Garden Stage Ltd. (GSIW) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Garden Stage Limited reported a 36.39% decrease in revenue and a 33.61% increase in net loss for the first half of fiscal year 2024, attributed to reduced brokerage commissions and underwriting income, as well as a drop in investment management fee income. Despite a reduction in expenses, the offshore holding company, which provides financial services in Hong Kong, experienced an overall decline in financial performance. The company also completed its IPO on December 1, 2023, with ordinary shares listing on the Nasdaq.
For further insights into GSIW stock, check out TipRanks’ Stock Analysis page.