Sunstock, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
April 18, 2022 at 05:28 pm EDT
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Sunstock, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 14.02 million compared to USD 10.07 million a year ago. Net loss was USD 2.06 million compared to net income of USD 2.68 million a year ago. Basic loss per share from continuing operations was USD 0.53 compared to basic earnings per share from continuing operations of USD 1.12 a year ago. Diluted loss per share from continuing operations was USD 0.53 compared to diluted earnings per share from continuing operations of USD 0.85 a year ago.
Sunstock, Inc. is engaged in buying, selling, and distributing precious metals. The Company is primarily focused on gold. The Company operates one precious metal retail store under the Mom's Silver Shop name in Sacramento, California. The Mom's Silver Shop specializes in buying and selling gold, silver, and rare coins, and is a precious metals retailer. The Company is also engaged in acquiring mining assets as well as rights to purchase mining production and to sell these metals primarily through retail channels, including their own branded coins. The Company intends to focus on projects that already own amounts of unrefined but already mined-gold ore and other precious metals.
SUNSTOCK, INC. 
