Rocketfuel Blockchain, Inc. Reports Earnings Results for the Full Year Ended March 31, 2021
July 22, 2021 at 03:08 pm EDT
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RocketFuel Blockchain, Inc. announced earnings results for the full year ended March 31, 2021. For the full year, the company announced operating loss was USD 2.363 million compared to USD 125,039 a year ago. Net loss was USD 2.363 million compared to USD 125,039 a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.01 a year ago.
RocketFuel Blockchain, Inc. provides payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH. The Company's solutions consist of a blockchain-based check-out system enabling shoppers on e-commerce sites to pay using cryptocurrencies and direct bank transfers, a payouts solution that enables businesses to make payments to their vendors and service providers via cryptocurrencies and bank transfers, and a B2B cross border solution allowing businesses to send cross-border payments to themselves and their affiliates and subsidiaries using stable coins. Its check-out systems also include a customer portal where shoppers are able to track their payments, configure payment defaults and connect with various cryptocurrency exchanges and banks to facilitate payment to merchants. It enables merchants to integrate a pop-up user interface that allows customers to pay directly from their ecommerce checkout page.
ROCKETFUEL BLOCKCHAIN, INC. 
