Photozou Holdings, Inc. Reports Earnings Results for the Third Quarter Ended August 31, 2020
October 15, 2020 at 11:45 am EDT
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Photozou Holdings, Inc. announced earnings results for the third quarter ended August 31, 2020. For the third quarter, the company announced total revenue was USD 55,591 compared to USD 114,557 a year ago. Net loss was USD 15,487 compared to USD 22,094 a year ago. For the nine months, total revenue was USD 182,496 compared to USD 234,203 a year ago. Net loss was USD 63,271 compared to USD 68,259 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
PHOTOZOU HOLDINGS, INC. is a Japan-based holding company. The Company operates through its wholly-owned Japanese subsidiary, which is engaged in advertising services and selling used cameras. Its business operations are primarily focused around the sale of used cameras sold through the Website https://shop.photozou.co.jp/, and online advertising through various channels. The Company conducts two types of advertising services. These services include managing online photo contests and Website advertising services specifically geared toward advertisements that are placed on The Photozou-Social Networking Service. The aforementioned service is a social networking Website, primarily for photo sharing.