Financial Gravity Companies, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2021
May 17, 2021 at 04:28 pm EDT
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Financial Gravity Companies, Inc. announced earnings results for the second quarter ended March 31, 2021. For the second quarter, the company announced total revenue was USD 1.681 million compared to USD 616,680 a year ago. Operating loss was USD 104,251 compared to USD 159,981 a year ago. Net loss was USD 103,786 compared to USD 162,107 a year ago. For the half year, total revenue was USD 3.389 million compared to USD 1.308 million a year ago. Operating loss was USD 292,276 compared to USD 318,105 a year ago. Net loss was USD 298,147 compared to USD 171,352 a year ago.
Financial Gravity Companies, Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. It helps tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Its subsidiaries include Financial Gravity Asset Management, Inc. (FGAM), Financial Gravity Enhanced Markets, LLC (FGEM), Tax Master Network (TMN), and Financial Gravity Family Office Services, LLC (FGFOS). FGAM is a registered investment advisor (RIA) that provides asset management services to individuals and businesses. FGEM is an insurance marketing organization and provides insurance products and services to insurance agencies. TMN provides tax services, including its Tax Blueprint system, which identifies strategies for lowering the client's taxes. FGFOS is an RIA that offers financial planning, and wealth management services to clients through investment advisors.
FINANCIAL GRAVITY COMPANIES, INC. 
