LAS VEGAS–(BUSINESS WIRE)–$AGREE #2023_Earnings_Report–Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its preliminary financial results for the twelve-month period ended December 31, 2023.
Full year 2023 highlights include:
Preliminary revenue for the year ended December 31, 2023 increased by $35.4 million, or 30%, to a record $153.0 million, from $117.6 million for the year ended December 31, 2022;
Revenue excludes results from discontinued operations at Ault Global Real Estate Equities, Inc. (“AGREE”) as Company’s real estate properties, which include recently renovated hotels and land, met the criteria for classification as held for sale;
Revenue for the year ended December 31, 2023 would have been $169.2 million if it had included AGREE;
Sentinum, Inc. (“Sentinum”) data center and Bitcoin mining revenue grew approximately 97% from the prior period from $17.8 million to
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