Mohawk Group Holdings Inc. (NASDAQ: MWK) Announces Fourth Quarter & Full Year 2020 Results

  • Mohawk Group Holdings Inc. has announced its Q4 and full-year 2020 results
  • The Q4 Net Revenue Grew 61.9% Year-Over-Year to $41.5 Million from $25.6 million in Q4 2019
  • The company’s full-year operating loss of $(34.8) million improved from $(54.3) million in 2019

Mohawk Group Holdings (NASDAQ: MWK) is a CPG (Consumer Packed Goods) platform concentrated on developing proprietary technology using data and artificial intelligence to operate and manage consumer product brands. AIMEE(R) (AI Mohawk E-commerce Engine) is the company’s next-generation E-commerce platform that employs the latest technologies to launch new CPG products and identify market opportunities. These CPG products constitute 12 brands in multiple categories ranging from kitchenware, consumer electronics, and home appliances to environmental appliances.

The company recently announced its Q4 and Full-Year 2020 results, some major highlights are…

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NOTE TO INVESTORS: The latest news and updates relating to MWK are available in the company’s newsroom at https://ibn.fm/MWK

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