Balance Labs, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 03:37 pm EST
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Balance Labs, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 86,407 compared to USD 137,720 a year ago. Net loss was USD 269,119 compared to USD 252,463 a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. For the nine months, operating loss was USD 297,746 compared to USD 452,864 a year ago. Net loss was USD 499,841 compared to USD 645,789 a year ago. Basic loss per share was USD 0.02 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.02 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.
BALANCE LABS, INC. 
