Grapefruit Usa Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 05:05 pm EDT
Grapefruit USA Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 880,652 compared to USD 3,345 a year ago. Operating loss was USD 349,589 compared to USD 388,338 a year ago. Net income was USD 392,181 compared to net loss of USD 422,553 a year ago. For the half year, total revenue was USD 1.274 million compared to USD 332,041 a year ago. Operating loss was USD 712,150 compared to USD 409,901 a year ago. Net loss was USD 2.380 million compared to USD 659,184 a year ago.