Blue Line Protection Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:28 pm EST
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Blue Line Protection Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.912453 million compared to USD 1.16 million a year ago. Net loss was USD 0.099928 million compared to USD 0.441695 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.05 a year ago.
For the nine months, sales was USD 2.9 million compared to USD 3.58 million a year ago. Net loss was USD 0.064188 million compared to net income of USD 0.421424 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago.
Blue Line Protection Group, Inc. provides armed protection and transportation, currency processing and training, and compliance services for businesses engaged in the legal cannabis industry. The Company provides logistics, and compliance services for businesses engaged in the legal cannabis industry. The Company offers asset logistic services, such as armed transportation service, including shipment protection, money escorts, asset vaulting, financial services, such as handling transportation and storage of currency; training; and compliance services. It offers a fully integrated approach to managing the movement of cannabis and cash from growers through dispensaries via armed and armored transport, currency processing, vaulting and related credit. It supplies asset protection via armored transportation and currency processing services to licensees in Colorado, Arizona, Nevada, and New Mexico, out of its two business locations.
BLUE LINE PROTECTION GROUP, INC. 
