Balance Labs, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:04 pm EDT
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Balance Labs, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced operating loss was USD 112,603 compared to USD 161,708 a year ago. Net loss was USD 145,681 compared to USD 275,840 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. For the half year, sales was USD 3,333 compared to USD 0 a year ago. Operating loss was USD 315,144 compared to USD 314,305 a year ago. Net loss was USD 393,326 compared to USD 188,606 a year ago. Basic loss per share from continuing operations was USD 0.02 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.