LiveWire Ergogenics Inc. (OTCPK:LVVV) released its financial results for the first quarter of the year ending March 31, 2023, revealing sales of $378,519, a decrease of 7.3% compared to $408,519 in Q1 2022.
Q1 2023 Financial Highlights
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Net profit was $179,300, an increase of 1,436% compared to $11,668 in Q1 2022
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Assets increased to $6.6 million an increase of $308,457 in Q1 2022
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The company’s assets exceeded its liabilities by $2.2 million.
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Fifth consecutive profitable quarter after having generated a net profit for the full year of 2022.
Bill Hodson, CEO of LiveWire, stated, “Our flagship property, Estrella Ranch in Paso Robles, California, the world’s first estate grown …