CSIMarket Company Name, Ticker, Competitors, else..
 
Samsara Luggage Inc   (DAVC)
Other Ticker:  
 
    Sector • Retail    Industry • Specialty Retail
   Industry • Specialty Retail
   Sector • Retail
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 102
 Employees -
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 1

Samsara Luggage Inc
Samsara Luggage Inc is a company that specializes in smart luggage solutions for the modern traveler. They create innovative suitcases with built-in technology, such as GPS tracking and USB charging ports. Samsara's luggage is designed to streamline the travel experience, offering features like a removable battery pack and a built-in weight scale. The company's products are known for their durable construction and sleek, minimalist design.


   Company Address: 135 E. 57th Street New York 10022 NY
   Company Phone Number: -256-7477   Stock Exchange / Ticker: DAVC


   

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Samsara Luggage Inc

Samsara Luggage Inc Turns the Tide, Achieves Profitability as Revenue Declines



Samsara Luggage Inc, a specialty retail company, has managed to achieve profitability in the second quarter of 2023, even though its revenue declined. The company recorded a net income per share of $0.01, in contrast to a loss of $-0.40 in the same quarter of the previous year. Although the revenue decreased by 9.821% to $0.10 million from $0.11 million in the previous year's second quarter, the company's ability to turn around its profitability is a positive sign for investors. This article aims to provide an overview and analysis of the financial results for Samsara Luggage Inc.
Financial Performance:
In the financial second quarter of 2023, Samsara Luggage Inc successfully transformed its financial position, displaying a net profit of $0.049 million. This is a significant improvement compared to a net loss of $-0.942 million in the corresponding reporting period a year ago. This notable turnaround can be attributed to the company's efforts to enhance its operational efficiency and cost management.
Samsara Luggage Inc

Samsara Luggage Inc Shines in Q1 2023 with Tremendous Revenue Growth, But Sustainability Remains a Concern

Samsara Luggage Inc, the premium smart luggage company, has reported a strong performance for the first quarter of 2023. For the January to March 31 timeframe, the company's loss per share decreased to $-0.05 per share from $-0.14 a year earlier. This is a positive sign for investors, as the company's earnings per share (EPS) improved from $-0.13 in the previous quarter.
The company's revenues have also shown significant growth, increasing by 700% to $0.25 million in the first quarter of 2023, compared to $0.03 million in the same period a year before. However, sequentially, revenue tumbled by -68.726% from $0.79 million. This shows that the company's revenue growth is not yet sustainable and needs to be monitored closely.






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