Bergio International, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 09:58 am EST
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Bergio International, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 137,340 compared to USD 137,032 a year ago. Operating income was USD 4,047 compared to operating loss of USD 19,417 a year ago. Net income was USD 388,846 compared to net loss of USD 52,335 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.21 a year ago. Diluted eps - continuing operations was USD 0 compared to diluted loss per share from continuing operations of USD 0.21 a year ago. For the nine months, sales was USD 290,677 compared to USD 358,104 a year ago. Operating loss was USD 292,609 compared to USD 162,156 a year ago. Net loss was USD 173,360 compared to USD 254,528 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.38 a year ago.
Bergio International, Inc. is engaged in the product design, manufacturing and distribution of fine jewelry primarily in the United States. Its products consist of a range of jewelry styles and designs made from precious metals, such as gold, platinum and Karat gold, as well as other precious stones. Its product range is divided into three fashion lines: an 18 karats (K) gold line, a bridal line, and a couture and/or one of kind pieces. The Bergio brand is associated with handcrafted and individually designed pieces with European sensibility, Italian craftsmanship and a bold flair for the unexpected. The Bergio brand designs consist of upscale jewelry that includes white diamonds, yellow diamonds, pearls, and colored stones, in 18K gold, platinum, and palladium. It designs and produces approximately 100 to 150 product styles. Its manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities located in Italy.
BERGIO INTERNATIONAL, INC. 
