Digital Brand Media & Marketing Group, Inc. Reports Earnings Results for the Third Quarter Ended May 31, 2020
July 14, 2020 at 04:38 pm EDT
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Digital Brand Media & Marketing Group, Inc. announced earnings results for the third quarter ended May 31, 2020. For the third quarter, the company announced sales was USD 82,001 compared to USD 88,530 a year ago. Operating loss was USD 58,100 compared to USD 139,622 a year ago. Net loss was USD 128,527 compared to USD 206,169 a year ago. For the nine months, sales was USD 322,801 compared to USD 329,232 a year ago. Operating loss was USD 70,049 compared to USD 355,608 a year ago. Net loss was USD 305,128 compared to USD 458,440 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.
DIGITAL BRAND MEDIA & MARKETING GROUP, INC. 
