Grow Capital, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2021
May 24, 2021 at 05:15 pm EDT
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Grow Capital, Inc. announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced total revenue was USD 8.071 million compared to USD 565,314 a year ago. Operating loss was USD 992,494 compared to USD 594,824 a year ago. Net loss was USD 561,717 compared to USD 613,379 a year ago. Basic loss per share was USD 0.03 compared to USD 0.05 a year ago. For the nine months, total revenue was USD 21.581 million compared to USD 1.800 million a year ago. Operating loss was USD 2.709 million compared to USD 1.730 million a year ago. Net loss was USD 1.542 million compared to USD 1.243 million a year ago. Basic loss per share was USD 0.12 compared to USD 0.11 a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.15 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. 
