Gulf West Security Network, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
April 17, 2019 at 06:08 am
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Gulf West Security Network, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was USD 16,530 compared to USD 10,743 a year ago. Operating loss was USD 687,526 compared to USD 43,033 a year ago. Net loss was USD 1.358 million compared to USD 43,033 a year ago. Basic loss per share from continuing operations was USD 0.16 compared to USD 0.01 a year ago.
Gulf West Security Network, Inc., is engaged in providing residential and commercial electronic security, home automation, and systems integration services on both a retail and wholesale basis. The Companyâs retail division, which includes its wholly owned subsidiary LJR Security Services, Inc., is engaged in the hands-on design, engineering, sales, installation, after-market servicing, inspection, and remote electronic monitoring of home burglar, fire, and medical alarm systems, as well as fully integrated business security and automation systems. Its wholesale division, which operates under the name Gulf West Security Network, is engaged in the development and expansion of a coalition of independently branded life safety and property protection providers, fire alert and suppression system installers, electronic remote monitoring and video surveillance specialists, smart home designers, commercial systems integrators, structured wiring professionals, and electrical contractors.