Treasure & Shipwreck Recovery, Inc. Reports Earnings Results for the Second Quarter Ended October 31, 2020
December 16, 2020 at 05:11 pm EST
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Treasure & Shipwreck Recovery, Inc. announced earnings results for the second quarter ended October 31, 2020. For the second quarter, the company announced operating loss was USD 174,573 compared to USD 119,788 a year ago. Net loss was USD 92,073 compared to USD 119,788 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 a year ago. For the half year, operating loss was USD 375,303 compared to USD 122,288 a year ago. Net loss was USD 292,803 compared to USD 122,288 a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago.
NAPC Defense, formerly Treasure & Shipwreck Recovery Inc., is engaged in the colonial era treasure shipwreck recovery business operating salvage crews on the east coast of Florida. The Company, through its wholly owned subsidiary, TSR Holdings, Inc., focuses on the recovery of sunken treasure from historic shipwrecks. The Company, through TSR Media Group, Inc. (TSR Media), develops various digital media properties. TSR Media is in the process of developing, through an outside app developer, a treasure search and salvage gaming app.