Balance Labs, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:34 pm EDT
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Balance Labs, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 95,948 compared to USD 112,603 a year ago. Net income was USD 7,407 compared to net loss of USD 145,681 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the half year, operating loss was USD 211,339 compared to USD 315,144 a year ago. Net loss was USD 230,722 compared to USD 393,326 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 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.