Free Flow, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 12:21 pm EDT
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Free Flow, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 164,401 compared to USD 58,784 a year ago. Operating income was USD 76,548 compared to operating loss of USD 34,405 a year ago. Net income was USD 79,858 compared to net loss of USD 34,405 a year ago. Basic earnings per share from continuing operations was USD 0.003 compared to USD 0.01 a year ago. For the half year, total revenue was USD 280,780 compared to USD 147,569 a year ago. Operating income was USD 105,072 compared to operating loss of USD 105,522 a year ago. Net income was USD 105,072 compared to net loss of USD 105,522 a year ago. Basic earnings per share from continuing operations was USD 0.004 compared to basic loss per share from continuing operations of USD 0.004 a year ago.
Free Flow, Inc. is focused on the development of the solar energy business along with pharmaceutical (skin care product line). The Companyâs subsidiaries include Accurate Auto Parts, Inc., FFLO - Inside Auto Parts, Inc., and Motor & Metals, Inc. Accurate Auto Parts, Inc. is engaged in the business of selling used auto parts from a recycling facility in King George, Virginia. Motors & Metals, Inc. is engaged in the development of export business.