Social Life Network, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 06:31 am EDT
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Social Life Network, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 90,000 compared to USD 69,792 a year ago. Operating loss was USD 97,664 compared to USD 134,908 a year ago. Net loss was USD 97,664 compared to USD 122,277 a year ago. For the half year, total revenue was USD 152,500 compared to USD 141,534 a year ago. Operating loss was USD 226,030 compared to USD 284,798 a year ago. Net loss was USD 142,876 compared to USD 340,957 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.