Descrypto Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2022
June 14, 2022 at 09:06 pm
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Descrypto Holdings, Inc. reported earnings results for the third quarter and nine months ended April 30, 2022. For the third quarter, the company reported net income was USD 1.47 million compared to net loss of USD 0.010547 million a year ago. Basic earnings per share from continuing operations was USD 0.04. Diluted earnings per share from continuing operations was USD 0.04.
For the nine months, net loss was USD 1.67 million compared to USD 0.016672 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss per share from continuing operations was USD 0.01.
OpenLocker Holdings, Inc. (OpenLocker) is a technology platform for athletes and brands. OpenLocker builds fan communities on the Blockchain, primarily for colleges and universities using student-athletes Name, Image and Likeness (NIL). OpenLocker increases engagement among fans, athletes and brands through digital and physical collectibles and provides user utility, perks and experiences. OpenLocker delivers digital loyalty and marketing within sports and entertainment and across other industries. OpenLocker also offers physical collectibles, including autographed collectibles and personalized experiences (meet-and-greet or customized activity) with the athlete, arranged by OpenLocker with the athletes input and approval. It connects the digital and physical worlds by creating wallet-sized physical collectibles with the digital art printed on one side with a quick response (QR) code that directs to the fan community Website. Its portfolio includes OpenStable, Lionz Club and others.