BlueOne Card, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 21, 2022 at 03:08 pm EST
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BlueOne Card, Inc. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported net loss was USD 0.142086 million compared to USD 0.152336 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 a year ago.
For the six months, net loss was USD 0.54643 million compared to USD 0.261118 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.03 a year ago.
BlueOne Card, Inc. is a reseller of an all-in-one prepaid, branded card. The Company provides payout solutions and prepaid debit card and gift card solutions to consumers and corporations, transforming card-to-card cross border real time global money transfers. The Company targets those customers who are unbanked, non-bankable, and who have needs crossing international borders. The Company's Program Manager offers prepaid, branded cards that provide consumer benefits, such as no overdraft fees, no interest fees, virtual bank accounts, and free direct deposit. It acts as a reseller of the Program Managerâs prepaid, branded cards pursuant to the reseller agreement. The Program Manager provides a global remittance network (GRN), which helps to connect any proprietary accounts or card systems to other systems worldwide. The Company markets the Program Managerâs products and services through an extensive network of sales representatives and through its Website, www.blueonecard.com.