Cmg Holdings Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 04:02 pm EDT
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CMG Holdings Group, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 140,758 compared to USD 1.778 million a year ago. Operating loss was USD 591,941 compared to USD 53,373 a year ago. Net income was USD 42,974 compared to USD 1.520 million a year ago. Basic eps - continuing operations was USD 0 compared to USD 0.003 a year ago.
CMG Holdings Group, Inc. is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. The Company's segments include XA The Experiential Agency, Inc. (XA) and CMG Holdings Group. It operates in the sectors of experiential marketing, event marketing, commercial rights, and talent management. Its experiential marketing includes production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, data analysis, and management. It also offers branding and design services, including graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations and interactive marketing platforms to provide its clients with a customary private digital media network to develop individual broadcasting digital media channels.