Maris-Tech Ltd. (MTEK) has released an update.
Maris-Tech Ltd. has released its unaudited interim financial statements for the period ending June 30, 2024, showing a total asset value of $10,881,947, a decrease from the $11,333,906 reported at the end of the previous year. The company reports an operational profit of $48,341 for the first half of 2024, a significant improvement from the loss of $2,425,508 in the same period of the previous year. These results indicate a turnaround in Maris-Tech’s financial performance, with a reduction in total liabilities and a modest increase in shareholder equity.
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