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An update from EPWK Holdings Ltd. Class A ( (EPWK) ) is now available.
EPWK Holdings Ltd. reported its financial results for the six months ended December 31, 2024, revealing a slight decrease in total revenues to $8.48 million, a 0.61% decline from the previous year. The company faced a significant drop in net income, resulting in a net loss of $484,013, attributed to increased costs in premium business solutions and expenses related to its initial public offering process. Despite the revenue decrease, the company aims to strengthen strategic partnerships and deploy AI tools to enhance its platform and mitigate the impact of AI on service volumes.
More about EPWK Holdings Ltd. Class A
EPWK Holdings Ltd. operates as an innovative crowdsourcing platform that connects businesses with talented professionals. The company focuses on providing premium business solutions, online promotion, value-added services, and shared office rental and management, primarily serving small and medium-sized enterprises.
Average Trading Volume: 1,071,127
See more data about EPWK stock on TipRanks’ Stock Analysis page.