Rde, Inc. Reports Earnings Results for the Half Year Ended June 30, 2021
September 28, 2021 at 11:52 am EDT
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RDE, Inc. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was USD 1.599 million compared to USD 1.047 million a year ago. Operating loss was USD 4.012 million compared to USD 1.600 million a year ago. Net loss was USD 3.439 million compared to USD 3.397 million a year ago. Basic loss per share from continuing operations was USD 0.3 compared to USD 0.84 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. 
