30DC, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2014
For the six months, the company reported revenues of $876,789 from continuing operations compared to $2,150,625 during the fiscal second quarter period ending December 31, 2013. Net loss was $187,013 compared to a gain of $336,546 a year ago. The decrease in net income from continuing operations of $519,444 for the six month period ending December 2014 was due to the decrease in revenue of $1,273,836 offset by the decrease in operating expenses of $847,905 and forgiveness of debt income of $93,513 in the six months ending December 2013.