Arc Group Worldwide, Inc. Reports Earnings Results for the Full Year Ended June 30, 2020
January 17, 2021
Share
ARC Group Worldwide, Inc. announced earnings results for the full year ended June 30, 2020. For the full year, the company announced sales was USD 48.526 million compared to USD 60.060 million a year ago. Operating loss was USD 1.634 million compared to USD 7.105 million a year ago. Net loss was USD 5.287 million compared to USD 24.016 million a year ago. Basic loss per share was USD 0.23 compared to USD 1.03 a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 0.44 a year ago.
RM2 International, Inc. is the owner and operator of the BLOCKPal, a technologically advanced, composite pallet. The Company provides its customers with end-to-end logistics Intelligence Optimization & Tracking (RM2 ELIoT) Internet of Things (IoT) technology for pallet traceability, delivering real-time actionable insights and data to improve the supply chain visibility to the manufacturing and distribution businesses it serves. The BLOCKPal pallets are provided to customers across a range of industries, with a particular focus on those where hygiene and traceability are of critical importance. Its IoT sensor data are transmitted to the cloud via the long-term evolution-machine (LTE-M) network, making visible the palletâs location and condition both indoors and in transit without requiring any additional hardware or information technology (IT) development. The Companyâs RM2 ELIoT is a cloud-based supply chain intelligence platform. It issues more than 1.5 million pallets annually.
RM2 INTERNATIONAL, INC. 
