Metasphere Labs Triumphs in Q3 Financials

Looking Glass Labs Ltd. (TSE:LABZ) has released an update.

Metasphere Labs Inc. has reported a notable fiscal turnaround in its third-quarter earnings for 2024, with revenue soaring to CAD 676,138 from just CAD 344 the previous year, driven largely by NFT sales and service income. The company also saw a gross profit of CAD 551,790 and a net comprehensive income of CAD 203,862, marking a significant recovery from the prior year’s losses. This positive performance is reflected in its total assets growth, now at CAD 1,292,844, suggesting a robust financial position.

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