Vynleads, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 11:28 pm IST
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Vynleads, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 15,725 compared to USD 96,104 a year ago. Operating loss was USD 111,964 compared to USD 61,742 a year ago. Net loss was USD 113,356 compared to USD 62,533 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. For the half year, sales was USD 39,113 compared to USD 216,069 a year ago. Operating loss was USD 180,386 compared to USD 133,931 a year ago. Net loss was USD 183,868 compared to USD 135,377 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
Vynleads, Inc. is a provider of health and wellness information principally targeted to people who are prediabetes or who have type 2 diabetes. The Company is focused on providing information to its customers who are seeking to make healthy choices by providing clear, generic blueprints, education, resources, and support. Its products include the Lifestyle Blueprint titled The DWD Protocol: Success Blueprint, which is a digital guide that provides dietary recommendations for a very low calorie eight-week diet together with information focusing on what, how and how much a person eats, nutritional information and how a personâs body does and does not use food. Lifestyle Blueprint consists of four modules, including The Foundation, The Meal Plan, Diabetes Free Lifestyle and Taking Control, together with recipe books. It also offers nutritional supplements, including its DWDx3 Advanced Daily Supplement and its Premium-Grade Omegax3 supplement.