Simply, Inc. Reports Earnings Results for the Full Year Ended January 29, 2022
April 22, 2022 at 11:31 am EDT
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Simply, Inc. reported earnings results for the full year ended January 29, 2022. For the full year, the company reported sales was USD 79.11 million compared to USD 68.02 million a year ago. Net loss was USD 11.12 million compared to net income of USD 4.28 million a year ago. Basic loss per share from continuing operations was USD 0.93 compared to basic earnings per share from continuing operations of USD 0.44 a year ago. Diluted loss per share from continuing operations was USD 0.93 compared to diluted earnings per share from continuing operations of USD 0.44 a year ago. Basic loss per share was USD 0.93 compared to basic earnings per share of USD 0.43 a year ago. Diluted loss per share was USD 0.93 compared to diluted earnings per share of USD 0.42 a year ago.
Simply, Inc. has filed a voluntary petition for relief under the provisions of Chapter 7 of Title 11 of the United States Code. The Company's wholly owned subsidiary Simply Mac, Inc. has separately commenced bankruptcy proceedings by filing a voluntary petition for relief under the provisions of Chapter 7 of the Bankruptcy Code. The assets of the Company shall be liquidated in accordance with the Bankruptcy Code. The Company has no business operations.
SIMPLY, INC. 
