EarthLabs Reports Results for the Fourth Quarter and Fiscal Year 2024

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Algemeen advies 30/04/2024 10:05
Ended the year with total cash, cash equivalents, and investments of $42.9M;
Acquisition of The Northern Miner, MINING.COM and Canadian Mining Journal, solidifies EarthLabs as one of the largest mining media groups globally;
Foundational year for EarthLabs for strategic growth and acquisitions in the investment and media portfolio, forging a new frontier where technology meets mining media.
Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) ("EarthLabs" or the "Company") is pleased to announce the consolidated financial results for three months and year ended December 2023 of the Company (the "Financial Results").

Highlights for the three-months period ended December 31, 2023:

Closed its previously announced acquisition of The Northern Miner Group ("TNM Group"), a leading group of mining media brands including The Northern Miner ("TNM"), Canadian Mining Journal ("CMJ") and MINING.COM.
Advertising revenue of $677,279 as compared to $1,398,703 for the three months ended December 31, 2022;
Subscription revenue of $230,391 as compared to $200,530 for the three months ended December 31, 2022;
see & read more on
https://www.newsfilecorp.com/release/207301/



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