KwikClick, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 22, 2022 at 02:32 pm EDT
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KwikClick, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 0.222189 million. Net loss was USD 1.35 million compared to USD 0.33205 million a year ago. Basic loss per share from continuing operations was USD 0.01.
For the six months, revenue was USD 0.4761 million. Net loss was USD 2.27 million compared to USD 0.577654 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
KwikClick, Inc. is a social interaction, selling, and referral software platform. The Company conducts all its activities through its wholly owned subsidiary, KWIKClick, LLC. Stores and manufacturers (Brands) promote their products or services on the KWIKClick software platform, pay nothing to use the platform, which connects them to promoters, influencers, and customers, all referred to as affiliates. Consumers who open a KWIKClick account become users, receive a cash-back reward for all purchases they make, and can immediately share their own automatically encoded link, associated with the product they purchased, to other consumers. Shared links that lead to a purchase and/or repurchases result in commission payments are electronically paid to the referrer. The KWIKClick software passively identifies the participant in the campaign who made the referral, and the corresponding individual who made the purchase.
KWIKCLICK, INC. 
