Karbon-X Reports $60.8 Million in Nine-Month Revenue and Files Q3 Form 10-Q
Karbon-X reported $60.8 million in nine-month revenue, a massive 3,872% increase from the prior year's $1.5 million, driven by expanded global trading activities across compliance and voluntary markets. The company significantly strengthened its balance sheet, with cash balances rising 476% to $4.1 million, supported by $5.4 million in new capital raised through convertible notes and equity transactions.
Key figures
- Revenue
- $60.8 million
- Revenue Yoy
- 3,872%
- Deal Value Usd
- 605093
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