![Sugarmade, Inc. [SGMD] posts $11.68M loss as revenue rises 18.52% to $4.72M](/_next/image?url=http%3A%2F%2F10kinfo-appdata.s3.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FSGMD.png&w=3840&q=75)
Sugarmade, Inc. [SGMD] posts $11.68M loss as revenue rises 18.52% to $4.72M
By USInMinutes
Published - Jan 16, 2023, 12:23 AM ET
Last Updated - Feb 07, 2023, 05:11 AM EST
| Net Sales: | $4.72M |
Sugarmade, Inc. [SGMD] posted a loss of $11.68M, marking a fall of 90.94% for this year.
Revenue rose to $4.72M this year compared to $3.98M in the previous year.
According to the latest annual report the company has filed with the SEC, current earnings were $-11.68M, down 90.94% from $-6.11M.
The company’s net sales for the period were $4.72M, up 18.52%. Net sales in the previous year were $3.98M.
