Balance Labs, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 24, 2022 at 02:55 pm
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Balance Labs, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.0675 million. Net loss was USD 0.207427 million compared to USD 0.182461 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
For the six months, sales was USD 0.135 million. Net loss was USD 0.429389 million compared to USD 0.363859 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago.
Balance Labs, Inc. is a consulting company. The Company provides business development and consulting services to start-up and development stage businesses. It provides businesses in various industries with customized consulting services to meet their business needs and help them improve their business models, sales and marketing plans and internal operations, as well as introduce the businesses to experienced professional contacts, which improves their businesses. It offers various services including business model development, including marketing research, naming and branding; business plan writing; financial modeling; Website and mobile application development; employee and board member recruitment; patent/trademark filing assistance; professional introductions; product or service development; product production; develop marketing material; product or service placement, and celebrity endorsements. It also seeks to offer executive office sharing and additional ancillary services.