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INX Digital Company Announces Q2 2024 Financials and Growth

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INX Digital Company Announces Q2 2024 Financials and Growth

INX Digital Company Inc (TSE:INXD) has released an update.

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INX Digital Company Inc. reported its Q2 2024 financial results, highlighting a strong balance sheet with $17.8 million in adjusted working capital and a maintained Reserve Fund of $34.3 million, despite a decrease in revenues to $1.1 million and a net operational loss of $3.6 million. The company also emphasized its strategic growth and innovation, including a partnership with Backed Finance to list tokenized stocks and other on-chain real world assets on its INX.One platform.

For further insights into TSE:INXD stock, check out TipRanks’ Stock Analysis page.

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