Webstar Technology Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 13, 2021 at 11:44 pm IST
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Webstar Technology Group, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 6,739 compared to USD 4,442 a year ago. Operating loss was USD 1.351 million compared to USD 1.094 million a year ago. Net loss was USD 1.351 million compared to USD 1.115 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
Webstar Technology Group, Inc. is engaged in providing software solutions. Its products and services include Gigabyte Slayer Software, WARP-G Software and Webstar eCampus. It focuses on organizational activities and the development of its business plans to license the Gigabyte Slayer software application that is designed to deliver live video streams, video downloads and large data files by using new data compression technology and to license the WARP-G software solution that is designed to enable enterprise customers that transmit live video streams, video downloads and large data files to push such data over existing pipelines by using new data compression technology. Gigabyte Slayer is a retail-oriented software application that will be sub-licensed to targeted companies that provide data streaming services. WARP-G is a business-to-business software solution that companies can use on an enterprise-wide basis to transmit data over existing data streams to optimize their data usage.
WEBSTAR TECHNOLOGY GROUP, INC. 
