Grow Capital, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2020
February 01, 2021 at 04:58 pm EST
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Grow Capital, Inc. announced earnings results for the first quarter ended September 30, 2020. For the first quarter, the company announced total revenue was USD 4.662 million compared to USD 598,662 a year ago. Operating loss was USD 927,522 compared to USD 733,020 a year ago. Net loss was USD 1.001 million compared to USD 248,893 a year ago. Basic loss per share was USD 0.06 compared to USD 0.03 a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.08 a year ago.
Grow Capital, Inc. is a software, technology and financial services holding company. The Company identifies, acquires, and incubates upstarts in the financial technology sector (FinTech) to provide its shareholders access to investment opportunities in small and medium-sized businesses. The Companyâs segments include Bombshell Technologies and Corporate, PERA and Appreciation. Bombshell Technologies and Corporate segment provides software which delivers customized back-office compliance, multi-pay commission processing, and new client application submission system, along with digital engagement marketing services centric to financial services. PERA segment provides leads for insurance agents to connect retirement professionals and public employees to trusted insurance advisors. Appreciation segment provides full-service retirement planning. The Companyâs subsidiaries include Resort at Lake Selmac, Inc. and Bombshell Technologies, Inc.
GROW CAPITAL, INC. 
