Sharing Services Global Corp (PK:SHRG)
Business Focus: Software
| Sector: Technology | Industry: Software |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 5200 Tennyson Pkwy #400 PLANO TX 75024 |
| Tel: | N/A |
| Website: | https://www.shrginc.com |
| IR: | See website |
| Key People | ||
| Heng Fai Chan Executive Chairman of the Board | John Thatch President, Chief Executive Officer, Vice Chairman of the Board | Anthony S. Chan Chief Financial Officer |
| Business Overview |
| Sharing Services Global Corporation is engaged in developing or investing in emerging businesses and technologies. The Company operates through two segments: the sale of health and wellness products through an independent sales force, and the sale of other products and services, including third-party skincare products and services sold on a subscription basis. The Company's health and wellness product line consists of Nootropics, natural products aimed at improving the health and happiness of its customers and distributors. Its health and wellness products include Elevate MAX Happy Coffee, XanthoMax Happy Caps, Elevate NITRO Bold Coffee, Elevate Smart Coffee, KetoCre Keto Creamer, Choclevate Happy Chocolate, Elevate ZEST Happy + Lemonade, ElevaciTea Georgia Peach, ElevaciTea Vanilla Chai, Fit & Happy Shake, All-in-One Happy Shake, Optimal Probiotic 8, and Extreme Energy Patch. Its skincare products include Age-Defying Intensive Repair Serum and Ultimate Revitalizing Cream. |
| Financial Overview |
| For the nine months ended 31 December 2022, Sharing Services Global Corp revenues decreased 55% to $12.7M. Net loss increased from $13.2M to $30.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Unrealized gain (loss) on investment decrease from $3.3M (income) to $10.3M (expense), Gain on employee warrants liability decrease of 89% to $207K (income). |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
US Quotes Data provided by IEX. Additional price data powered by Twelve Data. Company fundamental sourced from © Refinitiv. Click for restrictions. © Refinitiv. All rights reserved. Republication or redistribution of Refinitiv, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. Refinitiv is not liable for any errors or delays in Refinitiv content, or for any actions taken in reliance on such content.
Interactive technical study charts by TradingView. Copyright © 2023 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.