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New World Solutions Inc (NEWS.CN)

New World Solutions Inc (NEWS.CN)
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New World Solutions Inc is a technology firm focused on Electric Vehicle (EV) and Blockchain technologies. That provides shareholders with exposure to various areas of Decentralized Finance (DeFi) and electric vehicle charging solutions. The group focuses on altcoins (cryptocurrencies other the Bitcoin) through its wholly owned subsidiaries Babbage Mining Corp a Proof of Stake (POS) miner, and Beyond the Moon Inc an IDO-focused company, the Company gave investors exposure to the vast emerging market of cryptocurrencies. Its segment includes the Cryptocurrencies segment and the Technology segment.

Fiscal Year End Date: 04/30

(Values in U.S. Thousands) Apr, 2024 Apr, 2023 Apr, 2022 Apr, 2021 Apr, 2020
Sales 3 1 45 433 0
Sales Growth +220.06% -97.78% -89.67% unch -100.00%
Net Income -1,787 -8,397 -24,045 -15,330 -759
Net Income Growth +78.72% +65.08% -56.85% -1,920.97% +90.04%
(Values in U.S. Thousands) Apr, 2024 Apr, 2023 Apr, 2022 Apr, 2021 Apr, 2020
Total Assets 1,215 1,687 11,330 11,752 138
Total Assets Growth -28.01% -85.11% -3.59% +8,426.08% -80.11%
Total Liabilities 713 131 1,795 782 658
Total Liabilities Growth +444.61% -92.71% +129.43% +18.95% +7.08%
(Values in U.S. Thousands) Apr, 2024 Apr, 2023 Apr, 2022 Apr, 2021 Apr, 2020
Operating Cash Flow -933 -3,098 -5,664 -1,152 -326
Operating Cash Flow Growth +69.89% +45.31% -391.50% -253.51% +90.16%
Net Cash Flow -315 -3,357 -5,149 8,694 67
Change in Net Cash Flow +90.60% +34.82% -159.23% +12,796.97% +102.41%
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