Right On Brands, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
April 15, 2024 at 04:45 pm EDT
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Right On Brands, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 0.342197 million compared to USD 0.259918 million a year ago. Net loss was USD 0.220986 million compared to USD 0.069318 million a year ago. Basic loss per share from continuing operations was USD 0.01.
For the nine months, sales was USD 1.08 million compared to USD 0.809383 million a year ago. Net loss was USD 0.391922 million compared to net income of USD 0.028435 million a year ago. Basic loss per share from continuing operations was USD 0.02.
Right on Brands, Inc. is engaged in the sale of health and wellness products. The Companyâs business is conducted through its wholly owned subsidiaries, Endo Brands, Inc. (Endo Brands), Endo Wellness Centers, and Humble Water Company. The Company creates and markets a line of cannabidiol (CBD) consumer products. It creates brands with functional ingredients, and its focus is industrial hemp, hemp derived cannabinoids, and high alkaline water. Its Endo Brands include ENDO Drops, ENDO Ease, ENDO Tokes, and ENDO Gummies. ENDO Drops is a daily CBD, CBN or Delta-8 supplementation. ENDO Ease is its Endo Select Hemp Oil used as either a warming lotion, cooling lotion or salve. Its ENDO Tokes products are a range of products made for people who would rather smoke their CBD or Delta-8. It sells three different types of gummies, such as CBD, CBD and Melatonin, and Delta-8. The Company uses various manufacturers and co-packers to create its Endo branded products.
RIGHT ON BRANDS, INC. 
