Balance Labs, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
July 06, 2020 at 03:53 pm EDT
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Balance Labs, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was USD 0 compared to USD 3,333 a year ago. Operating loss was USD 115,391 compared to USD 202,541 a year ago. Net loss was USD 238,129 compared to USD 247,645 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
Balance Labs, Inc. is a consulting company. The Company provides business development and consulting services to start-up and development stage businesses. It provides businesses in various industries with customized consulting services to meet their business needs and help them improve their business models, sales and marketing plans and internal operations, as well as introduce the businesses to experienced professional contacts, which improves their businesses. It offers various services including business model development, including marketing research, naming and branding; business plan writing; financial modeling; Website and mobile application development; employee and board member recruitment; patent/trademark filing assistance; professional introductions; product or service development; product production; develop marketing material; product or service placement, and celebrity endorsements. It also seeks to offer executive office sharing and additional ancillary services.