Digital Brand Media & Marketing Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2022
July 14, 2022 at 04:16 pm EDT
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Digital Brand Media & Marketing Group, Inc. reported earnings results for the third quarter and nine months ended May 31, 2022. For the third quarter, the company reported sales was USD 0.06813 million compared to USD 0.045456 million a year ago. Net loss was USD 0.282895 million compared to USD 0.194046 million a year ago.
For the nine months, sales was USD 0.164976 million compared to USD 0.120538 million a year ago. Net loss was USD 0.405118 million compared to USD 0.530201 million 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.