Reliant Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 05:27 pm
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Reliant Holdings, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 2.131 million compared to USD 1.822 million a year ago. Operating loss was USD 304,706 compared to operating Income of USD 112,878 a year ago. Net loss was USD 306,068 compared to net income of USD 103,010 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 0.01 a year ago.
Reliant Holdings, Inc., through its subsidiary, Reliant Pools, Inc., is a custom, swimming pool construction company located in the greater Austin, Texas market. The Company focuses on assisting its customers with the design and construction of recreational pools which blend in with the surroundings. The Company offers a type of pools, which includes Freeform pool and Geometric pool. It offers Freeform pools with a combination of gentle curves, non-traditional shapes, natural rock, flagstone, natural rock and stone pavers, exposed aggregate, and stamped concrete. Geometric Pool designs often utilize sleek and straight lines. It offers a range of Pool projects based upon price and the desires of the client. The Company also provides its customers with a range of projects from the basic pool building to high-end projects that include waterfalls, mason work, backyard lighting and in-ground spas. Its in-ground pools include vinyl-lined, fiberglass, and gunite/shotcrete or concrete.