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DSGT Global, Inc. Reports Year End 2020 Results
March 05, 2021 09:30 ET
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DSG Global Inc.
DSG Global Inc.
SURREY, British Columbia, March 05, 2021 (GLOBE NEWSWIRE)
DSG Global, Inc. (OTCQB: DSGT) ( DSGT or the Company ) announces its financial results for Q4 and fiscal 2020.
2020 Financial Highlights:
Cash grew to $1.4 million, up from $25,494 as of December 31, 2019. The cash position increased $1.3 million during Q4 2020.
Total Assets increased to $2.1 million, up from $0.4 million at year-end 2019, primarily driven by increased cash, increased inventory and increased prepaid expenses. Total Assets grew $1.4 million during Q4 2020 when compared to Q3 2020 ending September 30, 2020.
Total Liabilities decreased from $8.7 million at the end of 2019 to $2.9 million at year end 2020. Liabilities decreased by $7.5 million in Q4 2020. The primary reason for the decrease was extinguishment of convertible ....

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