I'm wondering about the profitability of EDC. I want to know how much money it makes and whether it's a good investment.
7 answers
KimonoGlitter
Thu Oct 24 2024
EDC's financial position, as reflected in its Total Liabilities and Net Assets, stood at $79,030, representing a significant increase from the previous year's figure of $70,787. This growth underscores the organization's financial strength and stability.
Martina
Thu Oct 24 2024
In fiscal year 2022, EDC generated a total revenue of $184.8 million, marking a robust performance amidst challenging economic conditions. This achievement is a testament to the organization's strategic direction and its ability to adapt to market dynamics.
ethan_thompson_psychologist
Thu Oct 24 2024
The surplus of $7.6 million recorded during the fiscal year is a positive indicator of EDC's financial health. This surplus has contributed to an increase in the organization's net assets, which now stand at $42.9 million as of September 30, 2022.
ethan_harrison_chef
Wed Oct 23 2024
EDC recognizes the importance of investing in its future growth and development. To this end, the organization continually utilizes its net assets to support a wide range of projects, programs, and research initiatives.
KDramaLegendaryStarlightFestival
Wed Oct 23 2024
By investing in these areas, EDC aims to foster innovation, drive economic growth, and create lasting positive impacts in the communities it serves. The organization's commitment to these efforts underscores its dedication to achieving its mission and vision.