MICT, Inc. (MICT) Tops Q4 EPS by 2c, Revenues Miss

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MICT, Inc. Reports Fourth Quarter 2020 and Full Year Results

March 31, 2021 8:00 AM EDT

MONTVALE, N.J., March 31, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced its financial results for the fourth quarter and full year ended December 31, 2020.

2020 Highlights and Recent Developments

Generated revenues of $1.2 million in 2020, an increase of 146% over 2019, of which $824,000 was generated in the fourth quarterDuring July 2020 completed the acquisition of GFH Intermediate Holdings Ltd. (GFHI).In October 2020, entered an agreement to acquire Huapei, a Hong Kong Securities and investment firm. The Company recently completed the 100% acquisition, which facilitated the... More