Summary by Moomoo AI
Yoshiharu Global, a Nasdaq-listed controlled company, has released its annual financial report for the year ending December 31, 2023. The company reported a total revenue of $9.21 million, primarily from food and beverage sales, compared to $8.28 million in the previous year. Despite the increase in revenue, Yoshiharu Global experienced a net loss of $3.04 million, which is a decrease from the $3.49 million loss reported in 2022. The loss per share stood at $2.29, down from $3.23 in the prior year. The company's operating expenses totaled $3.88 million, with general and administrative expenses being the largest contributor at $3.42 million. Yoshiharu Global's total assets were valued at $13.02 million, a decrease from $16.02 million in the previous year. The company's cash position also declined from $6.51 million to $1.83 million...Show More