Bluma Wellness Inc. Reports Interim Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2020
November 30, 2020 at 08:30 am EST
Bluma Wellness Inc. reported interim consolidated earnings results for the third quarter and nine months ended September 30, 2020. For the quarter the company reported revenue of $3,133,811 compared to $151,027 a year ago. Net profit was $336,290 compared to net loss of $4,528,929 a year ago. Basic and diluted net profit per share was $0.00 compared to loss per share of $0.05 per share a year ago.
For the nine months, the company reported revenue of $6,368,034 compared to $151,027 a year ago. Net loss was $15,046,290 compared to $9,194,152 a year ago. Basic and diluted net loss per share was $0.16 compared to$0.13 per share a year ago.