HUMBL, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 09:07 pm
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HUMBL, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.186779 million compared to USD 0.021347 million a year ago. Net loss was USD 5.82 million compared to USD 11.58 million a year ago.
For the nine months, sales was USD 0.676245 million compared to USD 0.10635 million a year ago. Net income was USD 1.06 million compared to net loss of USD 31.99 million a year ago.
HUMBL, Inc. is a Web 3, digital commerce company, which connects consumers, businesses and governments in the digital economy. The Company provides tools and packaging for technologies, such as blockchain. It is built on a patent-pending, decentralized technology stack that utilizes both core and partner technologies, to provide connections to the digital economy and each other. The Company is organized into two divisions: HUMBL Consumer and HUMBL Commercial. It delivers a digital wallet and Website as its core services. Its services include HUMBL Wallet, HUMBL.com-Website and HUMBL Commercial Services. The HUMBL Wallet consolidates a variety of services for customers in one place and helps it to verify customers and merchants. The HUMBL Wallet is available for download on app stores. HUMBL Website consists of HUMBL Search Engine, HUMBL Tickets, HUMBL Marketplace, HUMBL Social Media and HUMBL Metaverse Stores. HUMBL is the Official Technology Platform of the Arena Football League.