Oracle network company XY Labs achieved a net sales of 7.3 million dollars in the first half of 2022, a year-on-year increase of 51.9%

ChainCatcher news, XY Labs released its financial report for the first half of 2022, with net sales reaching $7.3 million, a year-on-year increase of 51.9%; cost of sales increased by $23,000 year-on-year; and earnings before interest and taxes decreased by approximately $6.5 million.

It is reported that XY Labs is a technology company based in California, dedicated to creating software and location data-driven devices to establish a global data network. XY Labs' products include the COIN application and the oracle network XYO. The XYO network has over 5 million nodes, and users around the world can participate in the network and even earn monetary rewards as a result. (Source link)