Lgbtq Loyalty Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 04:51 pm EST
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LGBTQ Loyalty Holdings, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 416,834 compared to USD 681,263 a year ago. Net loss was USD 372,727 compared to USD 1.106 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 nine months, sales was USD 560 compared to USD 2,812 a year ago. Operating loss was USD 1.397 million compared to USD 2.305 million a year ago. Net loss was USD 1.762 million compared to USD 4.183 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 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.