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Bergio International Inc   (BRGO)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 
Price: $0.0001 $0.00 -50.000%
Day's High: $0.0002 Week Perf: 0.00
Day's Low: $ 0.00 30 Day Perf: 0.00
Volume (M): 33,717 52 Wk High: $ 0.03
Volume (M$): $ 3 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 106
 Employees -
 Revenues (TTM) (Millions $) 8
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Bergio International Inc
Bergio International Inc is a luxury jewelry brand that specializes in creating high-quality, innovative designs with a focus on rare gemstones and diamonds. The company was founded in 1995 by Berge Abajian and has since established itself as a leading name in the industry. Bergio's collection features a wide range of timeless and contemporary pieces, including engagement rings, necklaces, bracelets, and earrings. The brand is known for its exquisite craftsmanship, attention to detail, and commitment to satisfying the desires of its discerning customers.


   Company Address: 12 Daniel Road E. Fairfield 7004 NJ
   Company Phone Number: 227-3230   Stock Exchange / Ticker: BRGO
   BRGO is expected to report next financial results on March 29, 2024.


   

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Bergio International Inc

Concerns Mount as Bergio International Inc Faces Significant Revenue Decline in Fiscal Third Quarter of 2023



Bergio International Inc, a specialty retail company, has experienced a significant decline in its stock performance over the last five trading days. This decline of -20% brings the year-to-date performance to an impressive 300%. However, the stock is currently trading -56.2% below its 52-week average, raising concerns about the company's future. Analyzing the company's recent financial results for the fiscal third quarter of 2023 reveals several factors that may impact Bergio International Inc going forward.
Revenue Decline:
During the fiscal third quarter of 2023, Bergio International Inc experienced a substantial decline in revenue. Comparing to the same period a year ago, the revenue faded by -34.074% to $0.87 million from $1.32 million. Sequentially, the revenue tumbled even further by -38.31% from $1.41 million. This decline in top-line revenue stands in stark contrast to the average Specialty Retail industry, which recorded revenue improvement. Such a decline raises concerns about the company's sales and market position.

Bergio International Inc

Bergio International Inc Overcomes Challenges, Sees Encouraging Signs of Recovery Despite Major Revenue Drop

Bergio International Inc Faces Challenges but Remains Bullish for the Future
Despite facing some headwinds in its recent financial span from April to June 2023, Bergio International Inc remains optimistic about its future prospects. The company reported losses of $0.02 per share, compared to breakeven results a year ago. However, it is noteworthy that EPS improved from $-0.05 per share in the prior reporting period, indicating positive momentum.
While the revenue took a hit, declining by -42.688% to $1.41 million from the corresponding period a year ago, sequential growth of 1.517% from $1.39 million suggests the company is bouncing back. It is essential to consider the COVID-19 pandemic's impact on the global economy, which may have contributed to the decline in revenue.






 

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