earnings
confidence high
sentiment positive
materiality 0.70
Nocera reports 2021 revenue up 733% to $9.9M; operating cash turns positive
NOCERA, INC.
- 2021 total revenues of $9.9M, up 733% from $1.2M in 2020.
- Net cash from operations of $252k, versus $130k used in 2020.
- Year-end cash $2.4M (+140%); shareholders' equity $4.8M (+85%).
- CEO cites strong growth in construction services and continued demand for RAS.