Lgbtq Loyalty Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 05:14 pm EDT
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LGBTQ Loyalty Holdings, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 500,599 compared to USD 593,563 a year ago. Net loss was USD 431,445 compared to USD 1.360 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the half year, sales was USD 560 compared to USD 2,064 a year ago. Operating loss was USD 980,473 compared to USD 1.624 million a year ago. Net loss was USD 1.389 million compared to USD 3.076 million 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.