Q2 results out AnalytixInsight’s revenue for the three and six month periods ended June 30, 2021, was $773,834 and $1,727,162 respectively, which represents an increase of 3% and 24% respectively, when compared to $750,034 and $1,395,380 respectively in the prior year comparable periods.
Net loss for the quarter was $409,271 which compares to $357,700 for the prior year comparable period;
MarketWall’s revenue for the three and six month periods ended June 30, 2021, was $1,394,911 and $2,369,552 respectively, which compares to $1,595,427 and $2,913,694 respectively in the prior year comparable periods.
MarketWall returned to profitability, reporting net income for the quarter of $90,984 which compares to net income of $407,892 for the prior year comparable period, and net loss of $259,243 in the first quarter ended March 31, 2021, which is reflective of the investment MarketWall has made in the development of InvestoPro during the current fiscal year. As at June 30, 2021, AnalytixInsight has a cash balance of $10,107,988 and working capital of $9,549,531. The Intesa Sanpaolo migration of stock trading accounts to InvestoPro is expected to begin in the third quarter of 2021.