Sunstock, Inc. Announces Revenue Results for the Third Quarter and Nine Months Ended Sept. 30, 2020
January 28, 2021 at 01:00 pm
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Sunstock, Inc. announced revenue results for the third quarter and nine months ended Sept. 30, 2020. For the quarter, the company reported Revenue increase of 25% to $2.5 million compared to $2.0 million reported for the
comparable quarter of 2019.
For the nine months, the company reported Revenue of $7.5 million, an increase of 92% compared to revenue of $3.9 million in the comparable period of 2019.
Sunstock, Inc. is engaged in buying, selling, and distributing precious metals. The Company is primarily focused on gold. The Company operates one precious metal retail store under the Mom's Silver Shop name in Sacramento, California. The Mom's Silver Shop specializes in buying and selling gold, silver, and rare coins, and is a precious metals retailer. The Company is also engaged in acquiring mining assets as well as rights to purchase mining production and to sell these metals primarily through retail channels, including their own branded coins. The Company intends to focus on projects that already own amounts of unrefined but already mined-gold ore and other precious metals.