Blueone Card Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
August 06, 2021 at 12:04 am IST
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Blueone Card Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced operating loss was USD 108,058 compared to USD 21,901 a year ago. Net loss was USD 108,782 compared to USD 22,495 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 1.15 a year ago.
BlueOne Card, Inc. is a reseller of an all-in-one prepaid, branded card. The Company provides payout solutions and prepaid debit card and gift card solutions to consumers and corporations, transforming card-to-card cross border real time global money transfers. The Company targets those customers who are unbanked, non-bankable, and who have needs crossing international borders. The Company's Program Manager offers prepaid, branded cards that provide consumer benefits, such as no overdraft fees, no interest fees, virtual bank accounts, and free direct deposit. It acts as a reseller of the Program Managerâs prepaid, branded cards pursuant to the reseller agreement. The Program Manager provides a global remittance network (GRN), which helps to connect any proprietary accounts or card systems to other systems worldwide. The Company markets the Program Managerâs products and services through an extensive network of sales representatives and through its Website, www.blueonecard.com.