LGBTQ Loyalty Holdings, Inc. Reports Earnings Results for the First quarter Ended March 31, 2021
May 17, 2021 at 04:51 pm EDT
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LGBTQ Loyalty Holdings, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 0 compared to USD 560 a year ago. Operating loss was USD 1.468 million compared to USD 479,875 a year ago. Net loss was USD 1.617 million compared to USD 958,468 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
LGBTQ Loyalty Holdings, Inc. is a financial methodology and media company. The Company is focused on unlocking the purchasing power of the LGTBQ community globally by offering a LGBTQ Index and core ETF portfolio that attract institutional investors and corporations. It provides the Loyalty Preference Index (the Index ETF), branded as the LGBTQ100 ESG Index, which is an environmental, social, and governance (ESG) Index. Its LGBTQ100 ESG Index integrates lesbian, gay, bisexual, transgender, and questioning (LGBTQ) community survey data into the methodology for a benchmark listing of the nations financially performing large-cap publicly listed corporations. The Index ETF provides the LGBTQ community and their allies with various Fortune 500 companies that support and implement diversity, inclusion, and equality policies within their organizations. The Company, through its wholly owned subsidiary, Loyalty Preference Index, Inc. (LPI), provides an index for the LGBTQ + ESG100 ETF.