Enterprise Diversified, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 02:05 am IST
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Enterprise Diversified, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was USD 5.247 million compared to USD 3.589 million a year ago. Operating income was USD 2.981 million compared to USD 701,319 a year ago. Net income was USD 3.279 million compared to net loss of USD 5.378 million a year ago. Basic earnings per share was USD 1.26 compared to basic loss per share of USD 2.11 a year ago. Basic earnings per share from continuing operations was USD 1.2 compared to basic loss per share from continuing operations of USD 1.52 a year ago.
Enterprise Diversified, Inc. is focused primarily on financial products and services. The Company operates through four segments: Asset Management Operations, Real Estate Operations, Internet Operations and Other Operations. Asset Management Operations segment includes activities from various joint ventures, service offerings and initiatives undertaken in the asset management industry. Real Estate Operations segment includes activities related to the management of legacy properties held for investment and held for resale through EDI Real Estate located in Roanoke, Virginia, and its equity in Mt Melrose, LLC, which managed properties held for investment and held for resale located in Lexington, Kentucky. Internet Operations segment activities related to its sale of Internet access, hosting, storage and other ancillary services. Other Operations segment include corporate operations and nonrecurring or one-time strategic funding or similar other activity.
ENTERPRISE DIVERSIFIED, INC. 
