RDE, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
April 08, 2022 at 03:54 pm EDT
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RDE, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 3.32 million compared to USD 2.64 million a year ago. Net loss was USD 4.99 million compared to USD 3.78 million a year ago. Basic loss per share from continuing operations was USD 0.41 compared to USD 1.08 a year ago. Basic loss per share was USD 0.41 compared to USD 0.61 a year ago.
RDE, Inc. owns and operates Restaurant.com, a pioneer in the restaurant deal space and the nationâs restaurant-focused digital deals brand. The Company has two principal divisions, business-to-consumer (B2C) and business-to-business (B2B), for both CardCash and for Restaurant.com. CardCash operates as a gift card exchange platform, facilitating the purchase and sale of unused gift cards at discounted rates for both consumers and businesses. CardCashâs core service offering includes the buying and selling of gift cards from over 1,100 retailers, such as Target, Home Depot, Starbucks and TJ Maxx, among others. In addition to its consumer-focused operations, CardCash provides white-label solutions for brands, allowing them to integrate gift card exchange capabilities into their own platforms. Its Specials by Restaurant.com, which bundles Restaurant.com certificates with a variety of other entertainment options, including theatre, movies, wine and travel.
RDE, INC. 
