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…