GPO Plus, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2022
December 10, 2022 at 02:46 am IST
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GPO Plus, Inc. reported earnings results for the second quarter and six months ended October 31, 2022. For the second quarter, the company reported sales was USD 0.064658 million compared to USD 0.229161 million a year ago. Net loss was USD 1.41 million compared to USD 3.11 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.16 a year ago.
For the six months, sales was USD 0.082321 million compared to USD 0.598719 million a year ago. Net loss was USD 1.78 million compared to USD 22.22 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 1.23 a year ago.
GPO Plus, Inc. is engaged in the business of organizing, promoting, and operating industry-specific group purchase organizations (GPOs). Its product categories include Vitamins, Nutraceuticals + Nutritional Products; Tobacco, such as Disposable Nicotine Vape Products+ Accessories; General Merchandise for Specialty Retailers, and Recreational Hemp, Kratom + CBD Consumer Packaged Goods. The Companyâ s divisions include DISTRO+, Nutriumph Supplements, Feel Good Shop+, and GPOX Labs. DISTRO+ is a group purchasing organization (GPO) + distributor of premium products for the specialty retailer sector and wholesalers. Nutriumph is a supplement company that offer nutraceuticals to assist consumers to reach their health and wellness goals with natural ingredients. The Feel-Good Shop+ offers a range of cannabidiol (CBD) and other hemp-derived cannabinoid products. The Feel-Good Shop+ offers consumers a range of hemp-derived cannabinoid products, including Delta-8 and hexahydrocannabinol (HHC).
GPO PLUS, INC. 