Kaya Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
April 18, 2022 at 08:35 am EDT
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Kaya Holdings, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 0.889899 million compared to USD 1.03 million a year ago. Net income was USD 9.72 million compared to net loss of USD 12.1 million a year ago. Basic earnings per share from continuing operations was USD 0.66 compared to basic loss per share from continuing operations of USD 0.92 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to diluted loss per share from continuing operations of USD 0.92 a year ago.
Kaya Holdings, Inc. is a holding company. The Company is focused on wellness and mental health through operations in medical and recreational cannabis, cannabidiol (CBD) products, and psychedelic treatment clinics. The Company produces, distributes, and/or sells a full range of cannabis products including flowers, oils, vape cartridges, and cannabis-infused confections, baked goods, and beverages through a fully integrated group of subsidiaries and companies supporting highly distinctive brands. It operates through three majority-owned subsidiaries, which include Marijuana Holdings Americas, Inc. (MJAI), Kaya Brands USA, Inc. (KBUS) and Kaya Brand International, Inc. (KBI). MJAI operates its United States based cannabis operations including its Kaya Shack retail brand and the Kaya Farms cultivation brand. KBUS manages cannabis and cannabidiol (CBD) products, which include cannabis extracts and concentrates, vape cartridges, chocolates, gummies and chews, foods and cannaceuticals.
KAYA HOLDINGS, INC. 
