Decentral Life, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 04:06 pm EDT
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Decentral Life, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 0.14 million compared to USD 0.09 million a year ago. Net income was USD 0.059244 million compared to net loss of USD 0.097664 million a year ago.
For the six months, revenue was USD 0.14 million compared to USD 0.1525 million a year ago. Net income was USD 0.008946 million compared to net loss of USD 1.96 million a year ago.
Decentral Life, Inc. provides technology business incubator (TBI). The Company operates through individual software as a service (SaaS) licensing agreements with its TBI participating companies and provides each TBI company with the use of its technology platform to run their own social networking and ecommerce company. Various industry specific companies participate and operate in its TBI program, such as the hunting, fishing, camping, RV travel, motor racing, racket sports, boating, e-biking, cycling, golfing, cannabis, hemp, space exploration, soccer, transportation, blockchain, artificial intelligent (AI), and residential real estate sectors. The Company offers WDLF token. Its WDLF Ethereum tokens (ERC20) are mined by the users of its technology platform that is licensed by companies in its TBI program. The Company operates and supports the ongoing technology development of its platform, used by consumers and companies across 120 countries worldwide.