DSG Global Inc (DSGT)

[jmoney360]

Q4 2021 Financial Highlights:

Revenue increased to $712,495 from $292,154 during the same period in 2020, an increase of 144%, primarily the result of increase in sales of Infinity Touch Screens and Low Speed Electric Vehicles
Gross Profit increased to $160,095 versus $129,223 in Q4 2020.
Loss From Operations decreased from $2,473,727 in Q4 2020 to $1,648,643 during Q4 2021.

Full Year 2021 Financial Highlights:

Revenue increased 132.4% to $2,092,819 from $900,482 during 2020, a result of revenue increases across all product categories including Electric Vehicles.
Gross profit increased to $982,121 from $490,689, an increase of 100%.
Total Assets increased to $2,612,240 compared to $2,103,562 at the end of 2020, primarily a result of an increase in inventory and lease receivables
Total Liabilities increased to $4,265,983 versus $2,912,745 at the end of 2020.
Loss from operations increased to $5,953,513 from $5,069,696 in 2020. This was mostly due to increased expenses for trade shows and costs associated with bringing electric vehicles to market.
Net loss increased from $6,177,099 in 2020 to $6,384,655 in 2021.