Paid, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
April 01, 2019 at 05:24 pm EDT
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PAID, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was USD 9.253 million compared to USD 7.571 million a year ago. Operating loss was USD 11.655 million compared to USD 690,752 a year ago. Net loss was USD 11.531 million compared to USD 617,020 a year ago. Basic loss per share was USD 7.06 compared to USD 0.37 a year ago.
PAID, Inc. is engaged in developing software as a service (SaaS) based business services, including PaidPayments, PaidCart, PaidShipping and PaidWeb. These solutions are developed to provide businesses with a streamlined experience for Website creation, online sales, payment collection and shipping all in one platform. Its segments include Client services, Merchant processing services, Shipping coordination and label generation services, and Corporate operations. Its ShipTimeâs platform provides its members with the ability to quote, process, track and dispatch shipments while getting preferred rates on packages and skidded less than truckload (LTL) freight shipments throughout North America and around the world. Its BeerRun Software is a brewery management and alcohol and tobacco tax and trade bureau tax reporting software. Its platform includes a range features, such as mobile editing, search engine optimization, collaboration tools, and pre-designed templates.
PAID, INC. 
