HFactor, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 21, 2022 at 07:45 am EST
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HFactor, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.272329 million compared to USD 0.513174 million a year ago. Revenue was USD 0.272329 million compared to USD 0.513174 million a year ago. Net loss was USD 0.624996 million compared to USD 0.463443 million a year ago. Basic loss per share from continuing operations was USD 0.013 compared to USD 0.0072 a year ago. Diluted loss per share from continuing operations was USD 0.013 compared to USD 0.0072 a year ago.
For the nine months, sales was USD 1.47 million compared to USD 0.513174 million a year ago. Revenue was USD 1.47 million compared to USD 0.513174 million a year ago. Net loss was USD 2.09 million compared to USD 0.718908 million a year ago. Basic loss per share from continuing operations was USD 0.0434 compared to USD 0.0142 a year ago. Diluted loss per share from continuing operations was USD 0.0434 compared to USD 0.0142 a year ago.
HFactor, Inc. is engaged in the manufacturing, marketing, distribution and selling of HFactor hydrogen infused drinking water. The HFactor utilizes a patented chemical-free and magnesium-free process to infuse free hydrogen into its water. HFactor delivers it in the form of pure water for refreshing, functional hydration. HFactor delivers it in the form of pure water for refreshing, functional hydration. It provides different flavors of HFactor water, including Watermelon, Tart Cherry and HFactor Non-Flavored Hydrogen Water. Its HFactor Watermelon is water infused with pure hydrogen and contains only three ingredients: pure water, pure hydrogen and all natural flavors, zero calories and no sugar. It also offers its product in carry-anywhere hydro-pack. The Company's product provides therapeutic benefits for fitness, health and lifestyle recovery and wellness. It serves approximately 5,000 retail stores across 20 chains in addition to its growing e-commerce presence.