Curated News
By: NewsRamp Editorial Staff
August 01, 2024

Financial Gravity Companies, Inc. Announces Strong Third Quarter Results with Significant Growth in Assets Under Management and Revenue

Reddit Discuss on RedditDiscuss on LinkedIn LinkedInDiscuss on Substack SubstackView History of this news story on GitHub Github
Source News Release

TLDR

  • Financial Gravity Companies, Inc. (OTC: FGCO) achieved substantial growth in assets under management and revenue, giving them a strong competitive advantage in the financial services industry.
  • Financial Gravity's financial results reflect significant growth in assets under management and revenue, indicating successful business strategies and increasing client trust.
  • Financial Gravity's success in expanding client base and improving operating results enhances their ability to provide exceptional financial services, creating a better financial future for their clients.
  • Financial Gravity's remarkable growth in assets under management and revenue demonstrates the strength of their business model and the trust placed in their financial services offerings.

Impact - Why it Matters

This news matters because it demonstrates the company's strong performance and growth, which reflects the continued success of its strategic initiatives and the dedication of its team. The substantial growth in assets under management and the significant increase in revenue demonstrate the strength of the company's business model and the trust its clients place in it. This positive shift is a testament to the company's hard work and its focus on creating value for both its clients and shareholders.

Summary

Financial Gravity Companies, Inc. (OTC: FGCO) has reported strong financial results for the third quarter of 2024, with significant growth in assets under management and revenue, and a notable improvement in operating results. The company experienced substantial growth in assets under management, increasing by over $50 million during the third quarter, reflecting the company's expanding client base and the trust placed in its financial services offerings. Additionally, there was a significant boost in revenue, with an increase of nearly $500,000 for the quarter and over $1,900,000 for the nine months ended September 30, 2024. Perhaps most notably, Financial Gravity achieved a remarkable turnaround in operating results, moving from a loss of ($215,921.93) to a profit of $172,956.91 for the nine months ended September 30, 2024.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Financial Gravity Companies, Inc. Announces Strong Third Quarter Results with Significant Growth in Assets Under Management and Revenue

blockchain registration record for the source press release.