Bergio International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 09:03 pm
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Bergio International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1.32 million compared to USD 2.18 million a year ago. Revenue was USD 1.32 million compared to USD 2.18 million a year ago. Net loss was USD 0.581704 million compared to USD 0.963613 million a year ago.
For the nine months, sales was USD 5.87 million compared to USD 5.46 million a year ago. Revenue was USD 5.87 million compared to USD 5.46 million a year ago. Net loss was USD 2.15 million compared to USD 2.98 million 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.