Bergio International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 10:02 pm
Share
Bergio International, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 77,944 compared to USD 83,963 a year ago. Operating loss was USD 117,650 compared to USD 80,682 a year ago. Net income was USD 908,695 compared to net loss of USD 111,345 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.21 a year ago. For the half year, sales was USD 153,337 compared to USD 221,072 a year ago. Operating loss was USD 296,666 compared to USD 142,739 a year ago. Net loss was USD 562,206 compared to USD 202,193 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.38 a year ago.
Bergio International, Inc. is engaged in the product design, manufacturing and distribution of fine jewelry primarily in the United States. Its products consist of a range of jewelry styles and designs made from precious metals, such as gold, platinum and Karat gold, as well as other precious stones. Its product range is divided into three fashion lines: an 18 karats (K) gold line, a bridal line, and a couture and/or one of kind pieces. The Bergio brand is associated with handcrafted and individually designed pieces with European sensibility, Italian craftsmanship and a bold flair for the unexpected. The Bergio brand designs consist of upscale jewelry that includes white diamonds, yellow diamonds, pearls, and colored stones, in 18K gold, platinum, and palladium. It designs and produces approximately 100 to 150 product styles. Its manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities located in Italy.
BERGIO INTERNATIONAL, INC. 