GPO Plus, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023
March 09, 2023 at 06:24 am EST
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GPO Plus, Inc. reported earnings results for the third quarter and nine months ended January 31, 2023. For the third quarter, the company reported sales was USD 0.10462 million compared to USD 0.397094 million a year ago. Net loss was USD 0.871159 million compared to USD 6.77 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.3 a year ago.
For the nine months, sales was USD 0.186941 million compared to USD 0.995813 million a year ago. Net loss was USD 2.65 million compared to USD 28.99 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 1.48 a year ago.
GPO Plus, Inc. is engaged in the business of organizing, promoting, and operating industry-specific group purchase organizations (GPOs). Its product categories include Vitamins, Nutraceuticals + Nutritional Products; Tobacco, such as Disposable Nicotine Vape Products+ Accessories; General Merchandise for Specialty Retailers, and Recreational Hemp, Kratom + CBD Consumer Packaged Goods. The Companyâ s divisions include DISTRO+, Nutriumph Supplements, Feel Good Shop+, and GPOX Labs. DISTRO+ is a group purchasing organization (GPO) + distributor of premium products for the specialty retailer sector and wholesalers. Nutriumph is a supplement company that offer nutraceuticals to assist consumers to reach their health and wellness goals with natural ingredients. The Feel-Good Shop+ offers a range of cannabidiol (CBD) and other hemp-derived cannabinoid products. The Feel-Good Shop+ offers consumers a range of hemp-derived cannabinoid products, including Delta-8 and hexahydrocannabinol (HHC).
GPO PLUS, INC. 
