Sunstock, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:26 pm EDT
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Sunstock, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 3.16 million compared to USD 3.27 million a year ago. Net loss was USD 0.160511 million compared to USD 0.094555 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.02 a year ago.
For the six months, sales was USD 6.5 million compared to USD 6.52 million a year ago. Net loss was USD 0.172157 million compared to net income of USD 0.008338 million a year ago. Basic loss per share from continuing operations was USD 0.04.
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. 
