Altitude International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 08:51 am EDT
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Altitude International, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 593 compared to USD 104,194 a year ago. Operating loss was USD 74,288 compared to USD 29,738 a year ago. Net loss was USD 74,691 compared to USD 37,649 a year ago. For the half year, sales was USD 1,186 compared to USD 218,692 a year ago. Operating loss was USD 172,964 compared to USD 71,808 a year ago. Net loss was USD 180,719 compared to USD 87,534 a year ago.
Altitude International Holdings, Inc (Altitude) is a vertically integrated high-performance sports, education, and technology company. The Company owns and operates sports training and educational institutions, manufacture oxygen training chambers and manufacture atmospheric water generators. Altitude has specialized in creating engineered, membrane-based designs for simulated altitude training environments. The product line ranges from personal at home use machines to fully integrated environmental rooms and chambers, and has been used by colleges, the National Football League (NFL) and National Basketball Association (NBA). The Company operates in various business divisions through its subsidiaries, mainly within performance training and specialized academic environments. Altitude sports properties consist of Altitude Academies, Altitude Volleyball, CMAS, and NMBA. Altitude Academies provides tennis, golf, soccer, beach volleyball, and indoor volleyball programs.