Kindcard, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023
December 15, 2023 at 09:47 pm
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Kindcard, Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 0.11916 million compared to USD 0.148162 million a year ago. Revenue was USD 0.12541 million compared to USD 0.148162 million a year ago. Net loss was USD 0.048696 million compared to USD 0.114458 million a year ago.
For the nine months, sales was USD 0.362623 million compared to USD 0.472316 million a year ago. Revenue was USD 0.381373 million compared to USD 0.472316 million a year ago. Net loss was USD 0.100826 million compared to USD 0.210692 million a year ago.
KindCard, Inc. is a FinTech and PayTech company. The Company, through its wholly owned operating subsidiaries, Deb, Inc. and Tendercard, Inc., provides alternative closed-loop payment solutions to consumers and businesses across a wide variety of verticals. Deb, Inc. targets the high-risk merchant market where businesses operating within innovative verticals and e-commerce are incurring higher transaction costs, utilizing a robust compliance policy for onboarding users and businesses in accordance with federal and state regulations. Deb, Inc.âs Pay with Deb consumer app operates on a closed-loop system, whereby consumers can purchase Deb Tokens to store in their wallet and use them to make purchases with the Pay with Deb merchant network. Tendercard, Inc. provides independent merchants with a gift card and loyalty platform, allowing businesses to purchase their own proprietary gift card program to promote and sell to their own customers, where their customers can also earn points.
KINDCARD, INC. 
