Blue Line Protection Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 03:56 pm EDT
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Blue Line Protection Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 1.252 million compared to USD 1.007 million a year ago. Operating income was USD 344,582 compared to USD 139,592 a year ago. Net income was USD 2.799 million compared to USD 42,693 a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.27. For the half year, sales was USD 2.419 million compared to USD 1.999 million a year ago. Operating income was USD 704,763 compared to USD 287,132 a year ago. Net income was USD 863,119 compared to net loss of USD 188,802 a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.02 a year ago.
Blue Line Protection Group, Inc. provides armed protection and transportation, currency processing and training, and compliance services for businesses engaged in the legal cannabis industry. The Company provides logistics, and compliance services for businesses engaged in the legal cannabis industry. The Company offers asset logistic services, such as armed transportation service, including shipment protection, money escorts, asset vaulting, financial services, such as handling transportation and storage of currency; training; and compliance services. It offers a fully integrated approach to managing the movement of cannabis and cash from growers through dispensaries via armed and armored transport, currency processing, vaulting and related credit. It supplies asset protection via armored transportation and currency processing services to licensees in Colorado, Arizona, Nevada, and New Mexico, out of its two business locations.
BLUE LINE PROTECTION GROUP, INC. 
