2023 Tranglo(2) WalletKu(3) GEA adjustments Total
(dollars in thousands)
Net income
(loss) 1,347 (363) (2,435) (8,996) (10,447)
Add:
Income tax
expenses 733 - - (277) 456
Interest
expense,
net - - 816 3,836 4,652
---------- ----------- ------ ------------ -------
EBIT 2,080 (363) (1,619) (5,437) (5,339)
Depreciation
and
amortization - - - - 2,890
EBITDA 2,080 (363) (1,619) (5,437) (2,449)
(1) TNG Asia and GEA were divested in August 2024 and July 2024, respectively.
(2) Tranglo maintained a positive EBITDA for the first nine months of 2024 and 2023.
(3) Tranglo and WalletKu maintained a combined positive EBITDA for the first nine months of 2024 and 2023.
(END) Dow Jones Newswires
November 29, 2024 07:00 ET (12:00 GMT)
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