Acquired Sales Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 07:34 am EDT
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Acquired Sales Corp. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 6.695 million compared to USD 1.267 million a year ago. Operating income was USD 1.556 million compared to operating loss of USD 349,030 a year ago. Net income was USD 1.596 million compared to net loss of USD 419,313 a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to diluted loss per share from continuing operations of USD 0.06 a year ago. For the half year, sales was USD 10.048 million compared to USD 1.638 million a year ago. Operating income was USD 2.217 million compared to operating loss of USD 2.107 million a year ago. Net income was USD 2.214 million compared to net loss of USD 2.179 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to basic loss per share from continuing operations of USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to diluted loss per share from continuing operations of USD 0.4 a year ago.
LFTD Partners Inc. is involved in the development, manufacturing and sale of a variety of branded, hemp-derived, psychoactive and alternative lifestyle products, and of products involving nicotine, tobacco and marijuana. Its subsidiary is Lifted Made (Lifted), which manufactures and sells hemp-derived cannabinoids, psychoactive substances and other alternative lifestyle products, including nicotine products under its Urb Finest Flowers (Urb) brand. Products sold by Lifted include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients, such as kanna, muscimol, ashwagandha and kava. Lifted sells its products online primarily through its Website: www.urb.shop. Lifted is also a manufacturer and seller of Diamond Supply Co. (www.DiamondSupplyCo.com) and Cali Sweets hemp-derived products. Lifted also manufactures and sells similar hemp-derived products to private label clients. Lifted also owns 4.99% of CBD-infused beverage and products maker, Ablis.
LFTD PARTNERS INC. 
