HUMBL, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 04:02 pm EDT
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HUMBL, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 1.11 million compared to USD 0.123746 million a year ago. Net loss was USD 7.94 million compared to USD 21.2 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.02 a year ago.
For the six months, sales was USD 2.26 million compared to USD 0.27785 million a year ago. Net loss was USD 20.41 million compared to USD 22.63 million a year ago. Basic loss per share was USD 0.02 compared to USD 0.02 a year ago.
HUMBL, Inc. is a Web 3, digital commerce company, which connects consumers, businesses and governments in the digital economy. The Company provides tools and packaging for technologies, such as blockchain. It is built on a patent-pending, decentralized technology stack that utilizes both core and partner technologies, to provide connections to the digital economy and each other. The Company is organized into two divisions: HUMBL Consumer and HUMBL Commercial. It delivers a digital wallet and Website as its core services. Its services include HUMBL Wallet, HUMBL.com-Website and HUMBL Commercial Services. The HUMBL Wallet consolidates a variety of services for customers in one place and helps it to verify customers and merchants. The HUMBL Wallet is available for download on app stores. HUMBL Website consists of HUMBL Search Engine, HUMBL Tickets, HUMBL Marketplace, HUMBL Social Media and HUMBL Metaverse Stores. HUMBL is the Official Technology Platform of the Arena Football League.