Digital Brand Media & Marketing Group, Inc. Reports Earnings Results for the Second Quarter Ended February 28, 2021
April 12, 2021 at 03:30 pm EDT
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Digital Brand Media & Marketing Group, Inc. announced earnings results for the second quarter ended February 28, 2021. For the second quarter, the company announced sales was USD 38,117 compared to USD 80,666 a year ago. Operating loss was USD 93,174 compared to USD 105,760 a year ago. Net loss was USD 81,875 compared to USD 162,869 a year ago. For the half year, sales was USD 75,082 compared to USD 240,800 a year ago. Operating loss was USD 263,751 compared to USD 11,949 a year ago. Net loss was USD 329,537 compared to USD 176,601 a year ago.
Digital Brand Media & Marketing Group, Inc. crafts, designs and executes digital marketing strategies across multiple advertising (ad) platforms and social media networks for a broad array of clients to help each of them establish a uniform brand identity across the digital universe. The Company's subsidiary is Stylar Limited, which is doing business as Digital Clarity. Digital Clarity is a provider of marketing consulting and advisory solutions, empowering businesses to achieve their marketing goals through strategic insights, use of technologies, artificial intelligence and customer service. Digital Clarity helps its clients in various areas, such as blog posts, white papers, short-form articles, case studies, infographics, podcasts, videos, e-mail and LinkedIn. Digital Clarity provides services to various sectors, such as business to business (B2B), e-commerce, software and software services sector (SaaS), blockchain, fintech, software sales and technology.