Swifty Global sees strong Q2 results, increases cash on hand, prepares for uplisting

From GlobeNewswire: 2024-08-15 08:58:00

Dear Cashmere Holding Company, also known as Swifty Global, focuses on cutting-edge solutions in sports betting. With licenses in multiple global jurisdictions, key Q2 highlights include a 37% increase in cash on hand, $2.1 million growth in total assets, and a $1.1 million reduction in liabilities. The company achieved a $5.9 million shareholders’ equity milestone in preparation for uplisting to a major national exchange by Q4, 2024. Swifty also acquired gambling licenses for South Africa and Ireland, positioning them well for expansion into new markets worth over $7.1 billion annually. CEO James Gibbons emphasizes sustainable growth and leveraging a strong financial foundation to deliver value to shareholders. For more information, visit the Swifty Global website, Twitter, and LinkedIn accounts.



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