LGBTQ Loyalty Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
October 17, 2022 at 09:42 pm
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LGBTQ Loyalty Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 2.43 million compared to USD 3.75 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.01 a year ago.
For the six months, net loss was USD 3.35 million compared to USD 5.36 million a year ago. Basic loss per share from continuing operations was USD 0.004 compared to USD 0.01 a year ago.
LGBTQ Loyalty Holdings, Inc. is a financial methodology and media company. The Company is focused on unlocking the purchasing power of the LGTBQ community globally by offering a LGBTQ Index and core ETF portfolio that attract institutional investors and corporations. It provides the Loyalty Preference Index (the Index ETF), branded as the LGBTQ100 ESG Index, which is an environmental, social, and governance (ESG) Index. Its LGBTQ100 ESG Index integrates lesbian, gay, bisexual, transgender, and questioning (LGBTQ) community survey data into the methodology for a benchmark listing of the nations financially performing large-cap publicly listed corporations. The Index ETF provides the LGBTQ community and their allies with various Fortune 500 companies that support and implement diversity, inclusion, and equality policies within their organizations. The Company, through its wholly owned subsidiary, Loyalty Preference Index, Inc. (LPI), provides an index for the LGBTQ + ESG100 ETF.