Starco Brands, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 03:48 pm EDT
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Starco Brands, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 1.365 million compared to USD 240,287 a year ago. Operating income was USD 527,129 compared to operating loss of USD 147,778 a year ago. Net income was USD 543,286 compared to net loss of USD 139,964 a year ago.
Starco Brands, Inc. is a consumer goods company. The Company operates in three segments: Starco Brands, Skylar, and Soylent. The Starco Brands segment is engaged in the development and sales of consumer goods products. The Starco Brands segment includes STCB, AOS, Whipshots Holdings and Whipshots LLC. The Skylar segment is involved in the sale of fragrances. The Soylent segment is engaged in the sale of nutritional products, mainly drinks. Its brands include Whipshots, the vodka-infused whipped cream; Art of Sport, the body care brand designed for athletes; Winona, the indulgent theater-popcorn spray powered by air; Skylar, the fragrance that is both hypoallergenic and safe for sensitive skin; Whipshots; and Soylent, a non-dairy nutrition brand. It commercializes consumer products manufactured by The Starco Group (TSG). TSG is a private label and branded aerosol and liquid fill manufacturer with manufacturing assets in verticals, including paints, coatings and adhesives, and household.
STARCO BRANDS, INC. 
