OpenLocker Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2023
June 09, 2023 at 04:34 pm
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OpenLocker Holdings, Inc. reported earnings results for the third quarter and nine months ended April 30, 2023. For the third quarter, the company reported sales was USD 0.031011 million. Revenue was USD 0.051011 million. Net loss was USD 0.651848 million compared to net income of USD 1.47 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.
For the nine months, sales was USD 0.0421 million. Revenue was USD 0.0621 million. Net loss was USD 1.98 million compared to USD 1.67 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.01 a year ago.
OpenLocker Holdings, Inc. (OpenLocker) is a technology platform for athletes and brands. OpenLocker builds fan communities on the Blockchain, primarily for colleges and universities using student-athletes Name, Image and Likeness (NIL). OpenLocker increases engagement among fans, athletes and brands through digital and physical collectibles and provides user utility, perks and experiences. OpenLocker delivers digital loyalty and marketing within sports and entertainment and across other industries. OpenLocker also offers physical collectibles, including autographed collectibles and personalized experiences (meet-and-greet or customized activity) with the athlete, arranged by OpenLocker with the athletes input and approval. It connects the digital and physical worlds by creating wallet-sized physical collectibles with the digital art printed on one side with a quick response (QR) code that directs to the fan community Website. Its portfolio includes OpenStable, Lionz Club and others.