Second Quarter 2023 Results

Gigred Studios Private Limited, the company changing how people collaborate worldwide, announced its financial performance for the second quarter of 2023. Detailed information about how the company performed and insights from the management yearly can be accessed here.


Financial Highlights for the Second Quarter of 2023

  • As of September 30, 2023, the revenue for the initial quarter of 2023 amounted to $14126.
  • As of September 30, 2023, there were 93,246 active users.
  • The spend per individual buyer stood at $1.07 as of September 30, 2023.


About Gigred

Gigred’s vision is to revolutionize global collaboration. Our mission is twofold: to democratize talent access and provide talented individuals with opportunities to grow their businesses, brands, or dreams. Over the past quarter in 2023, more than 50000 users worldwide, from small businesses to Fortune 500 companies, have leveraged freelance talent on Gigred. This has enabled them to maintain flexible, adaptive, and agile workforces.

With Gigred’s innovative Talent Cloud, companies can effortlessly scale their teams by tapping into a vast talent pool of skilled professionals from over 195 countries, covering multiple categories. Whether you need expertise in programming, 3D design, digital marketing, content creation, video animation, or architecture, Gigred has covered you. Embrace the future of work and unlock the potential of global talent with Gigred’s cutting-edge platform!

Embrace the future of work and stay ahead of the curve! Join us at www.gigred.com to be a part of the transformation. Stay updated with the latest insights by exploring our blog. Remember to connect with us on Twitter, Instagram, YouTube, Pinterest, LinkedIn, and Facebook. Let’s journey together toward a new era of possibilities!

Consolidated Balance Sheet

(As of 30 September 2023, Unaudited, Before Tax)

Bootstrap Example
Sales
Sales from Gig Transactions $14126
Sales from Projects Transactions $364.61

Platform Fee Sales

$277

Total Sales
$14767.61
Expenses
Seller Remittance $12007.15

Digital Marketing

$645.28

User Promo Codes $570.14

Office Rent

$181.20

Inretnet & Electricity $52.94

GST Filing

$21.75

Debt Repayment

$178

Staff Salary $612.51
Total Expenses

$14268.97

Net Income
$498.64