Touchpoint Group Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:41 am IST
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Touchpoint Group Holdings, 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 0.001 million compared to USD 0.034 million a year ago. Net loss was USD 1.49 million compared to USD 1.29 million a year ago.
For the six months, sales was USD 0.031 million compared to USD 0.066 million a year ago. Net loss was USD 2.52 million compared to USD 2.47 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 a year ago.
Touchpoint Group Holdings, Inc. (TGHI) is a holding company. The Company, through its subsidiaries, is engaged in the media and digital technology, primarily in sports entertainment and related technologies that bring fans closer to athletes and celebrities. The Company supplies a fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sports and entertainment business. The features of the Touchpoint APP and program includes live streaming, video content library, access to limited edition merchandise, including collectables such as limited-edition videos and other digitized media files (non-fungible tokens (NFT)), full end to end shop module, metaverse ready gamification, user rewards, third party-branded offers, credit cards, and associated benefits. The Company serves the United States and the United Kingdom.