HFactor, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 10:45 pm IST
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HFactor, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.600495 million. Revenue was USD 0.600495 million. Net loss was USD 0.65543 million compared to USD 0.246231 million a year ago. Basic loss per share from continuing operations was USD 0.0136 compared to USD 0.0056 a year ago. Diluted loss per share from continuing operations was USD 0.0136 compared to USD 0.0056 a year ago.
For the six months, sales was USD 1.2 million. Revenue was USD 1.2 million. Net loss was USD 1.46 million compared to USD 0.255465 million a year ago. Basic loss per share from continuing operations was USD 0.0304 compared to USD 0.0058 a year ago. Diluted loss per share from continuing operations was USD 0.0304 compared to USD 0.0058 a year ago.
HFactor, Inc. is engaged in the manufacturing, marketing, distribution and selling of HFactor hydrogen infused drinking water. The HFactor utilizes a patented chemical-free and magnesium-free process to infuse free hydrogen into its water. HFactor delivers it in the form of pure water for refreshing, functional hydration. HFactor delivers it in the form of pure water for refreshing, functional hydration. It provides different flavors of HFactor water, including Watermelon, Tart Cherry and HFactor Non-Flavored Hydrogen Water. Its HFactor Watermelon is water infused with pure hydrogen and contains only three ingredients: pure water, pure hydrogen and all natural flavors, zero calories and no sugar. It also offers its product in carry-anywhere hydro-pack. The Company's product provides therapeutic benefits for fitness, health and lifestyle recovery and wellness. It serves approximately 5,000 retail stores across 20 chains in addition to its growing e-commerce presence.