Aftermaster, Inc. Reports Earnings Results for the Full Year Ended June 30, 2019
October 15, 2019 at 04:34 pm EDT
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AfterMaster, Inc. announced earnings results for the full year ended June 30, 2019. For the full year, the company announced total revenue was USD 976,322 compared to USD 1.649 million a year ago. Operating loss was USD 3.927 million compared to USD 4.376 million a year ago. Net loss was USD 9.302 million compared to USD 4.253 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.03 a year ago.
Aftermaster, Inc. (Aftermaster) is an audio technology and products company. The Company and its subsidiaries are engaged in the development and commercialization of audio and video technologies and products for professional and consumer use, including Aftermaster Audio, ProMaster, Aftermaster Pro, HearClearTV, the Superbar, Aftermaster Studio Pro and MyStudio. It also operates recording and mastering studios at its facilities in Hollywood, California. Its Aftermaster audio technology is an internally developed mastering, remastering and audio processing technology. Aftermaster Pro is a personal audio re-mastering device. HearClear TV is a portable television (TV) audio remastering product. Promaster is an online music mastering, streaming, and storage service designed for independent artists, audio technologies developed by Aftermaster. The Company offers professional hands-on mastering services and instant online mastering through its Promaster brand for music, TV and film.