BorrowMoney.com, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2022
July 07, 2022 at 10:09 am EDT
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BorrowMoney.com, Inc. reported earnings results for the third quarter and nine months ended May 31, 2022. For the third quarter, the company reported net loss was USD 0.037656 million compared to USD 0.091655 million a year ago.
For the nine months, sales was USD 0.02493 million compared to USD 0.003 million a year ago. Net loss was USD 0.71966 million compared to USD 0.139564 million a year ago. Basic loss per share from continuing operations was USD 0.01.
BorrowMoney.com, Inc. is engaged in providing Internet-based platform that matches mortgage and loan providers with prospective borrowers. The Company offers to borrowers screened lenders and ensures the lenders trustworthiness and legitimacy. The Company provides institutional lenders with digital solutions by offering fintech technologically advanced gathered leads through an exclusive proprietary platform. Its online marketplace provides consumers with access to product offerings from its Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, deposit accounts, personal loans, student loans, small business loans and other related offerings. In addition, the Company offers tools and resources, including free credit scores that facilitate comparison shopping for these loans, deposits and other credit-based offerings. Its main objective is to provide lead generation services to the mortgage and loan lenders.