Earth Science Tech, Inc. Reports Earnings Results for the Second Quarter Ended September 30, 2020
November 13, 2020 at 11:18 am EST
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Earth Science Tech, Inc. announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced sales was USD 26,551 compared to USD 139,648 a year ago. Operating loss was USD 155,493 compared to USD 237,570 a year ago. Net loss was USD 167,988 compared to USD 250,290 a year ago. For the half year, sales was USD 98,631 compared to USD 367,283 a year ago. Operating loss was USD 4.030 million compared to USD 579,693 a year ago. Net loss was USD 4.055 million compared to USD 756,987 a year ago.
Earth Science Tech, Inc. is a holding company in the compounding pharmaceuticals and telemedicine sectors, through its wholly owned subsidiaries, RxCompoundStore.com, LLC. (RxCompound), Peaks Curative, LLC. (Peaks), and Earth Science Foundation, Inc. (ESF). RxCompound is a complete compounding pharmacy. RxCompound is licensed to fulfill prescriptions in the states of Florida, New York, New Jersey, Delaware, Pennsylvania, Rhode Island, Nevada, Colorado, and Arizona. Peaks is a telemedicine referral site focused on menâs health. Peaks orders are fulfilled by RxCompound. Patients who order Peaks via monthly subscription receive their refills automatically. Peaks is focused on menâs health, and, more specifically, ED. ESF accepts grants and donations to help those in need of assistance in paying for prescriptions.