase
- Elisee Performance outperformed DJIA by 12%
- $365,307 in movie project income from BOXO
- Eight movie projects in production phase
- Progress towards acquiring a second company under GDL with $15M annual revenue
- Lower movie project income compared to previous quarter
NEW YORK, NY / ACCESSWIRE / August 16, 2024 / Livento Group, Inc. (OTC Pink:NUGN), a dynamic leader specializing in the acquisition and development of companies with disruptive business models in film, content, and technology sectors, proudly presents second quarter of 2024 results, highlighting significant achievements and strategic updates.
Operational Highlights:
BOXO: Eight movie projects have reached the production phase. BOXO is currently working with distributors and private movie financiers to finalize budgets and agreements. The movie "Locked" is expected to enter distribution in the coming weeks.
Elisee Performance: Livento's semi-automated portfolio management tool outperformed the DJIA by
12% , which is remarkable given the current volatile market conditions.Global Dot Logistics ("GDL"): GDL is making progress in securing acquisition financing with funding partners to acquire a second company under the holding, which generates over
$15 million in revenues annually and provides trucking services in the greater Ohio area.QB Upgrade: Livento is finalizing the name change process with FINRA and has submitted the QB and 2-11c applications with OTC Markets, which will proceed once the name change process is completed.
Financial Highlights:
Revenue Growth: Compared to the same quarter in 2023, this second quarter saw a revenue increase of over
29% . In comparison to the first quarter, Livento achieved a12% uptick, mainly thanks to Elisee and Global Dot Logistics.Income from Movies: BOXO reported
$365,307 in movie project income for this quarter. The previous quarter's income was higher due to several projects reaching the near-production stage, with income booked for the entire previous period. This income will be received once the movie is financed by a distributor or after the release when BOXO continues with financing through the production phase.
Livento Group CEO David Stybr stated, "Our main targets remain upgrading Livento Group to OTCQB, advancing our movies to the production phase, and finalizing the acquisition in Global Dot Logistics with our broker-dealer." Chief Investment Officer, Mr. Henriksen, expressed his enthusiasm regarding the company's first-quarter earnings. He was quoted saying, "I'm incredibly excited about the future of our company and the amazing films we're bringing to life in the near term. Our yearly Quarter over Quarter growth is admirable with a
About Livento Group
Livento Group (OTC Pink:NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com.
Safe Harbor Statement:
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references to future events and expectations, possibilities, or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company's control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
For more information, please contact:
David Stybr
Chief Executive Officer, Livento Group, Inc.
Livento Group | LinkedIn | Twitter
Boxo Productions | LinkedIn | Twitter | Instagram | Facebook
Global Dot Logistics | LinkedIn | Twitter
Livento Group | LinkedIn | Twitter
Boxo Productions | LinkedIn | Twitter | Instagram | Facebook
Global Dot Logistics | LinkedIn | Twitter
SOURCE: Livento Group, Inc.
View the original press release on accesswire.com
FAQ
What was Livento Group's (NUGN) revenue growth in Q2 2024?
How many movie projects does BOXO have in production as of Q2 2024?
What was BOXO's movie project income for Livento Group (NUGN) in Q2 2024?
How did Elisee Performance compare to the DJIA in Q2 2024?
What is the annual revenue of the company Global Dot Logistics (GDL) is looking to acquire?
