Altitude International, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 03:46 pm IST
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Altitude International, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 1,186 compared to USD 226,195 a year ago. Operating loss was USD 274,458 compared to USD 719,907 a year ago. Net loss was USD 328,547 compared to USD 743,886 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 a year ago.
Altitude International Holdings, Inc (Altitude) is a vertically integrated high-performance sports, education, and technology company. The Company owns and operates sports training and educational institutions, manufacture oxygen training chambers and manufacture atmospheric water generators. Altitude has specialized in creating engineered, membrane-based designs for simulated altitude training environments. The product line ranges from personal at home use machines to fully integrated environmental rooms and chambers, and has been used by colleges, the National Football League (NFL) and National Basketball Association (NBA). The Company operates in various business divisions through its subsidiaries, mainly within performance training and specialized academic environments. Altitude sports properties consist of Altitude Academies, Altitude Volleyball, CMAS, and NMBA. Altitude Academies provides tennis, golf, soccer, beach volleyball, and indoor volleyball programs.