Sunstock, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 06:07 am EST
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Sunstock, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 3 million compared to USD 3.29 million a year ago. Net loss was USD 0.091734 million compared to USD 0.059402 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
For the nine months, sales was USD 9.5 million compared to USD 9.81 million a year ago. Net loss was USD 0.263891 million compared to USD 0.051064 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.01 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. 
