OpenLocker Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended January 31, 2024
March 15, 2024 at 04:27 pm EDT
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OpenLocker Holdings, Inc. reported earnings results for the second quarter and six months ended January 31, 2024. For the second quarter, the company reported sales was USD 0.003679 million compared to USD 0.005949 million a year ago. Revenue was USD 0.007729 million compared to USD 0.005949 million a year ago. Net loss was USD 0.141005 million compared to USD 0.761097 million a year ago.
For the six months, sales was USD 0.00626 million compared to USD 0.011089 million a year ago. Revenue was USD 0.01631 million compared to USD 0.011089 million a year ago. Net loss was USD 0.612978 million compared to USD 1.33 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago.
OpenLocker Holdings, Inc. (OpenLocker) is a technology platform for athletes and brands. OpenLocker builds fan communities on the Blockchain, primarily for colleges and universities using student-athletes Name, Image and Likeness (NIL). OpenLocker increases engagement among fans, athletes and brands through digital and physical collectibles and provides user utility, perks and experiences. OpenLocker delivers digital loyalty and marketing within sports and entertainment and across other industries. OpenLocker also offers physical collectibles, including autographed collectibles and personalized experiences (meet-and-greet or customized activity) with the athlete, arranged by OpenLocker with the athletes input and approval. It connects the digital and physical worlds by creating wallet-sized physical collectibles with the digital art printed on one side with a quick response (QR) code that directs to the fan community Website. Its portfolio includes OpenStable, Lionz Club and others.