Balance Labs, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
May 28, 2020 at 05:04 pm EDT
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Balance Labs, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 3,333 compared to USD 6,667 a year ago. Operating loss was USD 557,942 compared to USD 603,055 a year ago. Net loss was USD 884,217 compared to USD 547,678 a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.03 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.