VPR Brands, LP Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 15, 2022 at 02:39 am IST
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VPR Brands, LP reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1.23 million compared to USD 1.65 million a year ago. Net loss was USD 0.054521 million compared to USD 0.048414 million a year ago.
For the nine months, sales was USD 3.21 million compared to USD 4.61 million a year ago. Net loss was USD 0.128029 million compared to net income of USD 0.114721 million a year ago.
VPR Brands, LP is a technology company and an intellectual property (IP) holding company. The Company is engaged in various monetization strategies of its United States patents covering electronic cigarette, vaporizer technologies, and related accessories. It designs, develops, markets, and distributes products oriented towards the cannabis markets, including the ELF and HONEYSTICK brand of vaporizers and DISSIM Lighters. It has several trademarks (ELF, HONEYSTICK, PHANTOM, RIPPER, VPOD, VAPOR X) for licensing activities. The Company is also engaged in product development for the vapor or vaping market, including e-liquids. Electronic cigarettes are electronic devices, which deliver nicotine through atomization, or vaping of e-liquids and without smoke, and other chemicals constituents typically found in traditional tobacco burning cigarette products.
VPR BRANDS, LP 